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Book The President and American Capitalism since 1945

Download or read book The President and American Capitalism since 1945 written by Mark H. Rose and published by University Press of Florida. This book was released on 2017-11-14 with total page 363 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume describes the many ways presidential actions have affected the development of capitalism in the post–World War II era. Contributors show how, since Harry S. Truman took office in 1945, the American "Consumer-in-Chief " has exerted a decisive hand as well as behind-the-scenes influence on the national economy. And, by extension, on the everyday lives of Americans. The Employment Act of 1946 expanded presidential responsibility to foster prosperity and grow the economy. However, the details and consequences of the president’s budget often remain obscured because of the budget’s size and complexity, perpetuating an illusion that presidents matter less than markets. Essays in this volume highlight the impact of presidential decisions on labor, gender discrimination, affirmative action, poverty, student loans, and retirement planning. They examine how a president can influence the credit card economy, the rebuilding of postindustrial cities, growth in the energy sector and the software industry, and even advances in genetic engineering. They also look at how economic gains in one particular area can have ramifications in other areas. National defense strategies have led to the privatization of weapons acquisition and the development of the modern research university to create a defensive brain trust among citizens. Policies aimed at supporting competitive American businesses—for example, in the biotech field—also affect the environment. This book is an important contribution to the history of capitalism, articulating how the president—by supporting policies that promote business growth in all sectors—has helped domestic companies expand internationally and added to a global image of the United States that is deeply intertwined with its leading corporations.

Book The President and American Capitalism Since 1945

Download or read book The President and American Capitalism Since 1945 written by Mark H. Rose and published by . This book was released on with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: This anthology contributes to the literature on the history of capitalism and connects the fields of political history, business history, and presidential studies. The essays demonstrate the prominent role of presidents in the economic and social fabric of American life. At the same time, the essays highlight the changing role of liberalism in post-World War II America. The chapters are organized thematically and grouped together as sections on patterns, sectors, and environments. The book, likewise, emphasizes the key role played by the presidency in the development of capitalism since 1945.

Book Capitalism in America

Download or read book Capitalism in America written by Alan Greenspan and published by Penguin. This book was released on 2018-10-16 with total page 496 pages. Available in PDF, EPUB and Kindle. Book excerpt: From the legendary former Fed Chairman and the acclaimed Economist writer and historian, the full, epic story of America's evolution from a small patchwork of threadbare colonies to the most powerful engine of wealth and innovation the world has ever seen. Shortlisted for the 2018 Financial Times and McKinsey Business Book of the Year Award From even the start of his fabled career, Alan Greenspan was duly famous for his deep understanding of even the most arcane corners of the American economy, and his restless curiosity to know even more. To the extent possible, he has made a science of understanding how the US economy works almost as a living organism--how it grows and changes, surges and stalls. He has made a particular study of the question of productivity growth, at the heart of which is the riddle of innovation. Where does innovation come from, and how does it spread through a society? And why do some eras see the fruits of innovation spread more democratically, and others, including our own, see the opposite? In Capitalism in America, Greenspan distills a lifetime of grappling with these questions into a thrilling and profound master reckoning with the decisive drivers of the US economy over the course of its history. In partnership with the celebrated Economist journalist and historian Adrian Wooldridge, he unfolds a tale involving vast landscapes, titanic figures, triumphant breakthroughs, enlightenment ideals as well as terrible moral failings. Every crucial debate is here--from the role of slavery in the antebellum Southern economy to the real impact of FDR's New Deal to America's violent mood swings in its openness to global trade and its impact. But to read Capitalism in America is above all to be stirred deeply by the extraordinary productive energies unleashed by millions of ordinary Americans that have driven this country to unprecedented heights of power and prosperity. At heart, the authors argue, America's genius has been its unique tolerance for the effects of creative destruction, the ceaseless churn of the old giving way to the new, driven by new people and new ideas. Often messy and painful, creative destruction has also lifted almost all Americans to standards of living unimaginable to even the wealthiest citizens of the world a few generations past. A sense of justice and human decency demands that those who bear the brunt of the pain of change be protected, but America has always accepted more pain for more gain, and its vaunted rise cannot otherwise be understood, or its challenges faced, without recognizing this legacy. For now, in our time, productivity growth has stalled again, stirring up the populist furies. There's no better moment to apply the lessons of history to the most pressing question we face, that of whether the United States will preserve its preeminence, or see its leadership pass to other, inevitably less democratic powers.

