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Labor, Industry, and Regulation during the Progressive Era (New Political Economy) - Hardcover

Book 10 of 20: New Political Economy

Saros, Daniel E.

 
9780415996792: Labor, Industry, and Regulation during the Progressive Era (New Political Economy)
Hardcover
ISBN 10: 0415996791 ISBN 13: 9780415996792
Publisher: Routledge, 2009

Synopsis

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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About the Author

Daniel E. Saros is Assistant Professor of Economics at Valparaiso University.

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Publisher
Routledge
Publication date
2009
Language
English
ISBN 10 
0415996791
ISBN 13 
9780415996792
Binding
Hardcover
Edition number
1
Number of pages
198