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Topic:  8. Progressive Reaction To Industrial Domination (the Industrial Monopolies) Had Nothing To Do With The Reforms That Were A Reaction To That Way Of Life (social Injustices, Poverty, Social Inequalities Etc.).


 

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Type of paper: Essay
Subject area: American History
Academic level: College
Style: APA
Size: 33.0 kB
Word count:
647 words/3 pages
Mark awarded:  
Author: Emelia Bowen
Date submitted: 2008-11-21 23:37:01
Rating/Votes count:
5.00 / 3
 
Tags: work, great, social, life, inequality, sartre, resistance, liability, relations, performance, reforms, london, lot, citizens, chapter, deal, employers, reaction, industrial, progressives, watergate, blake, absorbance, metaphor, relation, domination, reformers, inequalities, IBM, Marx, India, John Stuart Mill, Paul Sartre, Puritans, Morgan, Problem Statement, North America, Sharp, English Church, Metaphor Breaking, narrate, experinced, Crystal Violet Reaction, Antoine Roquentin, Richard Nixon Retrieved, Scandal Retrieved
Running Head : PROGRESSIVE REACTION
Progressive Reaction to Industrial Domination
[Author]
[Affiliation]
[Date]
Problem Statement : Progressive reaction to industrial domination has
nothing to do with the reforms that were a reaction to that way of life .
This statement is generally false . Progressive reaction to industrial
domination has something to do with the reforms that were a reaction to
that way of life .
Corollary to the development of the modern nation-state was the
development of capitalism . The strength of the nation-state depended
primarily on the creation of strong domestic markets . This could not be
done if the significant portion of a nation 's wealth is owned by the
state . There was a need to stimulate private ownership of capital . This
would ensure that private competition would lead to the maximization of
societal welfare . In addition , intense competition in the private sector
would allow any government some leverage in finance . Intense competition
would also immune the government from the vagrancies of private
interests (Marx , 1887 /1999 .
In the 1820s , however , capitalism became the predominant economic mode
in Europe . Its influence was felt everywhere from the common artisan in
the countryside to the factory owner in the cities . Its benefits were
quite immanent to some sectors of the society . European countries at
that time experienced high levels of output and revenues . Unemployment
was below the natural rate of unemployment . It seemed that capitalism
was a ``good ' economic mode , far from the defunct mercantilist system .
However , the ``bad ' effects of capitalism became manifest . Although
unemployment was largely non-existent in some countries , employment
became more and more irregular in nature . Pollution also increased due
to the lack of guiding mechanisms of various governments in protecting
the environment from the rudiments of a rogue , profit-driven market . The
biggest obstacle for development was the existence of the so-called
``industrial domination ' Industrial domination is a
socio-politico-economic concept used to denote the existence of large
monopolies that have a direct or indirect means to affect policy
changes . Capitalists who acquired wealth from unfriendly competition
became to send their ``agenda ' to various political bodies of European
governments . Some capitalists oppressed their workers by extending their
working hours (or by cutting their wages ) in direct disregard for the
welfare of their workers (Marx , 1887 /1999 . Industrial nations at that
time did not have clear laws and statutes for protecting the welfare of
the workers and breaking-up large monopolies (with environmental
protection as a supplementary goal .
Thus , the creation of progressive reaction movements became immanent .
In England , for example , the continued exploitation and abuse of the
Thames River forced the residents of London to destroy some factories
near the side of the river . This generally forced the British parliament
to create a special law protecting the Thames River from further
degradation (from industrial pollution . In a way , this action broke the
power of the London capitalists (usually those engaged in iron and coal
production .
In Germany , the continued unrests of the workers against some powerful
capitalists almost erupted into a general revolt . The...

 

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