Invisible Hands
by Kim Phillips-Fein · first published 2008
7mentions
2recommended by
3HN commenters
2016–2024first – last mentioned
67% recommend33% neutral
Beginning in the mid-1930s, a handful of prominent American businessmen forged alliances with the aim of rescuing America from socialism and the 'nanny state'. Kim Phillips-Fein's narrative reveals the dramatic story of a pragmatic, step-by-step campaign to promote an ideological revolution.
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…tech company. No, it has become the latest attempt in a very long list of various form of attempts to essentially roll back the New Deal, undo all the progress organized labor made. Recommended reading: Invisible Hands by Kim Phillips-Fein, this covers the first few decades closing with Reagan (and almost starting with him, too). https://www.wwnorton.co.uk/books/9780393337662-invisible-han... If you consider it from…
on “MoviePass will shut down for good on Sept. 14” ↗…variable quality, but some really excellent, unique viewpoints from value investors and macro managers there. I would also recommend the Market Wizards series by Schwager and Inside the House of Money/the Invisible Hands by the Drobnys.
on “Ask HN: How did you learn about stocks and the market?” ↗…conductors, air traffic controllers Blame Reagan. Seriously. I am not joking. Blame Reagan. These need to be union jobs. These used to be union jobs. For a more nuanced history read https://wwnorton.com/books/Invisible-Hands/
on “America needs carpenters and plumbers. Try telling that to Gen Z” ↗All these takes here. Two preambles: Y'all need to read Invisible Hands, really need to. That book is about how various losely connected sometimes even competing groups of businessmen worked to roll the New Deal back. It's not a conspiracy theory, there was no shadow cabal…
on “Uber to pay $272M to Australian taxi operators” ↗…https://www.amazon.com/Bowling-Alone-Collapse-American-Commu... [2] https://www.amazon.com/Upswing-America-Together-Century-Agai... [3] https://en.wikipedia.org/wiki/Business_Plot [4] https://www.amazon.com/Invisible-Hands-Kim-Phillips-Fein-aud... [5] https://www.amazon.com/Road-Mont-P%C3%A8lerin-Neoliberal-Col... [6] https://en.wikipedia.org/wiki/Democratic_Leadership_Council [7] https://www.amazon.com/Dark-Money-Jane-Mayer-audiobook/dp/B0...…
on “House Votes to Extend–and Expand–A Major US Spy Program” ↗Note that he was possibly also asked to lead a coup against FDR [1] which was never substantiated, but rhymes with other stuff going on at that time such as that covered by "Invisible Hands: A narrative history of the influential businessmen who fought to roll back the New Deal." [2] These conservative groups were also heavily involved with extremist anti-communist and oft times pro-fascist…
on “War Is a Racket (1935)” ↗Sometimes it's not even particularly covert just hard to see the big picture as the events unfold. https://wwnorton.com/books/Invisible-Hands/
on “Sam Bankman-Fried Sent Back to Jail After Leaking Diary of Ex-Lover” ↗