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Everybody Ought to Be Rich – The Life and Times of John J. Raskob, Capitalist - Oxford Scholarship Online
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Everybody Ought to Be Rich: The Life and Times of John J. Raskob, Capitalist

David Farber

Abstract

John Raskob is not a name that looms large but his greatest building casts a shadow on the people of New York every day. Financier of the Empire State Building, Raskob was a self-made businessman who worked for DuPont and for GM and famously invented with the idea for consumer credit, which he first offered to individual car buyers (GMAC). A friend of New York Governor Al Smith, Raskob became active in New York politics and ran the Democratic National Committee and Smith's campaign for the presidency. He invested his own fortune heavily in the Empire State Building, built at the height of the ... More

Keywords: John Raskob, Empire State Building, DuPont, GM, consumer credit, Al Smith, New York, Great Depression

Bibliographic Information

Print publication date: 2013 Print ISBN-13: 9780199734573
Published to Oxford Scholarship Online: March 2015 DOI:10.1093/acprof:osobl/9780199734573.001.0001

Authors

Affiliations are at time of print publication.

David Farber, author
Temple University, Philadelphia, Professor of History