There have already been several high-profile reviews of Railroaded (I especially recommend Gary Gerstle's review in Dissent) so I will not discuss the book in detail. I would instead like to inform casual readers about the intensity of Railroaded. The book provides a fresh interpretation of the Gilded Age - and industrial capitalism itself - but is stuffed with details that often render it impenetrable.
Author Richard White's basic premise is that the transcontinental railroads were failures because they lost money, ignored demand, wasted government subsidies, and plundered Native American land. This is not just a book about railroads. The implications are massive. White (correctly) declares that these failures demonstrate that capitalism can be irrational. He challenges key interpretations of the Gilded Age and Progressive Era, especially Wiebe's Search for Order and Chandler's Visible Hand. White does not entirely contradict Wiebe or Chandler; he allows that railroad barons formulated a rational, orderly veneer. Railroaded openly promises to get in the very guts of corporations and expose their hidden corruption.
Those guts can be nasty, or at least unreadable. In just a few dozen pages, readers will become lost among the many entrepreneurs, loans, scandals, and Congressmen. I found myself skimming these passages, catching their general outline but confused by the level of depth with which they were described. Richard White has obviously put in many years of research but much of it could have been synthesized or simply left out.
Railroaded is not all details. Richard White has a literary flair. Literary references abound. (White particularly enjoys comparing corporate executives to Melville's "Confidence Man.") This shouldn't be too surprising, as railroad barons soon captured the public's imagination; Twain's Gilded Age and Frank Norris's Octopus were directly inspired by them. White's literary penchant also comes across in its "mise en scenes," asides that take the perspective of a diarist or memoirist who worked for the railroads.
The personal stories redeem Railroaded. A few anecdotes are shocking or harrowing, such as the embezzler who was caught post-mortem, after stolen dollars had already passed down to his wife and father. A worker and a woman are killed by trains in accidents that haunt their witnesses. White workers trick a crew of African-Americans, lock them into a car, and nearly drive it into Puget Sound. To top it all off is a compelling account of the Pullman Strike.
As engaging as many of the vignettes are, I question their inclusion in Railroaded. The book is simply massive, inviting obvious comparisons to the very octopus it describes. (This reviewer tasted the cheese and fallen right into that mousetrap.) The book may have been more manageable without as many asides and anecdotes, or its discussions of Canadian and Mexican railroads. In fact, this international perspective undermines one of White's key themes: that the intercontinentals helped create a U.S. national identity.
The intercontinental railroads indeed helped forged an American nationalism; Railroaded shows us how dark that national identity could be. Anti-monopolism was subverted by competing railroads, who bought off congressmen. (White cites a government finding that the Central Pacific alone allegedly spent nearly $5 million on bribes in the 1870s.) Labor unions were typically racist. If there is anything close to a hero in Railroaded (and there is not), it is Charles Francis Adams, president of the Union Pacific, a reform-minded railroaded executive who hid his disgust with prevalent business practices. Adams's self-loathing is compellingly documented. In one private letter, he slammed the industry's "vicious practices." "The railroad system," he said, "is wallowing in the mire."
Railroaded concludes with a quote from Adams's funeral eulogy by Henry Cabot Lodge: "business success - money-getting ... comes from a rather low instinct." It is a fitting conclusion.