Robber Barons of the World Unite!

By T.J. Stiles & Steve Fraser

This article appeared in the December 14, 2009 edition of The Nation.

November 24, 2009

San Francisco

Thanks to Steve Fraser for his lengthy review of my book, The First Tycoon: The Epic Life of Cornelius Vanderbilt ["The Misunderstood Robber Baron," Nov. 30]. I wish to offer a few words in response, but I hope I don't sound querulous. Fraser offers a healthy amount of praise, and his criticisms largely spring from a sympathy with wage workers. That's precisely the attitude readers--including me--want and expect in your pages. We certainly don't find enough of it elsewhere.

But I would like to stress the nuances that I tried to impart to my portrait. Fraser leaves the impression that my book descends into simple praise for a great capitalist, whereas I tried to uncover the complexities of Vanderbilt's long career. Vanderbilt's life, I found, contributed to the central conundrums of a corporate economy in a democratic society.

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About Steve Fraser

Steve Fraser is a visiting professor at New York University, co-founder of the American Empire Project, and the author, most recently, of Wall Street: America's Dream Palace. He is is working on a book about America's two Gilded Ages. more...
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