12-08-2019, 05:15 PM
Lundberg – America’s sixty families
In 1937, a book by Ferdinand Lundberg was published detailing an oligarchy of 60 wealthy families that control the United States of America.
The "60 families" named by Lundberg include the Rockefeller, Morgan, Ford, Vanderbilt, Mellon, Guggenheim, Harkness, Whitney, Du Pont, Astor, Paynes, and Stillman families.
Many wealthy Americans were not on Lundberg’s list because their wealth was not in the form of family or dynastic assets, like Harvey Firestone, Frederick H. Prince, and Samuel Zemurray.
At least 36 large nonbanking corporations with assets totalling about $22 billion have a direct connection to John D. Rockefeller’s interests.
The Mellon group dominates about 35 banks and insurance companies and some 40 non-financial corporations with a total of $4.25 billion in assets.
The Mellon group is directly or indirectly represented in corporations with about $13 billion in assets.
The 10 largest foundations, according to a Twentieth Century Fund study in 1934:
1. Carnegie Corporation of N.Y.
2. Rockefeller Foundation
3. General Education Board (Rockefeller)
4. Commonwealth Fund (Harkness)
5. W.K. Kellogg Foundation (Kellogg cereals)
6. Carnegie Institution of Washington
7. Carnegie Foundation for the Advancement of Teaching
8. Russell Sage Foundation
9. Buhl Foundation (Henry Buhl, Jr.)
10. Carnegie Endowment for International Peace
Louis D. Brandeis concluded that the wealth of the elite is understated because they also control “other people’s money”.
This makes their recklessness unpunished, as great losses were paid for by citizens with an average income.
The elite control education, by financing schools and universities.
Besides the rich and corrupt, at least 75% of Americans own nothing except clothing and a few chattels.
Ferdinand Lundberg – America’s sixty families (1937): https://archive.org/details/LundbergFerd...an/page/n4
Thirty years later, Lundberg came with a new book on the same topic.
The United States can be looked upon as a single party Republic, divided in 2 subdivisions: the Republican Party (dubbed "Conservative") and the Democratic Party (dubbed "Liberal").
The 3 richest, most influential families, in 1968, are:
1 - Du Pont worth $7.6 billion
2 - Mellon worth $4.8 billion
3 - Rockefeller worth $4.7 billion (only third?)
The Ford family is the 4th most influential, rich oligarchic family in the USA.
J. Paul Getty is thought of to be in the same class, with $1.2 billion.
Other leading family names that dominate the 200 largest nonfinancial companies: Adler, Astor, Cabot, Clapp, Doris Duke Cromwell, Cunningham, Doherty, Drexel, Fleischmann, Forstmann, Goelet, Goldman, Guggenheim, Hanna, Hearst, Hillman, Hutton, Jones, Laughlin (Jones and Laughlin Steel), Lynch, McClintic, Miller, Milbank, Palmer, Payson, Penney, Pillsbury, Rosenwald, Schott, Skaggs, Vanderbilt, Watkins, Whitney, Widener and Winthrop.
In 1953, 32% of the private assets were held by the richest 1.6% of the adult population of 103 million.
According to Lundberg, the American tax system favours the wealthy over the poor, amongst others because of sales taxes and tax-exempt foundations
Ferdinand Lundberg – The Rich and the Super-Rich (1968): http://docshare02.docshare.tips/files/12...670846.pdf
In 1937, a book by Ferdinand Lundberg was published detailing an oligarchy of 60 wealthy families that control the United States of America.
The "60 families" named by Lundberg include the Rockefeller, Morgan, Ford, Vanderbilt, Mellon, Guggenheim, Harkness, Whitney, Du Pont, Astor, Paynes, and Stillman families.
Many wealthy Americans were not on Lundberg’s list because their wealth was not in the form of family or dynastic assets, like Harvey Firestone, Frederick H. Prince, and Samuel Zemurray.
At least 36 large nonbanking corporations with assets totalling about $22 billion have a direct connection to John D. Rockefeller’s interests.
The Mellon group dominates about 35 banks and insurance companies and some 40 non-financial corporations with a total of $4.25 billion in assets.
The Mellon group is directly or indirectly represented in corporations with about $13 billion in assets.
The 10 largest foundations, according to a Twentieth Century Fund study in 1934:
1. Carnegie Corporation of N.Y.
2. Rockefeller Foundation
3. General Education Board (Rockefeller)
4. Commonwealth Fund (Harkness)
5. W.K. Kellogg Foundation (Kellogg cereals)
6. Carnegie Institution of Washington
7. Carnegie Foundation for the Advancement of Teaching
8. Russell Sage Foundation
9. Buhl Foundation (Henry Buhl, Jr.)
10. Carnegie Endowment for International Peace
Louis D. Brandeis concluded that the wealth of the elite is understated because they also control “other people’s money”.
This makes their recklessness unpunished, as great losses were paid for by citizens with an average income.
The elite control education, by financing schools and universities.
Besides the rich and corrupt, at least 75% of Americans own nothing except clothing and a few chattels.
Ferdinand Lundberg – America’s sixty families (1937): https://archive.org/details/LundbergFerd...an/page/n4
Thirty years later, Lundberg came with a new book on the same topic.
The United States can be looked upon as a single party Republic, divided in 2 subdivisions: the Republican Party (dubbed "Conservative") and the Democratic Party (dubbed "Liberal").
The 3 richest, most influential families, in 1968, are:
1 - Du Pont worth $7.6 billion
2 - Mellon worth $4.8 billion
3 - Rockefeller worth $4.7 billion (only third?)
The Ford family is the 4th most influential, rich oligarchic family in the USA.
J. Paul Getty is thought of to be in the same class, with $1.2 billion.
Other leading family names that dominate the 200 largest nonfinancial companies: Adler, Astor, Cabot, Clapp, Doris Duke Cromwell, Cunningham, Doherty, Drexel, Fleischmann, Forstmann, Goelet, Goldman, Guggenheim, Hanna, Hearst, Hillman, Hutton, Jones, Laughlin (Jones and Laughlin Steel), Lynch, McClintic, Miller, Milbank, Palmer, Payson, Penney, Pillsbury, Rosenwald, Schott, Skaggs, Vanderbilt, Watkins, Whitney, Widener and Winthrop.
In 1953, 32% of the private assets were held by the richest 1.6% of the adult population of 103 million.
According to Lundberg, the American tax system favours the wealthy over the poor, amongst others because of sales taxes and tax-exempt foundations
Ferdinand Lundberg – The Rich and the Super-Rich (1968): http://docshare02.docshare.tips/files/12...670846.pdf
The Order of the Garter rules the world: https://www.lawfulpath.com/forum/viewtop...5549#p5549