Labor, Industry, and Regulation during the Progressive Era

Daniel E Saros author

Format:Paperback

Publisher:Taylor & Francis Ltd

Published:23rd Feb '12

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Labor, Industry, and Regulation during the Progressive Era cover

The Progressive Era was among the most volatile times for the economy and labor in American History. Daniel E. Saros explores the institutional and economic conditions of this time, revealing new insight into the regulated nature of industry and the conditions of labor. Using the steel industry as a case study, Saros demonstrates how the United States Steel Corporation enhanced the performance of the steel industry by initiating a price and wage stabilization program. In an effort to combat potential threats from the federal government, the American public, and organized labor to the market stabilization program and mechanization drive, the steel companies introduced a paternalistic welfare program, company unions, and limited hours reform. Saros also contrasts this time with free market periods, examining the impacts on rates of profit, output growth, and capital accumulation.

ISBN: 9780415541602

Dimensions: unknown

Weight: 370g

198 pages