The Role Of Capitalism In The 1910s

Improved Essays
The early twentieth century was marked as one of most prosperous eras in American history where the American economy had risen to become one of the wealthiest on the planet. While the rapid expansion of American capitalism led to profound wealth for many in the ruling class, the unjust treatment of workers and labor unions demonstrated the limits of prosperity during 1910s and 1920s. With the lack of government support and intervention, American workers and unions witnessed some of the most violent labor conflicts in the nation 's history. Not only were they suppressed into virulent conditions, political and social reform were also stagnated and languished in despair. However, by the eve of World War II, the American economy had undergone such …show more content…
From the beginning of the twentieth century to the end of Roaring Twenties, political reform and effective labor organizing was stagnated by both government inaction and decline in union membership that would eventually persist until the introduction of welfare capitalism and improved labor relations in the New Deal in the 1930s.
Throughout the 1910s, the magnitude and suppression of labor strikes reflect the negative and violent attitude of the government towards organized labor. From the 1910s to the 1920s, the struggle for effective labor organizing and political reform was extremely violent as the wealthy capitalists were able to enforce their prerogative through their influence on the government. Not only did the government often respond with brute force, the armed militia and local
…show more content…
Oregon, the American labor movement stood at a critical crossroad in the 1920s as union membership fell in the face of economic prosperity and businesses who fostered a public fear of unions as anarchistic and unpatriotic. With establishment of the National War Labor Board, the government sought to “arbitrate disputes between workers and employers in order to ensure labor reliability” during World War” (Martínez-Matsuda 1 October 2015) which enforced political reform in improving the living and working conditions of workers. As the war efforts continued, the government began to shift its past stance on workers and organized labor in order to discourage strikes and increase production. While the government is starting to transform their policy on workers and labor unions, the decline of effective labor organizing and political reform in the Roaring Twenties can be attributed to the rapid fall in union membership and the economic prosperity of the time. As businesses adopted welfare capitalism, organized labor seemed irrelevant because the rapid economic growth transformed “the daily leisure, living pattern, and even desire of workers” (Dubofsky & McCartin 140). As noted by Lizabeth Cohen in her book, Making a New Deal: Industrial Workers in Chicago, 1919-1939, welfare capitalism created a culture in which “the

Related Documents

  • Improved Essays

    According to Shlaes, “The government modified taxes to tap wealthy people the most, who could take it in stride easily. The rich, conservatives, numerous businessmen- and those who were all 3- vigorously opposed the New Deal”(2). The New Deal was President Franklin D. Roosevelt’s “unprecedented number of reforms addressing the catastrophic effects of the Great Depression” (PBS,1). The New Deal interfered with the business of the rich businessmen, and they were not happy about that. The wealthy businessmen argued that they had worked hard for their wealth and deserved to be rich, they refused to pay their fair share of taxes to help out the rest of the American people and the American economy.…

    • 1262 Words
    • 6 Pages
    Improved Essays
  • Improved Essays

    During the 20th century labor unions did destroy the free market by encumbering businesses with regulations essentially penalizing the wealthy for being successful. Reasons such as the Haymarket affair, the Pullman strike, the homestead strike, socialism, progressives, and the A.F.L caused labor unions to destroy the free market. Conflict between unions and management has caused struggle for power in the U.S. Labor unions gave an effort for better wages, reasonable hours and safer working conditions, while the wealthy were economically taking advantage of the workers to improve their wealth. To begin with, labor unions did destroy the free market by setting up strikes. One well known strike of the 20th century that aided labor unions to destroy the free market is the Haymarket affair.…

    • 992 Words
    • 4 Pages
    Improved Essays
  • Improved Essays

    This shows how industrialization affected the social aspects of society because with the success in large businesses the rich became richer while the poorer class is left behind. Industrialization also affected society in that practices of big businesses became more corrupt. Big businesses started to use monopolies because of the growing competitions in businesses. Oil was a large growing industry at this time and ran many other oil industries out of business (Doc G). Rockefeller, the leader of the oil company, used corrupt strategies to eventually be the only oil company to rely on in society.…

