"The Age of Big Business: A Chronicle of the Captains of Industry" by Burton J. Hendrick is a historical narrative that investigates the swift economic changes in the United States following the Civil War. It primarily examines the growth of large industries and the impactful leaders, known as "captains of industry," who were instrumental in forming modern capitalism. The book begins by describing America in 1865, highlighting the absence of many modern conveniences and large industrial systems like extensive railroads and electric lighting. It illustrates an economy largely made up of smaller businesses operating competitively, a stark contrast to the monopolistic trusts that would later dominate American industry. The story highlights the dramatic changes that unfolded over the next half-century, putting emphasis on America's abundant natural resources and the entrepreneurial drive that helped establish influential corporations.
The Age of Big Business: A Chronicle of the Captains of Industry
By Burton Jesse Hendrick
Witness how a post-Civil War America, defined by small businesses and limited technology, transformed into a nation dominated by powerful industries and the ambitious figures who built them.
Summary
About the AuthorBurton Jesse Hendrick, born in New Haven, Connecticut, was an American author. While attending Yale University, Hendrick was editor of both The Yale Courant and The Yale Literary Magazine. He received his BA in 1895 and his master's in 1897 from Yale. After completing his degree work, Hendrick became editor of the New Haven Morning News. In 1905, after writing for The New York Evening Post and The New York Sun, Hendrick left newspapers and became a "muckraker" writing for McClure's Magazine. His "The Story of Life-Insurance" exposé appeared in McClure's in 1906. Following his career at McClure's, Hendrick went to work in 1913 at Walter Hines Page's World's Work magazine as an associate editor. In 1919, Hendrick began writing biographies, when he was the ghostwriter of Ambassador Morgenthau's Story for Henry Morgenthau, Sr.
Burton Jesse Hendrick, born in New Haven, Connecticut, was an American author. While attending Yale University, Hendrick was editor of both The Yale Courant and The Yale Literary Magazine. He received his BA in 1895 and his master's in 1897 from Yale. After completing his degree work, Hendrick became editor of the New Haven Morning News. In 1905, after writing for The New York Evening Post and The New York Sun, Hendrick left newspapers and became a "muckraker" writing for McClure's Magazine. His "The Story of Life-Insurance" exposé appeared in McClure's in 1906. Following his career at McClure's, Hendrick went to work in 1913 at Walter Hines Page's World's Work magazine as an associate editor. In 1919, Hendrick began writing biographies, when he was the ghostwriter of Ambassador Morgenthau's Story for Henry Morgenthau, Sr.
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