An examination of how the A&P food stores dominated American retailing decades before Wal-Mart.
Levinson (The Box: How the Shipping Container Made the World Smaller and the World Economy Bigger, 2006, etc.) delves into the origin and growth of the Great Atlantic & Pacific Tea Company, known informally at "the A&P." It began as a little tea shop in New York City in the mid 1860s, the brainchild of businessmen George Gilman and George Huntington Hartford. But as the shop grew into several and then many, with far more diverse merchandise than tea, the Hartford family became identified as the scions of the A&P, eclipsing the Gilman name and accumulating massive personal wealth. Throughout the narrative, Levinson demonstrates how innovative retailing strategies and price-cutting to force out mom-and-pop competitors hurt local economies while simultaneously making food more convenient and affordable to purchase for individual consumers. The end result, the supermarket, counted as the fourth retailing revolution through which the Hartfords guided the A&P. In the 1890s, they had altered a tea company into a grocery-store chain. In the second stage, just before World War I, they changed the grocery business from a haphazard enterprise of uncertain profitability into a large-scale operation with costs and prices carefully monitored. The third stage began in 1925, as they instituted the concept of vertical integration to benefit from economies of scale and raise profit margins by increasing sales volume. Mom-and-pop businesses, championed by Texas Congressman Wright Patman, fought the increasing domination of the A&P, and President Roosevelt's antitrust lawyers also sought to diminish the giant retailer's oligopoly. But it was not until the deaths of the Hartford brothers that the A&P began a decline that Levinson considers surprisingly precipitous. The decade of the 1960s sealed the company's unhappy fate, as other supermarket chains, plus Wal-Mart, became ascendant. A well-conceived, lively history with obvious contemporary relevance.
Pub Date: Sept. 6, 2011
ISBN: 978-0-8090-9543-8
Page Count: 384
Publisher: Hill and Wang/Farrar, Straus and Giroux
Review Posted Online: July 5, 2011
Kirkus Reviews Issue: July 15, 2011
BOOK REVIEW
BOOK REVIEW
The value of this book is the context it provides, in a style aimed at a concerned citizenry rather than fellow academics,...
A provocative analysis of the parallels between Donald Trump’s ascent and the fall of other democracies.
Following the last presidential election, Levitsky (Transforming Labor-Based Parties in Latin America, 2003, etc.) and Ziblatt (Conservative Parties and the Birth of Democracy, 2017, etc.), both professors of government at Harvard, wrote an op-ed column titled, “Is Donald Trump a Threat to Democracy?” The answer here is a resounding yes, though, as in that column, the authors underscore their belief that the crisis extends well beyond the power won by an outsider whom they consider a demagogue and a liar. “Donald Trump may have accelerated the process, but he didn’t cause it,” they write of the politics-as-warfare mentality. “The weakening of our democratic norms is rooted in extreme partisan polarization—one that extends beyond policy differences into an existential conflict over race and culture.” The authors fault the Republican establishment for failing to stand up to Trump, even if that meant electing his opponent, and they seem almost wistfully nostalgic for the days when power brokers in smoke-filled rooms kept candidacies restricted to a club whose members knew how to play by the rules. Those supporting the candidacy of Bernie Sanders might take as much issue with their prescriptions as Trump followers will. However, the comparisons they draw to how democratic populism paved the way toward tyranny in Peru, Venezuela, Chile, and elsewhere are chilling. Among the warning signs they highlight are the Republican Senate’s refusal to consider Barack Obama’s Supreme Court nominee as well as Trump’s demonization of political opponents, minorities, and the media. As disturbing as they find the dismantling of Democratic safeguards, Levitsky and Ziblatt suggest that “a broad opposition coalition would have important benefits,” though such a coalition would strike some as a move to the center, a return to politics as usual, and even a pragmatic betrayal of principles.
The value of this book is the context it provides, in a style aimed at a concerned citizenry rather than fellow academics, rather than in the consensus it is not likely to build.Pub Date: Jan. 16, 2018
ISBN: 978-1-5247-6293-3
Page Count: 320
Publisher: Crown
Review Posted Online: Nov. 12, 2017
Kirkus Reviews Issue: Dec. 1, 2017
BOOK REVIEW
Not flawless, but one of the best recent analyses of the contemporary woes of American economics and politics.
Remarkably comprehensive and coherent analysis of and prescriptions for America’s contemporary economic malaise by Pulitzer Prize–winning journalist Smith (Rethinking America, 1995, etc.).
“Over the past three decades,” writes the author, “we have become Two Americas.” We have arrived at a new Gilded Age, where “gross inequality of income and wealth” have become endemic. Such inequality is not simply the result of “impersonal and irresistible market forces,” but of quite deliberate corporate strategies and the public policies that enabled them. Smith sets out on a mission to trace the history of these strategies and policies, which transformed America from a roughly fair society to its current status as a plutocracy. He leaves few stones unturned. CEO culture has moved since the 1970s from a concern for the general well-being of society, including employees, to the single-minded pursuit of personal enrichment and short-term increases in stock prices. During much of the ’70s, CEO pay was roughly 40 times a worker’s pay; today that number is 367. Whether it be through outsourcing and factory closings, corporate reneging on once-promised contributions to employee health and retirement funds, the deregulation of Wall Street and the financial markets, a tax code which favors overwhelmingly the interests of corporate heads and the superrich—all of which Smith examines in fascinating detail—the American middle class has been left floundering. For its part, government has simply become an enabler and partner of the rich, as the rich have turned wealth into political influence and rigid conservative opposition has created the politics of gridlock. What, then, is to be done? Here, Smith’s brilliant analyses turn tepid, as he advocates for “a peaceful political revolution at the grassroots” to realign the priorities of government and the economy but offers only the vaguest of clues as to how this might occur.
Not flawless, but one of the best recent analyses of the contemporary woes of American economics and politics.Pub Date: Sept. 11, 2012
ISBN: 978-1-4000-6966-8
Page Count: 576
Publisher: Random House
Review Posted Online: July 16, 2012
Kirkus Reviews Issue: Aug. 1, 2012
BOOK REVIEW
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