Book The United States Since 1945

Download or read book The United States Since 1945 written by Dewey W. Grantham and published by . This book was released on 1968 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book The Great Deformation

Download or read book The Great Deformation written by David Stockman and published by Public Affairs. This book was released on 2013-04-02 with total page 770 pages. Available in PDF, EPUB and Kindle. Book excerpt: A former Michigan congressman and member of the Reagan administration describes how interference in the financial markets has contributed to the national debt and has damaging and lasting repercussions.

Book Political Thought and the Origins of the American Presidency

Download or read book Political Thought and the Origins of the American Presidency written by Ben Lowe and published by University Press of Florida. This book was released on 2021-06-08 with total page 343 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume examines the political ideas behind the construction of the presidency in the U.S. Constitution, as well as how these ideas were implemented by the nation’s early presidents. The framers of the Constitution disagreed about the scope of the new executive role they were creating, and this volume reveals the ways the duties and power of the office developed contrary to many expectations. Here, leading scholars of the early republic examine principles from European thought and culture that were key to establishing the conceptual language and institutional parameters for the American executive office. Unpacking the debates at the 1787 Constitutional Convention, these essays describe how the Constitution left room for the first presidents to set patterns of behavior and establish a range of duties to make the office functional within a governmental system of checks and balances. Contributors explore how these presidents understood their positions and fleshed out their full responsibilities according to the everyday operations required to succeed. As disputes continue to surround the limits of executive power today, this volume helps identify and explain the circumstances in which limits can be imposed on presidents who seem to dangerously exceed the constitutional parameters of their office. Political Thought and the Origins of the American Presidency demonstrates that this distinctive, time-tested role developed from a fraught, historically contingent, and contested process. Contributors: Claire Rydell Arcenas | Lindsay M. Chervinsky | François Furstenberg | Jonathan Gienapp | Daniel J. Hulsebosch | Ben Lowe | Max Skjönsberg | Eric Slauter | Caroline Winterer | Blair Worden | Rosemarie Zagarri A volume in the Alan B. and Charna Larkin Series on the American Presidency

Book Ages of American Capitalism

Download or read book Ages of American Capitalism written by Jonathan Levy and published by Random House Trade Paperbacks. This book was released on 2022-04-05 with total page 945 pages. Available in PDF, EPUB and Kindle. Book excerpt: A leading economic historian traces the evolution of American capitalism from the colonial era to the present—and argues that we’ve reached a turning point that will define the era ahead. “A monumental achievement, sure to become a classic.”—Zachary D. Carter, author of The Price of Peace In this ambitious single-volume history of the United States, economic historian Jonathan Levy reveals how capitalism in America has evolved through four distinct ages and how the country’s economic evolution is inseparable from the nature of American life itself. The Age of Commerce spans the colonial era through the outbreak of the Civil War, and the Age of Capital traces the lasting impact of the industrial revolution. The volatility of the Age of Capital ultimately led to the Great Depression, which sparked the Age of Control, during which the government took on a more active role in the economy, and finally, in the Age of Chaos, deregulation and the growth of the finance industry created a booming economy for some but also striking inequalities and a lack of oversight that led directly to the crash of 2008. In Ages of American Capitalism, Levy proves that capitalism in the United States has never been just one thing. Instead, it has morphed through the country’s history—and it’s likely changing again right now. “A stunning accomplishment . . . an indispensable guide to understanding American history—and what’s happening in today’s economy.”—Christian Science Monitor “The best one-volume history of American capitalism.”—Sven Beckert, author of Empire of Cotton

Book Americana

    Book Details:
  • Author : Bhu Srinivasan
  • Publisher : Penguin
  • Release : 2018-12-04
  • ISBN : 0399563814
  • Pages : 578 pages

