Making the Gilded Age: Myth, Money, and Misery in a Market Society Austbrook D
Total Page:16
File Type:pdf, Size:1020Kb
Load more
Recommended publications
-
A Revisionist History of Regulatory Capture WILLIAM J
This chapter will appear in: Preventing Regulatory Capture: Special Interest . Influence and How to Limit it. Edited by Daniel Carpenter and David Moss. Copyright © 2013 The Tobin Project. Reproduced with the permission of Cambridge University Press. Please note that the final chapter from the Cambridge University Press volume may differ slightly from this text. A Revisionist History of Regulatory Capture WILLIAM J. NOVAK A Revisionist History of Regulatory Capture WILLIAM J. NOVAK PROFESSOR, UNIVERSITY OF MICHIGAN SCHOOL OF LAW The idea of regulatory capture has controlled discussions of economic regulation and regulatory reform for more than two generations. Originating soon after World War II, the so-called “capture thesis” was an early harbinger of the more general critique of the American regulatory state that dominated the closing decades of the 20th century. The political ramifications of that broad critique of government continue to be felt today both in the resilient influence of neoliberal policies like deregulation and privatization as well as in the rise of more virulent and populist forms of anti-statism. Indeed, the capture thesis has so pervaded recent assessments of regulation that it has assumed something of the status of a ground norm – a taken-for-granted term of art and an all-purpose social-scientific explanation – that itself frequently escapes critical scrutiny or serious scholarly interrogation. This essay attempts to challenge this state of affairs by taking a critical look at the emergence of regulatory capture theory from the perspective of history. After introducing a brief account of the diverse intellectual roots of the capture idea, this essay makes three interpretive moves. -
Thomas Edison Vs Nikola Tesla THOMAS EDISON VS NIKOLA TESLA
M C SCIENTIFIC RIVALRIES PHERSON AND SCANDALS In the early 1880s, only a few wealthy people had electric lighting in their homes. Everyone else had to use more dangerous lighting, such as gas lamps. Eager companies wanted to be the first to supply electricity to more Americans. The early providers would set the standards—and reap great profits. Inventor THOMAS EDISON already had a leading role in the industry: he had in- vented the fi rst reliable electrical lightbulb. By 1882 his Edison Electric Light Company was distributing electricity using a system called direct current, or DC. But an inventor named NIKOLA TESLA challenged Edison. Tesla believed that an alternating cur- CURRENTS THE OF rent—or AC—system would be better. With an AC system, one power station could deliver electricity across many miles, compared to only about one mile for DC. Each inventor had his backers. Business tycoon George Westinghouse put his money behind Tesla and built AC power stations. Meanwhile, Edison and his DC backers said that AC could easily electrocute people. Edison believed this risk would sway public opinion toward DC power. The battle over which system would become standard became known as the War of the Currents. This book tells the story of that war and the ways in which both kinds of electric power changed the world. READ ABOUT ALL OF THE OF THE SCIENTIFIC RIVALRIES AND SCANDALS BATTLE OF THE DINOSAUR BONES: Othniel Charles Marsh vs Edward Drinker Cope DECODING OUR DNA: Craig Venter vs the Human Genome Project CURRENTS THE RACE TO DISCOVER THE -
© 2019 Donald E. Mclawhorn
Ó 2019 Donald E. McLawhorn, Jr. WEAK NERVES IN CHINA: NEURASTHENIA-DEPRESSION CONTROVERSY AS A WINDOW ON PSYCHIATRIC NOSOLOGY BY DONALD E. MCLAWHORN, JR. DISSERTATION Submitted in partial fulfillment of the requirements for the degree of Doctor of Philosophy in East Asian Languages and Cultures in the Graduate College of the University of Illinois at Urbana-Champaign, 2019 Urbana, Illinois Doctoral Committee: Professor Robert Tierney, Chair Associate Professor Alexander Mayer Associate Professor Michael Kral Assistant Professor Roderick Wilson Assistant Professor Jeffery Martin Clinical Assistant Professor Thomas Laurence ABSTRACT Although shenjing shuairuo (SJSR) has remained a salient clinical and cultural concept in China since the first decade of the twentieth century, in 1980 neurasthenia was removed from the American Psychiatric Association’s Diagnostic and Statistical Manual of Mental Disorders. This roughly coincided with the opening of China after Nixon’s famous visit, and for the first time in many years, Western academics were welcomed back into China to research and collaborate. Several publications arising from one such collaboration sparked what has become known as the neurasthenia-depression controversy and initiated a paradigm in cultural psychiatry termed the new cross-cultural psychiatry (NCCP). Almost without exception, research on SJSR has cited and relied upon the perspective and interpretation of writers situated within the paradigm of NCCP. Unfortunately, there has been no effort in the literature to make a comprehensive criticism of the predominant views of SJSR as they have been propagated over the past 40 years through NCCP writings. In this dissertation, I undertake this effort by first addressing the origins of neurasthenia in the West and then making a study of how SJSR came to be a salient category in China. -
