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Thursday, December 26, 2019

The Best Book of 2019 – Kochland | tultican

The Best Book of 2019 – Kochland | tultican

The Best Book of 2019 – Kochland


By Thomas Ultican 12/26/2019
This may be the finest book thus far in the twenty-first century. Kochland; The Secret History of Koch Industries and Corporate Power in America is the second book by former agribusiness reporter for the Associated Press, Christopher Leonard. His first book, The Meat Racket; The Secret Takeover of America’s Food Business received rave reviews; however, Kochland is uniquely special. It is an economic history of America since 1967 that shows the deep changes in our economy that have given rise to a new kind of capitalism. Kochland is told through the lens of Koch Industries whose “annual revenue is larger than that of Facebook, Goldman Sachs, and US Steel combined.”
Leonard weaves an epic tale of brilliance, philosophical intransigence, greed and ruthlessness. Over almost 600 pages, this enjoyable read clearly elucidates many of the troubling outcomes from the last 50 years like the rolling blackouts in California and the destruction of the labor movement.
Fred Koch, the family patriarch, graduated in Chemical Engineering from Massachusetts Institute of Technology (MIT) in 1922. In 1927, he won a patent for an improved petroleum refining process. Do to legal issues surrounding his patent, Fred ended up working in Stalin’s Russia between 1929 and 1932. This experience informed his extreme anti-communist views. He later joined with Robert Welch and a group of businessmen to form the virulently anti-communist John Birch Society. In 1960, he published the pamphlet “A Businessman Looks at Communism” in which he claimed that the National Education Association CONTINUE READING: The Best Book of 2019 – Kochland | tultican