The Commercial Republic
By DAVID BROOKS
NYT
Over the centuries, the United States has been most conspicuous for one trait: manic energy. Americans work longer hours than any other people. We switch jobs more frequently, move more often, earn more and consume more.
This energy was first aroused by abundance, by the tantalizing sense that dazzling wealth was available just over the next hill. But it has also been sustained by a popular culture that celebrates commercial ambition. From Benjamin Franklin and Alexander Hamilton, through Horatio Alger and Norman Vincent Peale, up until Donald Trump and Jim Cramer, popular figures have always emerged to champion the American gospel of success, encouraging middle-class people to strive, risk and make money.
This gospel gets dented during each of the nation’s financial crises, but it always returns with a vengeance. The late 19th century was a time of economic turmoil. Yet it was also a time when this commercial creed was preached most fervently. Andrew Carnegie published “The Gospel of Wealth.” Elbert Hubbard published “A Message to Garcia,” which celebrated industriousness and ambition and sold nearly 40 million copies. The Baptist minister Russell Conwell traveled the country delivering his “Acres of Diamonds” sermon to rapturous audiences more than 6,000 times.
“I say that the opportunity to get rich, to attain unto great wealth, is here now within the reach of almost every man and woman who hears me speak tonight!” Conwell thundered to his audiences. “I say that you ought to get rich, and it is your duty to get rich ... Money is power, and you ought to be reasonably ambitious to have it. You ought, because you can do more good with it than you could without it.”
(More here.)
NYT
Over the centuries, the United States has been most conspicuous for one trait: manic energy. Americans work longer hours than any other people. We switch jobs more frequently, move more often, earn more and consume more.
This energy was first aroused by abundance, by the tantalizing sense that dazzling wealth was available just over the next hill. But it has also been sustained by a popular culture that celebrates commercial ambition. From Benjamin Franklin and Alexander Hamilton, through Horatio Alger and Norman Vincent Peale, up until Donald Trump and Jim Cramer, popular figures have always emerged to champion the American gospel of success, encouraging middle-class people to strive, risk and make money.
This gospel gets dented during each of the nation’s financial crises, but it always returns with a vengeance. The late 19th century was a time of economic turmoil. Yet it was also a time when this commercial creed was preached most fervently. Andrew Carnegie published “The Gospel of Wealth.” Elbert Hubbard published “A Message to Garcia,” which celebrated industriousness and ambition and sold nearly 40 million copies. The Baptist minister Russell Conwell traveled the country delivering his “Acres of Diamonds” sermon to rapturous audiences more than 6,000 times.
“I say that the opportunity to get rich, to attain unto great wealth, is here now within the reach of almost every man and woman who hears me speak tonight!” Conwell thundered to his audiences. “I say that you ought to get rich, and it is your duty to get rich ... Money is power, and you ought to be reasonably ambitious to have it. You ought, because you can do more good with it than you could without it.”
(More here.)
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