Download or read book Americana written by Bhu Srinivasan and published by Penguin. This book was released on 2018-12-04 with total page 578 pages. Available in PDF, EPUB and Kindle. Book excerpt: An absorbing and original narrative history of American capitalism NAMED A BEST BOOK OF 2017 BY THE ECONOMIST From the days of the Mayflower and the Virginia Company, America has been a place for people to dream, invent, build, tinker, and bet the farm in pursuit of a better life. Americana takes us on a four-hundred-year journey of this spirit of innovation and ambition through a series of Next Big Things -- the inventions, techniques, and industries that drove American history forward: from the telegraph, the railroad, guns, radio, and banking to flight, suburbia, and sneakers, culminating with the Internet and mobile technology at the turn of the twenty-first century. The result is a thrilling alternative history of modern America that reframes events, trends, and people we thought we knew through the prism of the value that, for better or for worse, this nation holds dearest: capitalism. In a winning, accessible style, Bhu Srinivasan boldly takes on four centuries of American enterprise, revealing the unexpected connections that link them. We learn how Andrew Carnegie's early job as a telegraph messenger boy paved the way for his leadership of the steel empire that would make him one of the nation's richest men; how the gunmaker Remington reinvented itself in the postwar years to sell typewriters; how the inner workings of the Mafia mirrored the trend of consolidation and regulation in more traditional business; and how a 1950s infrastructure bill triggered a series of events that produced one of America's most enduring brands: KFC. Reliving the heady early days of Silicon Valley, we are reminded that the start-up is an idea as old as America itself. Entertaining, eye-opening, and sweeping in its reach, Americana is an exhilarating new work of narrative history.

Book The Reagan Revolution  A Very Short Introduction

Download or read book The Reagan Revolution A Very Short Introduction written by Gil Troy and published by Oxford University Press. This book was released on 2009-07-30 with total page 168 pages. Available in PDF, EPUB and Kindle. Book excerpt: "They called it the Reagan revolution," Ronald Reagan noted in his Farewell Address. "Well, I'll accept that, but for me it always seemed more like the great rediscovery, a rediscovery of our values and our common sense." Nearly two decades after that 1989 speech, debate continues to rage over just how revolutionary those Reagan years were. The Reagan Revolution: A Very Short Introduction identifies and tackles some of the controversies and historical mysteries that continue to swirl around Reagan and his legacy, while providing an illuminating look at some of the era's defining personalities, ideas, and accomplishments. Gil Troy, a well-known historian who is a frequent commentator on contemporary politics, sheds much light on the phenomenon known as the Reagan Revolution, situating the reception of Reagan's actions within the contemporary liberal and conservative political scene. While most conservatives refuse to countenance any criticism of their hero, an articulate minority laments that he did not go far enough. And while some liberals continue to mourn just how far he went in changing America, others continue to mock him as a disengaged, do-nothing dunce. Nevertheless, as Troy shows, two and a half decades after Reagan's 1981 inauguration, his legacy continues to shape American politics, diplomacy, culture, and economics. Both Bill Clinton and George W. Bush modeled much of their presidential leadership styles on Reagan's example, while many of the debates of the '80s about the budget, tax cutting, defense-spending, and American values still rage. Love him or hate him, Ronald Reagan remains the most influential president since Franklin D. Roosevelt, and one of the most controversial. This marvelous book places the Reagan Revolution in the broader context of postwar politics, highlighting the legacies of these years on subsequent presidents and on American life today. About the Series: Combining authority with wit, accessibility, and style, Very Short Introductions offer an introduction to some of life's most interesting topics. Written by experts for the newcomer, they demonstrate the finest contemporary thinking about the central problems and issues in hundreds of key topics, from philosophy to Freud, quantum theory to Islam.

Book Capitalism Contested

    Book Details:
  • Author : Romain Huret
  • Publisher : University of Pennsylvania Press
  • Release : 2020-12-11
  • ISBN : 0812297628
  • Pages : 361 pages

