1、A New Industrial Order,1877-1918,“What is the chief end of man?-to get rich. In what way?-dishonestly if we can; honestly if we must.“ - Mark Twain-1871,Industrial Systems,Land (Natural Resources),Labor,Investment And Innovation,Communications,Corporate Organization And Management,Natural Resources
2、and Sectional Division,Agricultural Division South: cotton, tobacco, lumber, timber products, beef, pork Midwest: lumber, grain, beef, pork, dairy West: beef, grain, timber Resource Extraction South: coal Midwest: coal, copper, iron ore, petroleum West: copper, silver, iron ore, coal, etc.,The Probl
3、em of Labor,Why did demand for labor increase from 1865-1918? What are the different demands on an industrial labor force? Where did the new labor force come from?Rural AmericaImmigrationBefore/After 1890,Entrepreneurial Invention (1750-1850) Systematic invention and Public Investment Thomas A. Edis
4、on (1879) “Menlo Park” J.P. Morgan and General Electri,Entrepreneurs, Systematic Invention, and Public Investment,Corporate Organization and New Management,Corporate Organization Andrew Carnegie and “vertical integration” John D. Rockefeller and “horizontal integration” The predominance of corporati
5、ons (1877-1918) “Managerial Revolution” Rationalization of labor and “white collar work” Scientific management Frederick Taylor “Taylorism” Henry Fords management style,Communications,The American Railroad systemTelephone and Telegraph systems,The Role of the State,Civil War Government involvement 1861 Morrill Tariff 1862 Morrill Land Grant College Act 1862 Pacific Railroad Act 1862 Homestead Act 1866 14th Amendment to the Constitution Santa Clara County v. Southern Pacific Railroad,Price Stagnation after 1877,Source: David Hackett Fischer,
