Original publisher: New York: Lyle Stewart
Publication status: Out of print
Original Dust Jacket Copy
Thirty years ago, a bombshell of a book appeared which told the story of the lords of wealth and their glittering clans. it was called America’s Sixty Families. It rocked the nation and became a classic.
Lundberg showed how America was ruled by a plutocracy of inherited wealth, even under the New Deal. At the time he could only provide a sampling of the economic and political patterns of those families, which, for one reason or another, had come under public scrutiny. In addition to the Sixty Families he dealt with in depth, he was able to outline the probable holdings of a few hundred other families.
Where are they today–those Sixty Families? What ravages of time, death and taxes worked on the mighty fortunes of yesteryear? Is the “Welfare State” robbing them of the opulence they knew in the good old days?
The author, in writing THE RICH AND THE SUPER RICH, had at his disposal infinitely richer data, monographs, Congressional investigations than were available three decades ago. They have made it possible for him to give us a book which is much more than a mere updating of America’s Sixty Families. It is, rather, a systematic study of the entire wealthy class and its familial structure. (In one important aspect It resembles America’s Sixty Families, it is written for the layman to awaken him to the real and little-known situation.)
Lundberg shows that there are 200,000 very wealthy individuals in the United States. Most of them are of some 500 super-millionaire families. Examples are 250 Du Ponts, 73 Rockefellers. Some 61% of the 200,00 inherited their wealth. These families are far wealthier than ever before. (A striking example is that author had to insert a footnote as the book went be press to report that the value of J. Paul Getty’s’ principal holdings in the oil company bearing his name had tripled since the manuscript of THE RICH AND THE SUPER-RICH went to the printer.)
These families have all the old levers of power and pelf plus a whole host of new ones created for them during the intervening decades by the politicians lawyers and judges who serve them.
Ferdinand Lundberg was born in Chicago in the first decade at this century. He was educated in Chicago public schools and entered newspaper work in Chicago. Later he was a financial writer for the Now York Herald Tribune, for whom he covered the New York Stock Exchange for eight years. He first attracted wide attention for his reports of the big stock market crash of 1929.
In the mid 1930s, he began a writing career in the book and magazine field. His Imperial Hearst was the basis for the screen play, Citizen Kane. Other bestsellers include Modern Woman: The Lost Sex (in collaboration) and the book for which he is most noted, America’s Sixty Families. This book was embraced by New Deal leaders and helped to shape the destiny of the Roosevelt Administration in its early years.
During World War II, Lundberg was an economist with the War Production Board and the War Shipping Administration. After the war, he served the Twentieth Century Fund as editor and began teaching–first at Finch College, New York, and then as Adjunct Professor of Social Philosophy at New York University. He took leave of his teaching duties in 1965 to devote full, time to the writing of The Rich and The Super-Rich.
Within a few moments of clicking 'Request Copy' below you will receive an email containing your authorization and the URL where your requested copy is located online, allowing you proceed.
This is a free public library. Non-members do not have to pay any fees to obtain the materials in this library. But non-members will first be asked to make a small contribution before their download link is sent. Contribute or not, you will immediately receive an email containing the URL where the copy you have requested may be downloaded.
Please bookmark the URL you are about to get because under Australian library rules you are not allowed to request a copy of the same book more than one time unless you have a valid reason.
This procedure insures that the Soil And Health Library operates in compliance with Australian copyright rules. You may be absolutely assured that your name and email address will not be shared with anyone for any purpose whatsoever, unless, according to Australian copyright rules, an official of the Australian government wishes to inspect these requests. Orderly record of them must be retained for four years.
I declare that I require the reproduction for the purpose of research and study and I will not use it for any other purpose, and I have not previously been supplied with a reproduction of the same material by an authorized officer of the library.
Signed: Steve Solomon, Soil and Health Librarian
Personal data including the user's legal name and email address will be stored in Soil and Health Library archives for a minimum of four years, but will not be sold to anyone or shared with anyone except as required by Australian law.