Download or read book Capitalism Contested written by Romain Huret and published by University of Pennsylvania Press. This book was released on 2020-12-11 with total page 361 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the historical narrative that prevails today, the New Deal years are positioned between two equally despised Gilded Ages—the first in the late nineteenth century and the second characterized by the world of Walmart, globalization, and right-wing populism in which we currently live. What defines these two ages is an increasing level of inequality legitimized by powerful ideologies, namely, Social Darwinism at the end of the nineteenth century and neoliberalism today. In stark contrast, the era of the New Deal was first and foremost an attempt to put an end to inequality in American society. In the historical longue durée, it appears today as a kind of golden age when policymakers and citizens sought to devise solutions to the two major "questions"—labor on one side, social on the other—that were at the heart of the American political economy during the twentieth century. Capitalism Contested argues that the New Deal order remains an effective framework to make sense of the transformation of American political economy over the last hundred years. Contributors offer an historicized analysis of the degree to which that political, economic, and ideological order persists and the ways in which it has been transcended or even overthrown. The essays pay attention not only to those ideas and social forces hostile to the New Deal, but to the contradictions and debilities that were present at the inauguration or became inherent within this liberal impulse during the last half of the twentieth century. The unifying thematic among the essays consists not in their subject matter—politics, political economy, social thought, and legal scholarship are represented—but in a historical quest to assess the transformation and fate of an economic and policy order nearly a century after its creation. Contributors: Kate Andrias, Romain Huret, William P. Jones, Nelson Lichtenstein, Nancy MacLean, Isaac William Martin, Margaret O'Mara, K. Sabeel Rahman, Timothy Shenk, Elizabeth Tandy Shermer, Jason Scott Smith, Samir Sonti, Karen M. Tani, Jean-Christian Vinel.

Book Faith and Fortune

Download or read book Faith and Fortune written by Marc Gunther and published by Crown Currency. This book was released on 2004-10-12 with total page 306 pages. Available in PDF, EPUB and Kindle. Book excerpt: Lately the headlines have delivered dispiriting news about wrongdoing and scandal in business. But behind the headlines lies a surprising, untold story: Corporate America is changing for the better. Faith and Fortune tells the stories of the extraordinary people who are leading the way and the admirable companies they have built. This book is called Faith and Fortune because faith provides the fuel that energizes these people as they strive to do business better and to find meaning in their work. Some have faith in God; others do not. But all have faith in the goodness of people and in the possibility of change. Most of all, they believe that corporations can become a powerful force for good in the world, and that they can—and should—serve people and not the other way around. Faith and Fortune argues that an exciting new model of conducting business is taking hold, not only in small, socially responsible companies like Ben & Jerry’s but inside such bulwarks of the Fortune 500 as Ford, Citigroup, and DuPont. Bit by bit, almost imperceptibly, this new model is replacing a century-old approach that was rooted in the industrial era and looked at business as a series of discrete, win-lose transactions: Executives tried to pay their workers and suppliers as little as possible, charge their customers as much as they could, and maximize their short-term profits. Today, by contrast, forward-thinking executives build their businesses by developing a network of long-lasting, win-win relationships. Great companies serve their workers, customers, shareholders, and the common good. Powerful forces are driving these changes, including the desire of companies to attract and engage their workforce, the emergence of the 1960s’ generation to positions of corporate power, the spirituality-in-the-workplace movement, the rise of social investing, and the growth and sophistication of activist groups. At once realistic and inspiring, Faith and Fortune profiles companies and people who represent the best of business and exemplify these new values. Among the stories told here: •UPS creates opportunities for immigrants and minorities, promotes from within, and provides its people with a much-valued sense of community •Southwest Airlines, the fun-loving airline, has built the concept of servant leadership into its storied culture •Starbucks provides stock options and health insurance even to part-time workers and builds sustainable business models for coffee growers in the developing world •Timberland has turned community services into a valuable corporate asset Other companies profiled here include Hewlett-Packard, Herman Miller, Staples, PepsiCo, Domini Social Investments, Tom’s of Maine, and Greyston Bakery. The book also includes a chapter exploring what the great religious traditions have to teach today’s businesspeople about creating sustainable enterprises and an analysis of the business case for corporate social responsibility. Faith and Fortune is a thoughtful, original, and important book that will reshape the debate about the role of business in America.

Book FDR

    FDR

    Book Details:
  • Author : Iwan Morgan
  • Publisher : Bloomsbury Publishing
  • Release : 2022-07-14
  • ISBN : 0755637194
  • Pages : 360 pages

