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Labor, Industry, and Regulation during the Progressive Era (Paperback)
Loot Price: R648
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Labor, Industry, and Regulation during the Progressive Era (Paperback)
Series: New Political Economy
Expected to ship within 12 - 17 working days
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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.
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