Download File
Downloaded from https://doi.org/10.1017/S1537781400001444 474 Journal of the Gilded Age and the Progressive Era / October 2009 Who Were the Gilders? And Other Seldom-Asked Questions about https://www.cambridge.org/core Business, Technology, and Political Economy in the United States, 1877- 1900 . By Richard K John, Columbia University Columbia University - Law Library Historians of the United States have for many decades termed the late nineteenth century the "Gilded Age." No consensus exists as to when this period began and ended, or how it might best be characterized. Most textbook authors place the origins of the Gilded Age around 1877 and its demise around 1900. Few would deny that this period witnessed a host of epochal , on innovations that included the rise of the modern industrial corporation, 03 Sep 2019 at 14:52:04 the building of large-scale technical systems, including the electric power grid, and the creation of governmental institutions that were conducive to rapid industrialization. Yet the significance of these innovations remained a matter of dispute. This essay contends that no synthetic account of the late nineteenth-century United States that aspires to be at all comprehensive , subject to the Cambridge Core terms of use, available at can ignore these innovations—innovations that have come to be known by various names such as the "managerial revolution," the "Second Industrial Revolution," and "modernization."1 It further contends that the reluctance of some of the most respected historians of business, technology, and political economy to embrace the Gilded Age construct raises questions about its utility as a periodizing device.2 'Robert J. -
Primary Source Analysis Instructions
Teacher Guide to Student Worksheet 1 – Primary Source Analysis Instructions: Use this form to guide your analysis of the primary document your group has been given. Complete the questions below, providing as much detail as possible. For Student Handout 1-The Gospel of Wealth 1. Who wrote or created this document? Andrew Carnegie 2. What was the intended audience for this document? How do you know this? This essay was originally published in the North American Review in 1889. Although limited in subscriptions (3,000 total), the North American Review was one of the foremost literary magazines in New England from its founding in 1815 throughout the early part of the century until Atlantic Monthly was created. Its content focused on improving society and elevating culture. The original audience for this document was probably the well-educated and wealthier section of society. 3. Summarize in 1-2 sentences the main idea of the document: In the document Carnegie argues/defends the beneficial state of capitalism and offers three possibilities for the distribution of wealth: inheritance, money bequeathed for public purposes, or money administered by the owner while he/she is still living. In the end, Carnegie negates the first two options and explains the duty of the wealthy to administer excess funds in a way best suited for the entire community (to help the poor help themselves). 4. What was the author / creator trying to achieve with this document? What details lead you to this conclusion? A man who grew up in poverty but amassed a great fortune during his career, Andrew Carnegie was most likely reconciling with the disparity he saw regarding the distribution of wealth--between the creation of wealth (of a few) and the provision for all of society. -
On Social Impact Bonds and the Privatization of Public Good
University of the District of Columbia School of Law Digital Commons @ UDC Law Journal Articles Publications 2018 The New Gospel of Wealth: On Social Impact Bonds and the Privatization of Public Good Etienne C. Toussaint Follow this and additional works at: https://digitalcommons.law.udc.edu/fac_journal_articles Part of the Law and Economics Commons, and the Law and Society Commons Do Not Delete 9/21/2018 3:49 PM ARTICLE THE NEW GOSPEL OF WEALTH: ON SOCIAL IMPACT BONDS AND THE PRIVATIZATION OF PUBLIC GOOD Etienne C. Toussaint* ABSTRACT Since Andrew Carnegie penned his famous Gospel of Wealth in 1889, corporate philanthropists have championed considerable public good around the world, investing in a wide range of social programs addressing a diversity of public issues, from poverty to healthcare to criminal justice. Nevertheless, the problem of “the Rich and the Poor,” as termed by Andrew Carnegie in his famous essay, remains unsolved. Socially conscious investors have recently called for America to reimagine a new “gospel of wealth”, one that not only grapples with the what of social injustice, but also explores the how and the why of systemic social and economic inequality. An emerging social finance tool, the social impact bond (“SIB”), has been praised as a promising platform that can help solve many of our social challenges by targeting impact investments toward traditionally underfunded social welfare programs. This Article sets forth a critical examination of the new SIB * Assistant Professor of Law, University of the District of Columbia David A. Clarke School of Law (B.S. Massachusetts Institute of Technology; M.S.E. -
How the House of Morgan Cooperated to Develop the Large-Cap US Multinational Corporation, 1895-1913