Download or read book FDR written by Iwan Morgan and published by Bloomsbury Publishing. This book was released on 2022-07-14 with total page 360 pages. Available in PDF, EPUB and Kindle. Book excerpt: One of the greatest American presidents, Franklin Delano Roosevelt built a coalition of labour, ethnic, urban, low-income and African-American voters that underwrote the Democratic Party's national ascendancy from the 1930s to the 1980s. Over his four terms, he promoted the New Deal – the greatest reform programme in US history – to meet the challenges of the Great Depression, led the United States to the brink of victory in the Second World War, and established the modern presidency as the driving force of American politics and government. Iwan Morgan takes a fresh look at FDR, showing how his leadership enabled the United States of America to become the most successful country of the twentieth century. This astute and original assessment of a highly consequential presidency explains how Roosevelt enhanced the governing capacity of his office, promoted a constitutional revolution through his dealings with the Supreme Court, and forged a new intimacy between the president and the American people through his genius for political communication. It also demonstrates the significance of his organizational and strategic leadership as commander-in-chief in America's greatest foreign war, his role in holding together the US-British-Soviet Grand Alliance against the Axis powers, and his pioneering development of the national-security presidency that sought to promote a lasting post-war peace for the world. In fluid, immensely readable prose, Morgan focuses on the ways in which FDR transformed the presidency into an institution of domestic and international leadership to establish the modern ideal of the office as an assertive, democratic executive charged with meeting the challenges facing the US at home and abroad.

Book Market Rules

    Book Details:
  • Author : Mark H. Rose
  • Publisher : University of Pennsylvania Press
  • Release : 2018-11-27
  • ISBN : 0812251024
  • Pages : 272 pages

Download or read book Market Rules written by Mark H. Rose and published by University of Pennsylvania Press. This book was released on 2018-11-27 with total page 272 pages. Available in PDF, EPUB and Kindle. Book excerpt: Although most Americans attribute shifting practices in the financial industry to the invisible hand of the market, Mark H. Rose reveals the degree to which presidents, legislators, regulators, and even bankers themselves have long taken an active interest in regulating the industry. In 1971, members of Richard Nixon's Commission on Financial Structure and Regulation described the banks they sought to create as "supermarkets." Analogous to the twentieth-century model of a store at which Americans could buy everything from soft drinks to fresh produce, supermarket banks would accept deposits, make loans, sell insurance, guide mergers and acquisitions, and underwrite stock and bond issues. The supermarket bank presented a radical departure from the financial industry as it stood, composed as it was of local savings and loans, commercial banks, investment banks, mutual funds, and insurance firms. Over the next four decades, through a process Rose describes as "grinding politics," supermarket banks became the guiding model of the financial industry. As the banking industry consolidated, it grew too large while remaining too fragmented and unwieldy for politicians to regulate and for regulators to understand—until, in 2008, those supermarket banks, such as Citigroup, needed federal help to survive and prosper once again. Rose explains the history of the financial industry as a story of individuals—some well-known, like Presidents Kennedy, Carter, Reagan, and Clinton; Treasury Secretaries Donald Regan and Timothy Geithner; and JP Morgan CEO Jamie Dimon; and some less so, though equally influential, such as Kennedy's Comptroller of the Currency James J. Saxon, Citicorp CEO Walter Wriston, and Bank of America CEOs Hugh McColl and Kenneth Lewis. Rose traces the evolution of supermarket banks from the early days of the Kennedy administration, through the financial crisis of 2008, and up to the Trump administration's attempts to modify bank rules. Deeply researched and accessibly written, Market Rules demystifies the major trends in the banking industry and brings financial policy to life.

Book Contingent Faculty and the Remaking of Higher Education

Download or read book Contingent Faculty and the Remaking of Higher Education written by Eric Fure-Slocum and published by University of Illinois Press. This book was released on 2024-01-23 with total page 228 pages. Available in PDF, EPUB and Kindle. Book excerpt: An educational crisis from its origins to present-day experiences In the United States today, almost three-quarters of the people teaching in two- and four-year colleges and universities work as contingent faculty. They share the hardships endemic in the gig economy: lack of job security and health care, professional disrespect, and poverty wages that require them to juggle multiple jobs. This collection draws on a wide range of perspectives to examine the realities of the contingent faculty system through the lens of labor history. Essayists investigate structural changes that have caused the use of contingent faculty to skyrocket and illuminate how precarity shapes day-to-day experiences in the academic workplace. Other essays delve into the ways contingent faculty engage in collective action and other means to resist austerity measures, improve their working conditions, and instigate reforms in higher education. By challenging contingency, this volume issues a clear call to reclaim higher education’s public purpose. Interdisciplinary in approach and multifaceted in perspective, Contingent Faculty and the Remaking of Higher Education surveys the adjunct system and its costs. Contributors: Gwendolyn Alker, Diane Angell, Joe Berry, Sue Doe, Eric Fure-Slocum, Claire Goldstene, Trevor Griffey, Erin Hatton, William A. Herbert, Elizabeth Hohl, Miguel Juárez, Aimee Loiselle, Maria C. Maisto, Anne McLeer, Steven Parfitt, Jiyoon Park, Claire Raymond, Gary Rhoades, Jeff Schuhrke, Elizabeth Tandy Shermer, Steven Shulman, Joseph van der Naald, Anne Wiegard, Naomi R Williams, and Helena Worthen

