Read e-book online Confronting Decline: The Political Economy of PDF

By David Koistinen

ISBN-10: 0813049075

ISBN-13: 9780813049076

“Koistinen places the ‘political’ again in political economic climate during this interesting account of latest England’s twentieth-century business erosion. fine examine and sound judgments make this research crucial reading.”—Philip Scranton, Rutgers University–Camden


“Well-organized and obviously written, Confronting Decline seems at one group to appreciate a technique that has develop into really national.”—David Stebenne, Ohio country University


“Koistinen’s vital publication makes transparent that many business towns and areas started to decline as early because the 1920s.”—Alan Brinkley, Columbia University


“Sheds new mild on a posh procedure of company that typically blurs, and infrequently overrides, the differences of personal and public, in addition to these of locality, country, area, and country. In so doing, it extends and deepens the insights of prior students of the yank political economy.”—Robert M. Collins, college of Missouri


The upward thrust of the us to a place of worldwide management and gear rested at first at the end result of the commercial Revolution. but as early because the Twenties, very important American industries have been in decline within the locations the place that they had initially flourished.

The decline of conventional manufacturing—deindustrialization—has been some of the most major points of the restructuring of the yankee financial system. during this quantity, David Koistinen examines the loss of life of the cloth in New England from the Nineteen Twenties throughout the Nineteen Eighties to higher comprehend the impression of business decline. targeting coverage responses to deindustrialization on the nation, local, and federal degrees, he bargains an in-depth examine the method of business decline through the years and indicates how this trend repeats itself in the course of the kingdom and the world.



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Extra resources for Confronting Decline: The Political Economy of Deindustrialization in Twentieth-Century New England

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Pathetic, silent, middle-aged men in torn, frayed overcoats . . slumped in postures of hopeless discontent . . 14 With few new jobs available, many of the displaced workers ended up on public relief. In Lowell in the mid-1930s an estimated 40 percent of the population received some form of government aid. Substantial numbers moved away from mill cities to escape the depressed circumstances. Population declines of between 4 and 11 percent occurred in New Bedford, Lowell, and Fall River between the censuses of 1920 and 1930, with much of the drop taking place at the end of the decade.

Developments in textiles seemed to support the governor’s view. Another wave of mill closures swept through the industry, causing statewide employment in cotton goods to slump from 91,000 in 1927 to 65,000 in 1928. m. came somewhat close to passage. 31 Anticipating a struggle in the 1928 legislative session, the state AFL convened a conference of officials from the Fall River and New Bedford Textile Councils and the UTW’s Massachusetts locals to “plan . . for an active fight” to defend the current regulations.

If the Massachusetts labor laws were not changed, he asserted, manufacturers would construct no new facilities in the state. 19 Retrenchment A delegation of unionists appeared at the hearing to argue equally forcefully for the maintenance of existing labor standards. Charles Hodsdon, legislative agent of the state AFL, asserted that watering down the state’s laws would not reverse the decline of cotton manufacturing in the commonwealth. Abraham Binns of the New Bedford Textile Council claimed that the existing statutes had broad public support and did not hamper the competitiveness of Massachusetts mills.

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Confronting Decline: The Political Economy of Deindustrialization in Twentieth-Century New England by David Koistinen

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