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Glass House: The 1% Economy And The Shattering Of The All-American Town
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In 1947, Forbes magazine declared Lancaster, Ohio the epitome of the all-American town. Today it is damaged, discouraged, and fighting for its future. In Glass House, journalist Brian Alexander uses the story of one town to show how seeds sown 35 years ago have sprouted to give us Trumpism, inequality, and an eroding national cohesion.The Anchor Hocking Glass Company, once the world’s largest maker of glass tableware, was the base on which Lancaster’s society was built. As Glass House unfolds, bankruptcy looms. With access to the company and its leaders, and Lancaster’s citizens, Alexander shows how financial engineering took hold in the 1980s, accelerated in the 21st Century, and wrecked the company. We follow CEO Sam Solomon as he tries to rescue the company from the New York private equity firm that hired him. Meanwhile, Alexander goes behind the scenes, entwined with the lives of residents as they wrestle with heroin, politics, high-interest lenders, low wage jobs, technology, and the new demands of American life: people like Brian Gossett, the fourth generation to work at Anchor Hocking; Joe Piccolo, first-time director of the annual music festival who discovers the town relies on him, and it, for salvation; Jason Roach, who police believed may have been Lancaster’s biggest drug dealer; and Eric Brown, a local football hero-turned-cop who comes to realize that he can never arrest Lancaster’s real problems.

Hardcover: 336 pages

Publisher: St. Martin's Press (February 14, 2017)

Language: English

ISBN-10: 1250085802

ISBN-13: 978-1250085801

Shipping Weight: 1.7 pounds (View shipping rates and policies)

Best Sellers Rank: #1,570,531 in Books (See Top 100 in Books) #500 in Books > Business & Money > Industries > Manufacturing #536 in Books > Business & Money > Industries > Industrial Relations #2599 in Books > Politics & Social Sciences > Politics & Government > Public Affairs & Policy > Economic Policy

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