How the House of Morgan Cooperated to Develop the Large-Cap US Multinational Corporation, 1895-1913 The Harvard community has made this article openly available. Please share how this access benefits you. Your story matters Citation Sawe, Joseph. 2015. How the House of Morgan Cooperated to Develop the Large-Cap US Multinational Corporation, 1895-1913. Master's thesis, Harvard Extension School. Citable link http://nrs.harvard.edu/urn-3:HUL.InstRepos:24078367 Terms of Use This article was downloaded from Harvard University’s DASH repository, and is made available under the terms and conditions applicable to Other Posted Material, as set forth at http:// nrs.harvard.edu/urn-3:HUL.InstRepos:dash.current.terms-of- use#LAA ! How the House of Morgan Cooperated to Develop the Large-Cap US Multinational Corporation, 1895-1913 Joseph Sawe A Thesis in the Field of International Relations for the Degree of Master of Liberal Arts in Extension Studies Harvard University November 2015 ! ! ! ! ! ! Abstract The following investigation is intended to determine how the large-cap US multinational corporation was further advanced during the pivotal years of 1895-1913 by a leading private unincorporated institution—House of Morgan. Historical review and assessment focused on the broader US society, government, monetary landscape, the House of Morgan, leading large cap US multinationals; looking at both the key organizations and underlying people in power. The report framework focuses upon the development of the US super structure within which all major companies work down to the way actual institutions organize economic assets in the form of a multinational corporation. Questions that have been considered include: how was business conducted globally with so little formal mechanisms in place, the importance of the various forms of capital for business, and the various roles politics played in business development. -
Frontier Culture: the Roots and Persistence of “Rugged Individualism” in the United States Samuel Bazzi, Martin Fiszbein, and Mesay Gebresilasse NBER Working Paper No
Frontier Culture: The Roots and Persistence of “Rugged Individualism” in the United States Samuel Bazzi, Martin Fiszbein, and Mesay Gebresilasse NBER Working Paper No. 23997 November 2017, Revised August 2020 JEL No. D72,H2,N31,N91,P16 ABSTRACT The presence of a westward-moving frontier of settlement shaped early U.S. history. In 1893, the historian Frederick Jackson Turner famously argued that the American frontier fostered individualism. We investigate the Frontier Thesis and identify its long-run implications for culture and politics. We track the frontier throughout the 1790–1890 period and construct a novel, county-level measure of total frontier experience (TFE). Historically, frontier locations had distinctive demographics and greater individualism. Long after the closing of the frontier, counties with greater TFE exhibit more pervasive individualism and opposition to redistribution. This pattern cuts across known divides in the U.S., including urban–rural and north–south. We provide evidence on the roots of frontier culture, identifying both selective migration and a causal effect of frontier exposure on individualism. Overall, our findings shed new light on the frontier’s persistent legacy of rugged individualism. Samuel Bazzi Mesay Gebresilasse Department of Economics Amherst College Boston University 301 Converse Hall 270 Bay State Road Amherst, MA 01002 Boston, MA 02215 [email protected] and CEPR and also NBER [email protected] Martin Fiszbein Department of Economics Boston University 270 Bay State Road Boston, MA 02215 and NBER [email protected] Frontier Culture: The Roots and Persistence of “Rugged Individualism” in the United States∗ Samuel Bazziy Martin Fiszbeinz Mesay Gebresilassex Boston University Boston University Amherst College NBER and CEPR and NBER July 2020 Abstract The presence of a westward-moving frontier of settlement shaped early U.S. -
Kurtz, E. (1998). Spirituality and Psychotherapy: the Historical Context
Kurtz, E. (1998). Spirituality and psychotherapy: The historical context. SPIRITUALITY AND PSYCHOTHERAPY: THE HISTORICAL CONTEXT Ernest Kurtz Some ninety years ago, at the time of the birth of modern psychotherapy in the United States as marked by Sigmund Freud’s visit to Clark University, the philosopher Josiah Royce warned against "confusing theology with therapy." Royce observed that much of the American debate over psychotherapy seemed to establish the health of the individual as the criterion of philosophical (and, by implication, theological) truth. Replying to that claim, Royce pointed out that "Whoever, in his own mind, makes the whole great world center about the fact that he, just this private individual, once was ill and now is well, is still a patient." (Holifield, 1983, p. 209, quoting Royce, 1909). But "patient" is a therapeutic term. Might Royce with equal justice have observed that "Whoever, in her own mind, makes the whole world center about the fact that she, just this private individual, once sinned but is now saved, is still far from the kingdom of heaven"? With what other variations of vocabulary might we conjure in this context? Whatever the vocabulary used, any discussion of the relationship between psychotherapy and spirituality necessarily takes place within the larger context of the relationship between science and religion. That relationship has often been less than happy. Ian Barbour’s Issues in Science and Religion (1966) and Philip Rieff’s The Triumph of the Therapeutic (1966) remain useful summaries. Yet even this generalization will draw disagreement, for spirituality and psychotherapy are two terms shrouded in diverse denotations and confusing connotations. -
