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Railroads & Reg 1877-1916olon Pprrpredrl (Paperback)
Loot Price: R561
Discovery Miles 5 610
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Railroads & Reg 1877-1916olon Pprrpredrl (Paperback)
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Loot Price R561
Discovery Miles 5 610
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Government regulation of the railroads is probably the most
important example of federal intervention in the economy from the
Civil War to World War I. It is also a key to an assessment of the
impulses and motives behind Progressivism. In Railroads and
Regulation, Gabriel Kolko presents a case study of the
relationship of the economy to the political process in the United
States during the years from 1877 to 1916.
The author discusses the extent to which the railroad industry
encouraged and relied on national political solutions--such as the
creation of the first significant federal regulatory agency, the
Interstate Commerce Commission, in 1887--to its economic problems.
He shows how this reliance created a pattern of interdependence
between economic and political power that set a precedent for
government regulation of the economy in the twentieth century.
Drawing on new material and manuscript sources, Dr. Kolko describes
the roles of the railroad men in the movement for federal
regulation. The attitudes of the railroads toward regulation are
placed in the broader context of the determination of governmental
economic policies--policies frequently formulated in response to
railroad pressure.
Dr. Kolko traces the continuity in governmental regulation between
1877 and 1900 and during the administration of Roosevelt, Taft, and
Wilson, with fresh material of Progressive leaders in the period
from 1910 to 1916. He analyzes the origin of each major federal
railroad act and the contending forces trying to shape the
legislation, and gives an illuminating discussion of the
relationship of the state and federal regulation.
Railroads and Regulation, 1877-1916 was awarded the
Transportation History Prize of the Organization of American
Historians.
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