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Eli and the Octopus
The CEO Who Tried to Reform One of the World’s Most Notorious Corporations
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Matt Garcia
Language:
English
Published/Copyright:
2023
About this book
Eli Black was the immigrant rabbi-turned-CEO who transformed the notoriously corrupt United Fruit into a model of ethical business. Then he died by suicide. How did it all go wrong? Matt Garcia traces Black’s own descent into corruption and despair—the unraveling, and the deliberate forgetting, of one of America’s most enigmatic business leaders.
Reviews
An engaging chronicle of an idealistic but flawed businessman as well as a dissection of the postwar merger craze with no small relevance to today.
-- Roger Lowenstein Wall Street Journal
-- Roger Lowenstein Wall Street Journal
Using the genre of biography, Garcia shows how the combination of a particular religious upbringing, the wider geopolitical context, and the realities of the business world made it impossible for Black to fulfill his ambitions.
-- Marcelo Bucheli American Historical Review
-- Marcelo Bucheli American Historical Review
Eli and the Octopus focuses on one individual to tell a story that is emblematic of an era. In this story, readers learn about Eli Black, but we learn more about migration, divisions within American Judaism, meatpacking, lettuce transportation, unions, sunglasses production, and mergers and conglomerates.
-- Courtney J. Campbell History Today
-- Courtney J. Campbell History Today
Garcia’s portrayal of Black is sympathetic and somewhat rueful, finding pathos in the disconnect between Garcia’s ‘good intentions’ and the inevitability that the ‘imperatives of turning a profit and serving investors’ would outweigh ‘any virtuous impulse.’ The result is a plaintive study of the challenges of trying to change a system from within.
-- Publishers Weekly
-- Publishers Weekly
Eli and the Octopus is a deeply informed study of one of the most enigmatic figures to arise in the Mad Men era of merger mania and conglomerate-building. Beyond its inherent tragedy, this story adds richly to our understanding of how corporate America became what it is today.
-- Diana B. Henriques, author of The Wizard of Lies: Bernie Madoff and the Death of Trust
-- Diana B. Henriques, author of The Wizard of Lies: Bernie Madoff and the Death of Trust
Piecing together the Shakespearean saga of rabbi-turned-business tycoon Eli Black, Matt Garcia offers a compelling, cautionary tale on the limits of corporate social responsibility. The unvarnished—but not unsympathetic—portrait is a history with great current relevance.
-- Miriam Pawel, author of The Crusades of Cesar Chavez: A Biography
-- Miriam Pawel, author of The Crusades of Cesar Chavez: A Biography
A gripping story worth telling. In this deeply researched book, Garcia weaves together American Jewish history, American business history, and American labor history, all through the many lives of a remarkable and ultimately tragic individual.
-- Hasia R. Diner, author of Julius Rosenwald: Repairing the World
-- Hasia R. Diner, author of Julius Rosenwald: Repairing the World
A marvelous book that embodies the inherent tension between our religious and ethical senses and the compromised and corrupt business of our daily lives. Eli Black's rise and fall is but an exaggerated illumination of the human condition.
-- Nelson Lichtenstein, author of State of the Union: A Century of American Labor
-- Nelson Lichtenstein, author of State of the Union: A Century of American Labor
In this riveting tale of United Fruit's Eli Black, Garcia walks right into the center of business history, adds union power into the mix, and shows the impossibility of pursuing both corporate profits and social responsibility. Black wanted to believe that his private machinations were for the public good, in keeping with his Jewish faith. But meatpacking workers in the Midwest, the United Farm Workers in California, and banana workers in Honduras—all of which Garcia links in a seamless narrative—paid the price for Black's market-driven policies. Eli and the Octopus is a powerful and cautionary tale of the true nature of corporate strategy, however well-meaning the outrageously wealthy who pursue it.
-- Dana Frank, author of The Long Honduran Night
-- Dana Frank, author of The Long Honduran Night
A revelatory exploration of Eli Black and his struggle to remake modern business into a vehicle for positive social change. In a moment of growing inequality and corporate power, Eli and the Octopus could not be more timely or more important.
-- Karl Jacoby, author of The Strange Career of William Ellis: The Texas Slave Who Became a Mexican Millionaire
-- Karl Jacoby, author of The Strange Career of William Ellis: The Texas Slave Who Became a Mexican Millionaire
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Publishing information
Pages and Images/Illustrations in book
eBook published on:
April 18, 2023
eBook ISBN:
9780674292932
Pages and Images/Illustrations in book
Main content:
240
eBook ISBN:
9780674292932
Keywords for this book
Honduras; Jewish; food; farm workers; Inter Harvest; Oscar Gale Varela; Morrell Meat Company; unions; Ottumwa plant; Sioux Falls; Salinas; Baskin Robbins; Foster Grant; A& W; bananas; lettuce; AMK; Nunes; Joseph Lookstein; Samuel Belkin; Teamsters