A 'Gospel of Wealth' for the 21St Century
opinion p15 Opinion John Fullerton been solved, and we still await shift to a regenerative economy that ‘Peace on earth, among men of delivers shared prosperity and respects A ‘Gospel of Good-Will’. the biophysical boundaries of the It is time to update the Gospel planet. With that purpose in mind, Wealth’ for the of Wealth, grounding it in 21st here are six suggested guiding century realities. Few today principles for the administration of 21 on either side of the political wealth in the st century: 21st century 1 spectrum would suggest we Set an example of unostentatious living that provides for your In his Gospel of Wealth, published in 1901, Andrew celebrate the ‘good news’ of our present-day grotesque and legitimate ‘modest’ wants Carnegie declares, ‘The amassing of wealth is one of and needs and those of your the worst species of idolatry.’ He states his position on growing wealth disparities. The ‘individualism’ Carnegie dependants. the ‘duty of the man of Wealth’ in no uncertain terms: 2 celebrated is increasingly at odds Understand the stakes. All ‘First, to set an example of modest, financial capital has impact, John Fullerton with the interdependence our is founder of the unostentatious living . and to systems thinkers understand. Yet whether philanthropic or Capital Institute and provide moderately for the legitimate invested for profit. It fuels the a former JP Morgan our institutions remain organized managing director. wants of those dependent upon him; around individual and national present unsustainable economic Email jfullerton@ after doing so to consider all surplus system and is the bridge to capitalinstitute.org interests, hampering our ability to revenues which come to him simply as tackle global, systemic challenges. -
History in the Age of Fracture L
Program on American Citizenship History in the age of fracture By Wilfred M. McClay June 2015 KEY POINTS . The discipline of history is in serious decline, as both practitioners and the public lack confidence that it can be a truth-seeking enterprise or provide a coherent account of the past. The so-called “age of fracture” in our current culture means that the broad commonalities of shared history are becoming less important than individual experience. To overcome its current decline, history must address the public’s common past and future in a way meant to contribute to a healthy foundation for our common civic existence. uiuiuii ike so many of the disciplines making up much on the belief that the road we have traveled L the humanities, the field of history has for to date offers us only a parade of negative some time been experiencing a slow examples of oppression, error, and dissolution, a decline that may be approaching a obsolescence—proof positive that the past has no critical juncture. Students of academic life lessons applicable to our unprecedented age. express this decline quantitatively, citing This loss of faith in the central importance of shrinking enrollments in history courses, the history pervades all of American society. Gone are disappearance of required history courses in the days when widely shared narratives about the university curricula, and the loss of tenurable past provided a sense of civilizational unity and faculty positions in all history-related areas.1 forward propulsion. Instead, we live, argues But even more disturbing indications of history’s historian Daniel T. -
The Metahistory of the American West
UNLV Retrospective Theses & Dissertations 1-1-2001 The metahistory of the American West Don Franklin Shepherd University of Nevada, Las Vegas Follow this and additional works at: https://digitalscholarship.unlv.edu/rtds Repository Citation Shepherd, Don Franklin, "The metahistory of the American West" (2001). UNLV Retrospective Theses & Dissertations. 2476. http://dx.doi.org/10.25669/2ir7-csaz This Dissertation is protected by copyright and/or related rights. It has been brought to you by Digital Scholarship@UNLV with permission from the rights-holder(s). You are free to use this Dissertation in any way that is permitted by the copyright and related rights legislation that applies to your use. For other uses you need to obtain permission from the rights-holder(s) directly, unless additional rights are indicated by a Creative Commons license in the record and/or on the work itself. This Dissertation has been accepted for inclusion in UNLV Retrospective Theses & Dissertations by an authorized administrator of Digital Scholarship@UNLV. For more information, please contact [email protected]. INFORMATION TO USERS This manuscript has been reproduced from the microfilm master. UMI films the text directly from the original or copy submitted. Thus, some thesis and dissertation copies are in typewriter face, while otfiers may be from any type of computer printer. The quality of this reproduction is dependent upon the quality of the copy submitted. Broken or indistinct print, colored or poor quality illustrations and photographs, print bleedthrough, substandard margins, and improper alignment can adversely affect reproduction. In the unlikely event that the author did not send UMI a complete manuscript and tfiere are missing pages, these will be noted.