Chapter 16
Published on Jul 11, 2017
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PRESENTATION OUTLINE
Chapter 16
The Rise of Industrial America
Chapter 16.1
The Gilded Age
Chapter 16.2
Justifications of Wealth
Chapter 16.3
Exploited Workers Resist
Chapter 16.4
Exploited Workers Resist
The Business of Railroads
Backbone of Industrial Nation - Shareholder Driven
Western Railroads
Fuels Expansion - Connects Nation
Federal Land Grants
Homestead Act - Corruption
Transcontinental Railroads
Union Pacific - Central Pacific - Chinese Immigrants
Competition and Consolidation
Monopolies Boom
Industrial Empires
2nd Industrial Revolution - Steel, Petroleum, Electricty
The Steel Industry
Henry Bessemer
Andrew Carnegie
Rags to Riches - Pittsburgh - Vertical Integration
U.S. Steel Corporation
Philanthropy - J.P. Morgan
Rockefeller and the Oil Industry
Standard Oil - 90% of Oil
Antitrust Movement
Sherman Antitrust Act - No Muscle
Laissez-Faire Capitalism
Hands Off
Conservative Economic Theories
Free Market
Social Darwinism
Survival of the Fittest - Racial Evolution - Eugenics
Gospel of Wealth
Survival of the Richest - Duty to Seek Wealth
Inventions
Telegraph - Telephone - Calculator
Edison and Westinghouse
The American Inventor - Tesla
Marketing Consumer Goods
Department Stores - Mass-Produced Food
The Concentration of Wealth
10% Control 90% Wealth - Capitalism Unrestrained
Horatio Alger Myth
Rags to Riches - Bootstraps
The Expanding Middle Class
White Collar
Wage Earners
66% Hourly Workers - Supply Demand - Exploitation
Working Women
20% Women Work - 5% Married Women Work - Femenized Jobs
Labor Discontent
Alienation - Limited Agency
Industrial Warfare
Lockouts - Blacklist - Yellow-Dog Contract - Guards & State Militia - Injunctions
Industrial Warfare
Lockouts - Blacklist - Yellow-Dog Contract - Guards & State Militia - Injunctions
Great Railroad Strike of 1877
Violent Labor Revolt
Attempts to Organize National Unions
Typically Localized - 8 Hour Day - Weekend
National Labor Union
All Labor - Women and Minorities
Knights of Labor
Profit Sharing - End Child Labor - Abolish Monopolies
Haymarket Bombing
May Day Protest - Anarchists - Bombing
American Federation of Labor
Longest Lasting Union
Homestead Strike
Clay the Strikebreaker - Capitalists Fight Back
Pullman Strike
Cut Wages - Fire Employees - Capitalist Organization
Regional Differences
Northwest & Midwest - South
Economic Boom
Raw Materials - Labor Supply - Capital - Inventions - Government Policies - Entrepreneurs
Eastern Trunk Lines
Consolidation - Cornelius Vanderbilt
The Struggle of Organized Labor
Capital vs. Labor
Strikebreaking In The 1890s
Homestead Strike - Pullman Strike
