LEADER 04014nam 2200613Ia 450 001 9910457316103321 005 20200520144314.0 010 $a0-674-06121-7 024 7 $a10.4159/harvard.9780674061217 035 $a(CKB)2550000000051115 035 $a(OCoLC)758478380 035 $a(CaPaEBR)ebrary10491782 035 $a(SSID)ssj0000542588 035 $a(PQKBManifestationID)11357097 035 $a(PQKBTitleCode)TC0000542588 035 $a(PQKBWorkID)10511403 035 $a(PQKB)10202953 035 $a(MiAaPQ)EBC3300959 035 $a(DE-B1597)178249 035 $a(OCoLC)840443983 035 $a(DE-B1597)9780674061217 035 $a(Au-PeEL)EBL3300959 035 $a(CaPaEBR)ebr10491782 035 $a(EXLCZ)992550000000051115 100 $a20101124d2011 uy 0 101 0 $aeng 135 $aurcn||||||||| 181 $ctxt 182 $cc 183 $acr 200 10$aWhen Wall Street met Main Street$b[electronic resource] $ethe quest for an investors' democracy /$fJulia C. Ott 210 $aCambridge, Mass. $cHarvard University Press$d2011 215 $a1 online resource (348 p.) 300 $aBibliographic Level Mode of Issuance: Monograph 311 $a0-674-05065-7 320 $aIncludes bibliographical references and index. 327 $t Frontmatter -- $tContents -- $tIntroduction: The Quest for an Investors' Democracy -- $tChapter One. The Problem with Financial Securities -- $tChapter Two. The "Free and Open Market" Responds -- $tChapter Three. "Be a Stockholder in Victory!" -- $tChapter Four. Mobilizing the Financial Nation -- $tChapter five. The Postwar Struggle for the Financial Nation -- $tChapter Six. Swords into Shares -- $tChapter Seven. The Corporate Quest for Shareholder Democracy -- $tChapter Eight. Finance Joins in the Quest for Shareholder Democracy -- $tChapter Nine. "The People's Market" -- $tEpilogue: The Enduring Quest -- $tAbbreviations -- $tNotes -- $tAcknowledgments -- $tIndex 330 $aThe financial crisis that began in 2008 has made Americans keenly aware of the enormous impact Wall Street has on the economic well-being of the nation and its citizenry. How did financial markets and institutions-commonly perceived as marginal and elitist at the beginning of the twentieth century-come to be seen as the bedrock of American capitalism? How did stock investment-once considered disreputable and dangerous-first become a mass practice?Julia Ott tells the story of how, between the rise of giant industrial corporations and the Crash of 1929, the federal government, corporations, and financial institutions campaigned to universalize investment, with the goal of providing individual investors with a stake in the economy and the nation. As these distributors of stocks and bonds established a broad, national market for financial securities, they debated the distribution of economic power, the proper role of government, and the meaning of citizenship under modern capitalism.By 1929, the incidence of stock ownership had risen to engulf one quarter of American households in the looming financial disaster. Accordingly, the federal government assumed responsibility for protecting citizen-investors by regulating the financial securities markets. By recovering the forgotten history of this initial phase of mass investment and the issues surrounding it, Ott enriches and enlightens contemporary debates over economic reform. 606 $aSecurities industry$zUnited States$xHistory 606 $aSecurities$zUnited States$xHistory 607 $aWall Street (New York, N.Y.)$xHistory 608 $aElectronic books. 615 0$aSecurities industry$xHistory. 615 0$aSecurities$xHistory. 676 $a332.64/273 686 $aQK 600$2rvk 700 $aOtt$b Julia C.$f1974-$01039314 801 0$bMiAaPQ 801 1$bMiAaPQ 801 2$bMiAaPQ 906 $aBOOK 912 $a9910457316103321 996 $aWhen Wall Street met Main Street$92461449 997 $aUNINA