Panic!: markets, crises, & crowds in American fiction
During the economic depression of the 1890s and the speculative frenzy of the following decade, Wall Street, high finance, and market crises assumed unprecedented visibility in the United States. Fiction writers published scores of novels that explored this new cultural phenomenon. In Panic, David A. Zimmerman studies how American novelists and their readers imagined--and in one case, incited--market crashes and financial panics.Panic examines how Americans' understandings of and attitudes toward securities markets, popular investment, and financial catastrophe were entangled with their conceptions of gender, class, crowds, and history. Blending literary, historical, and cultural analysis, Zimmerman investigates how writers turned to fledgling research in mob psychology, psychic investigations, and conspiracy discourse to understand how mass acts of reading and popular participation in the corporate transformation of the American economy could trigger financial disaster and cultural chaos. In addition, Zimmerman shows how writers, by experimenting with sensationalism, sympathy, the sublime, melodrama, and naturalism, explored the limits of fiction's aesthetic, economic, and ethical capacities in their portrayals of markets in crisis. With readings of canonical as well as lesser-known novelists, Zimmerman provides an original and wide-ranging analysis of the relation between fiction and financial modernity.
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Panic and the Petroleuse
Thomas Lawsons Frenzied Fictions
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American anarchist bankers banks Black Friday Bob's capital capitalist catastrophe causal century Chicago Chicago Fire conspiracy conspirators contagion corporate Cowperwood crises critics crowd psychology cultural David Graham Phillips debt economic crisis Edwin Lefevre effects Elinor emotions exposes financial markets financial panic financier's focuses force forms Frank Norris Frenzied Finance gold Gould hand hypnotic hysteria hysterical ideological imagination implication individuals industrial insiders investors Isham Jadwin's labor Lawson linked literary Lucy machine manipulation market crowds marriage melodrama mesmeric mind modern Moneychangers Montague Montague's moral accountability muckraking narrative nation nature nomic Norris Norris's organ panic novel panic novelists Paris Commune political Populist Press produced psychic Psychology railroad readers reading reform revolution revolutionary ruin sensational sentimental Sinclair social socialists speculators stock market story sublime sympathy System Theodore Dreiser threat tion titan trust turn Upton Sinclair Wall Street Waterman wheat York