front cover of Drift and Mastery
Drift and Mastery
An Attempt to Diagnose the Current Unrest
Walter Lippmann, Introduction and notes by William E. Leuchtenburg, Foreword by Ganesh Sitaraman
University of Wisconsin Press, 2015
In 1914, a brilliant young political journalist published a book arguing that the United States had entered a period of “drift”—a lack of control over rapidly changing forces in society. He highlighted the tensions between expansion and consolidation, traditionalism and progressivism, and emotion and rationality. He wrote to convince readers that they could balance these tensions: they could be organized, efficient, and functional without sacrificing impulse, choice, or liberty. Mastery over drift is attainable, Walter Lippmann argued, through diligent attention to facts and making active choices. Democracy, Lippman wrote, is “a use of freedom, an embrace of opportunity.”
            Lippman’s Drift and Mastery became one of the most important and influential documents of the Progressive Movement. It remains a valuable text for understanding the political thought of early twentieth-century America and a lucid exploration of timeless themes in American government and politics. Distinguished historian Walter Leuchtenberg’s 1986 introduction and notes are retained in this edition.
            Ganesh Sitaraman, who has provided a foreword for this centennial edition, suggests that Lippmann’s classic still has much to say to twenty-first-century progressives. The underlying solutions for our time, he believes, are similar to those of Lippman’s era. Sitaraman contends that American society can regain mastery over drift by reforming finance and reducing inequality, by rethinking the relationship between corporations and workers, and by embracing changes in social life.
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front cover of The Perils of Prosperity, 1914-1932
The Perils of Prosperity, 1914-1932
William E. Leuchtenburg
University of Chicago Press, 1993
Beginning with Woodrow Wilson and U.S. entry into World War I and closing with the Great Depression, The Perils of Prosperity traces the transformation of America from an agrarian, moralistic, isolationist nation into a liberal, industrialized power involved in foreign affairs in spite of itself.

William E. Leuchtenburg's lively yet balanced account of this hotly debated era in American history has been a standard text for many years. This substantial revision gives greater weight to the roles of women and minorities in the great changes of the era and adds new insights into literature, the arts, and technology in daily life. He has also updated the lists of important dates and resources for further reading.

“This book gives us a rare opportunity to enjoy the matured interpretation of an American Historian who has returned to the story and seen how recent decades have added meaning and vividness to this epoch of our history.”—Daniel J. Boorstin, from the Preface
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