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Steam City - Railroads, Urban Space, and Corporate Capitalism in Nineteenth-Century Baltimore (Hardcover)
Loot Price: R1,545
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Steam City - Railroads, Urban Space, and Corporate Capitalism in Nineteenth-Century Baltimore (Hardcover)
Series: Historical Studies of Urban America
Expected to ship within 12 - 17 working days
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Anyone interested in the rise of American corporate capitalism
should look to the streets of Baltimore. There, in 1827, citizens
launched a bold new venture: a "rail-road" that would link their
city with the fertile Ohio River Valley. They dubbed this company
the Baltimore & Ohio Railroad (B&O), and they conceived of
it as a public undertaking-an urban improvement, albeit one that
would stretch hundreds of miles beyond the city limits. Steam City
tells the story of corporate capitalism starting from the street
and moving outward, looking at how the rise of the railroad altered
the fabric of everyday life in the United States. The B&O's
founders believed that their new line would remap American economic
geography, but no one imagined that the railroad would also
dramatically reshape the spaces of its terminal city. As railroad
executives wrangled with city officials over their use of urban
space, they formulated new ideas about the boundaries between
public good and private profit. Ultimately, they reinvented the
B&O as a private enterprise, unmoored to its home city. This
bold reconception had implications not only for the people of
Baltimore, but for the railroad industry as a whole. As David
Schley shows here, privatizing the B&O helped set the stage for
the rise of the corporation as a major force in the post-Civil War
economy. Steam City examines how the birth and spread of the
American railroad-which brought rapid communications, fossil fuels,
and new modes of corporate organization to the city-changed how
people worked, where they lived, even how they crossed the street.
As Schley makes clear, we still live with the consequences of this
spatial and economic order today.
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