    • 1115 Words
    • 5 Pages
    Improved Essays
  • Superior Essays

    Patriotism In Rwanda

    • 1275 Words
    • 6 Pages

    This source is used to depict the catastrophic results of misguided nationalism. One of the focal points on the graph, is the peak of the Nazi controlled genocide. Post-World War One, Germany was required to pay reparation payments for the damage they had done, under the Treaty of Versailles. During the United States’s economic peak in the twenties, Germany also went through a period of economic prosperity due to the large amounts of money the United States offered Germany to rebuild their economy. But because of Germany’s increased dependency, as well as the rise of globalization, when America fell into the Great Depression, this economic failure trickled down to Germany as well.…

    • 1275 Words
    • 6 Pages
    Superior Essays
  • Superior Essays

    Governmental policies only enabled this trend as labor unions were weakened and tax-cuts benefited the wealthy (130). Finally, with so much money, the wealthy often resorted to luxury spending and investments in businesses, which increased productivity more and made this misdistribution problem worse (131). Ultimately, this growing divide between the classes wasn’t sustainable, which McElvaine explains…

    • 1058 Words
    • 5 Pages
    Superior Essays
  • Improved Essays

    1920s Consumerism Essay

    • 1088 Words
    • 5 Pages

    The 1920’s can be described as the old way of life clashing with the new way of life. This time period was a reaction to what happened in the war. World War I and consumerism affected the United States in the 1920s because the economy fluctuated with good and bad change, professional and college athletics and the arts thrived socially, and culturally there was continued segregation for immigrants and blacks, women’s rights improved, and argumentative views proved hard times in America. Economically, the United States flourished at first after the war, but gradually fell into a depression. Agriculture ways prospers at first because the whole world was in debt, so the United States was feeding the world.…

    • 1088 Words
    • 5 Pages
    Improved Essays
  • Improved Essays

    “Vertical Ingratiation” was a key component in “America 's industrial Growth.” This growth resulted in very important positives and negatives for the United States. It skyrocketed our national wealth and standard of living, but unfortunately not for everyone. Those who had wealth, had a lot of it and those who were poor were “paying a heavy price” for America 's ascension to world power. Because large companies owned everything, they could get away with “low wages” and “the unsafe working conditions” encountered by the lower class. This disparity in wealth led to economic disasters down the road, like the Great Depression.…

    • 1157 Words
    • 5 Pages
    Improved Essays
  • Improved Essays

    As the size of the American economy was “cut in half” (Dubofsky & McCartin 142) during the Great Depression, it resulted in widespread unemployment and severe economic and social conditions that eventually led to election of Franklin Delano Roosevelt in 1932. Not only did the Great Depression result in the turn of public opinion against businesses, the election of Roosevelt marked the transformation of federal intervention in labor. Under Roosevelt and his policies of the New Deal, federal intervention altered the American labor movement and ushered in a new era of improvement working conditions and effective union organizing. While the government did rule in favor of some labor regulations in the past decade, the profound transformation of the New Deal led to a greater impact that helped ensure the rise of unions. In The National Labor Relations Act of 1935, also known as the Wagner Act, workers were guaranteed the right to “join unions and bargaining collectively” (Dubofsky & McCartin 142).…

    • 1092 Words
    • 4 Pages
    Improved Essays
  • Superior Essays

    Hoover DBQ

    • 1291 Words
    • 6 Pages

    When the Great Depression hit America in 1929, the nation sprawled into a time of immense poverty and destitution. President Hoover failed to respond effectively to the economic troubles relying on his philosophies of rugged individualism and the business cycle. While Hoover failed to take action, the nation continued its downward spiral into hardship. In 1932 Hoover lost to Franklin D. Roosevelt, who immediately took action towards the nation’s struggles. The people’s confidence in the government increased with the jobs that were created and Roosevelt’s actions, but the confidence also allowed the government to expand its power.…

    • 1291 Words
    • 6 Pages
    Superior Essays
  • Improved Essays

    In the midst of the period, social movements were spurred in order to counteract businesses. Big corporations such as Standard Oil and the Carnegie Steel Company devoured smaller competitions and built themselves into a monopoly through trusts, horizontal and vertical integration. The working and laboring class often suffered under these monopolies as they faced wage cuts, detrimental environment conditions and job displacements. Situations only became worse as managerial tactics invented by Henry Ford’s Fordism, and Frederick Winslow Taylor’s Taylorism which both claimed to maximize productivity. These “scientific management”, monopolies and trusts brought a lot of distressed to laborers.…

    • 1340 Words
    • 5 Pages
    Improved Essays