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Industrial America Review

Industrial America Review. Industrialization: 1877-1900. RxRs driving engine Corporations: monopoly  trusts Pro: Stability, economic growth, rising standard living, Gospel of Wealth, nationalism Con: Political influence, union busting, “philanthropy,” monopoly power

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Industrial America Review

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  1. Industrial America Review

  2. Industrialization: 1877-1900 • RxRs driving engine • Corporations: monopoly trusts • Pro: Stability, economic growth, rising standard living, Gospel of Wealth, nationalism • Con: Political influence, union busting, “philanthropy,” monopoly power • John D. Rockefeller, J.P. Morgan, Andrew Carnegie

  3. Protests • Unions: Knights vs. AFL • Populists: farmers • RxR long vs. short haul charges • Cross of Gold • Progressives • Cleanse (esp. cities) • Managerial capitalism (experts in charge: forerunner New Deal)

  4. 1920s • Automobile driving engine • “Normalcy”: Republican ascendancy • Suburbanization, KKK (1st Great Migration), religious revival • Roll-back Progressivism (not all: Hoover)

  5. Great Depression and New Deal • Alphabet Soup Agencies: try anything • New Deal • Too Conservative: preserved + strengthened capitalism corporatism • Too Radical: creeping socialism of welfare state

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