Book Postwar

    Book Details:
  • Author : Tony Judt
  • Publisher : Penguin
  • Release : 2006-09-05
  • ISBN : 9780143037750
  • Pages : 1000 pages

Download or read book Postwar written by Tony Judt and published by Penguin. This book was released on 2006-09-05 with total page 1000 pages. Available in PDF, EPUB and Kindle. Book excerpt: Finalist for the Pulitzer Prize • Winner of the Council on Foreign Relations Arthur Ross Book Award • One of the New York Times' Ten Best Books of the Year “Impressive . . . Mr. Judt writes with enormous authority.” —The Wall Street Journal “Magisterial . . . It is, without a doubt, the most comprehensive, authoritative, and yes, readable postwar history.” —The Boston Globe Almost a decade in the making, this much-anticipated grand history of postwar Europe from one of the world's most esteemed historians and intellectuals is a singular achievement. Postwar is the first modern history that covers all of Europe, both east and west, drawing on research in six languages to sweep readers through thirty-four nations and sixty years of political and cultural change-all in one integrated, enthralling narrative. Both intellectually ambitious and compelling to read, thrilling in its scope and delightful in its small details, Postwar is a rare joy. Judt's book, Ill Fares the Land, republished in 2021 featuring a new preface by bestselling author of Between the World and Me and The Water Dancer, Ta-Nehisi Coates.

Book Supercapitalism

Download or read book Supercapitalism written by Robert B. Reich and published by Vintage. This book was released on 2007-09-04 with total page 214 pages. Available in PDF, EPUB and Kindle. Book excerpt: From one of America's foremost economic and political thinkers comes a vital analysis of our new hypercompetitive and turbo-charged global economy and the effect it is having on American democracy. With his customary wit and insight, Reich shows how widening inequality of income and wealth, heightened job insecurity, and corporate corruption are merely the logical results of a system in which politicians are more beholden to the influence of business lobbyists than to the voters who elected them. Powerful and thought-provoking, Supercapitalism argues that a clear separation of politics and capitalism will foster an enviroment in which both business and government thrive, by putting capitalism in the service of democracy, and not the other way around.

Book The General vs  the President

Download or read book The General vs the President written by H. W. Brands and published by Anchor. This book was released on 2017-10-03 with total page 482 pages. Available in PDF, EPUB and Kindle. Book excerpt: NEW YORK TIMES BESTSELLER From the two-time Pulitzer Prize finalist, bestselling historian, and author of Our First Civil War comes the riveting story of how President Harry Truman and General Douglas MacArthur squared off to decide America's future in the aftermath of World War II. "A highly readable take on the clash of two titanic figures in a period of hair-trigger nuclear tensions.... History offers few antagonists with such dramatic contrasts, and Brands brings these two to life." —Los Angeles Times At the height of the Korean War, President Harry S. Truman committed a gaffe that sent shock waves around the world, when he suggested that General Douglas MacArthur, the willful, fearless, and highly decorated commander of the American and U.N. forces, had his finger on the nuclear trigger. At a time when the Soviets, too, had the bomb, the specter of a catastrophic third World War lurked menacingly close on the horizon. A correction quickly followed, but the damage was done; two visions for America’s path forward were clearly in opposition, and one man would have to make way. The contest of wills between these two titanic characters unfolds against the turbulent backdrop of a faraway war and terrors conjured at home by Joseph McCarthy. From the drama of Stalin’s blockade of West Berlin to the daring landing of MacArthur’s forces at Inchon to the shocking entrance of China into the war, The General and the President vividly evokes the making of a new American era.