Beacon Press

Beacon Press is an independent publisher of serious non-fiction and fiction. Our books often change the way readers think about fundamental issues; they promote such values as freedom of speech and thought; diversity, religious pluralism, and anti-racism; and respect for diversity in all areas of life. Visit our website at
Posts We Like
Who We Follow
Posts tagged "wall street"

This Day in History

October 29, 1929: Stock Market Crashes

On this day in 1929, the New York Stock Exchange market collapsed and signaled the onset of the Great Depression (1929-39). Stock prices began to plummet in early September, triggering panic on Wall Street, after a steady decline since the market’s peak in August. 

By 1932, it was reported that stocks were only worth about 20 percent of their value compared to the summer of 1929.

To learn more, watch American Experience’s “The Crash of 1929” chronicle the country’s fate during the Great Depression era.

Photo: Crowd gathering on Wall Street after the stock market crash of October 1929 (Wikimedia Commons).

’The black prophetic tradition has been emptied out. Its leaders have either been murdered or incarcerated. … A lot of political prisoners who represent the black prophetic tradition [are] in jail. They have been in there for decades. Or we have leaders who have completely sold out. They have been co-opted. And these are the three major developments. With sold-out leaders you get a pacified followership or people who are scared.’

An unprecedented land grab is taking place around the world. Fearing future food shortages or eager to profit from them, the world’s wealthiest and most acquisitive countries, corporations, and individuals have been buying and leasing vast tracts of land around the world. Click the locations below to see who the players are in the global land grab. (From: The Land Grabbers: The New Fight over Who Owns the Earth by Fred Pearce)

View Who are the Land Grabbers? in a larger map

Out this Tuesday, May 29, Fred Pearce’s The Land Grabbers looks at the unprecedented land grab is taking place around the world. Wall Street, Chinese billionaires, oil sheikhs, agribusiness, and more are buying up huge tracts of land all over the world. See some of these purchases in this flier.