Read Glass House: The 1% Economy and the Shattering of the All-American Town Online Free - In 1947, Forbes magazine declared Lancaster, Ohio the epitome of the all-American town. Today it is damaged, discouraged, and fighting for its future. In Glass House, journalist Brian Alexander uses the story of one town to show how seeds sown 35 years ago have sprouted to give us Trumpism, inequality, and an eroding national cohesion.
The Anchor Hocking Glass Company, once the world’s largest maker of glass tableware, was the base on which Lancaster’s society was built. As Glass House unfolds, bankruptcy looms. With access to the company and its leaders, and Lancaster’s citizens, Alexander shows how financial engineering took hold in the 1980s, accelerated in the 21st Century, and wrecked the company. We follow CEO Sam Solomon as he tries to rescue the company from the New York private equity firm that hired him. Meanwhile, Alexander goes behind the scenes, entwined with the lives of residents as they wrestle with heroin, politics, high-interest lenders, low wage jobs, technology, and the new demands of American life: people like Brian Gossett, the fourth generation to work at Anchor Hocking; Joe Piccolo, first-time director of the annual music festival who discovers the town relies on him, and it, for salvation; Jason Roach, who police believed may have been Lancaster’s biggest drug dealer; and Eric Brown, a local football hero-turned-cop who comes to realize that he can never arrest Lancaster’s real problems.
|Title||:||Glass House: The 1% Economy and the Shattering of the All-American Town|
|Number of Pages||:||336 pages|
February 16, 2017
The "Hocking" in Anchor Hocking is the name of the river that I could see from the window in my childhood bedroom, less than an hour south of Lancaster. This book tells a story that is very important to me, personally.
I have millions of thoughts on this book and I will eventually coalesce them i...
February 19, 2017
I grew up in Lancaster. When I was five I lived on Maud Avenue and could see the west side Anchor Hocking plant from my back yard. My grandma lived by Cherry Street Park and you could see the defunct east side plant from her front porch. But by the time I was in high school Anchor Hocking's heyda...
February 28, 2017
The life and death and signs of life of Anchor Hocking Glass Company serves as a platform to tell the story of how greed brought on by Reaganomics and private equity raiders ("Barbarians") stole most of the capital from a company and a thriving Ohio town, capital that took decades to build, but o...
March 04, 2017
"Corporate elites said they needed free-trade agreements, so they got them. Manufacturers said that they needed tax breaks and public-money incentives in order to keep their plants operating in the United States, so they got them. Banks and financiers needed looser regulations, so they got them....
February 27, 2017
Forget Hillbilly Elegy, if you want to understand why Donald Trump is President, why he won in Michigan, Pennsylvania, and Wisconsin, read this book. This is a damning indictment on why America is coming unraveled, and why if we keep on our current trajectory without making some big changes, with...
February 09, 2017
GLASS HOUSE a story that shows the more base side of capitalism, where short-term profits are paramount, and people are just things in the way. The story is not a fun read--it's actually quite sad, and unfortunately, there isn't a cheery ending. Nevertheless, this tale is a story that needs telli...
May 08, 2017
We've all heard the now-familiar story of how the American dream dies. Outsourcing and foreign competition shutter factories, and in the absence of jobs, working- and middle-class laborers turn to heroin and right-wing politics to numb their pain. The story of Lancaster, Ohio initially seems to f...
February 19, 2017
This Book Was: Informative, Heart-Rending, A MUST-Read for 2017 in America. If you read Hillbilly Elegy and/or Strangers In Their Own Land, you NEED to read this.
Content Rating: Rated-R for (quoted) Cursing, Drug Use, Racism, and Depression-Triggers for anyone with a sense of Empathy.
May 21, 2017
If you've ever wondered where the current state of raging income inequality in America came from, this book is a good place to start.
It tells the story of a tight-knit Ohio town profiled by Forbes magazine in 1947. Back then, while there may have been uneasy tension between the owners of the tow...
March 20, 2017
I heard Brian Alexander interviewed on NPR and immediately reserved the book at the library. This read like a horror story of impending doom.
Corporate takeovers occur for many reasons. Sometimes it's to consolidate industry rivals. Other times (most often nowadays) it's to make financiers even r...