A Social History of Economic Decline PDF Download
Are you looking for read ebook online? Search for your book and save it on your Kindle device, PC, phones or tablets. Download A Social History of Economic Decline PDF full book. Access full book title A Social History of Economic Decline by John T. Cumbler. Download full books in PDF and EPUB format.
Author: John T. Cumbler
Publisher: Rutgers University Press
ISBN: 9780813513744
Category : Business & Economics
Languages : en
Pages : 324
Get Book Here
Book Description
Nineteenth-century Trenton, New Jersey, was a booming commercial and manufacturing center for iron, rubber, steel cables, machine tools, and pottery. Trenton's golden age lasted until the 1920s, when many local industries were bought out by national companies. The story of the subsequent social, political, and economic decline of Trenton is also the story of twentieth-century urban America. John Cumbler analyzes the decline of Trenton in terms of the transition from civic capitalism to national capitalism.
Author: Carlo M. Cipolla
Publisher: Routledge
ISBN: 1135032416
Category : Business & Economics
Languages : en
Pages : 295
Get Book Here
Book Description
The question of why empires decline and fall has attracted the attention of historians for centuries, but remains fundamentally unsolved. This unique collection is concerned with the purely economic aspects of decline. It can be observed of empires in the process of decline that their economies are generally faltering. Here the similarities in different cases of economic decline are identified, bearing in mind that individual histories are characterized by important elements of originality. In his introduction, Professor Cipolla points out that improvements in standards of living brought about by a rising economy lead to more and more people demanding to share the benefits. Incomes increase and extravagances develop, as new needs begin to replace those which have been satisfied. Prosperity spreads to neighbouring countries, which may become a threat and force the empire into greater military expenditure. For these and other reasons, public consumption in mature empires has a tendency to rise sharply and outstrip productivity and, in general, empires seem to resist change. The ten articles in this collection, first published in 1970, examine separate cases of economic decline, from Rome and Byzantium to the more recent histories of the Dutch and Chinese empires, and demonstrate both the resemblances and the peculiarly individual characteristics of each case.
Author: John T. Cumbler
Publisher: Rutgers University Press
ISBN: 9780813513744
Category : Business & Economics
Languages : en
Pages : 324
Get Book Here
Book Description
Nineteenth-century Trenton, New Jersey, was a booming commercial and manufacturing center for iron, rubber, steel cables, machine tools, and pottery. Trenton's golden age lasted until the 1920s, when many local industries were bought out by national companies. The story of the subsequent social, political, and economic decline of Trenton is also the story of twentieth-century urban America. John Cumbler analyzes the decline of Trenton in terms of the transition from civic capitalism to national capitalism.
Author: Mancur Olson
Publisher: Yale University Press
ISBN: 0300254067
Category : Business & Economics
Languages : en
Pages : 296
Get Book Here
Book Description
"A compelling theory on the rationale for the changing fortunes of nations"--Publisher's website.
Author: Robert J. Gordon
Publisher: Princeton University Press
ISBN: 1400888956
Category : Business & Economics
Languages : en
Pages : 785
Get Book Here
Book Description
How America's high standard of living came to be and why future growth is under threat In the century after the Civil War, an economic revolution improved the American standard of living in ways previously unimaginable. Electric lighting, indoor plumbing, motor vehicles, air travel, and television transformed households and workplaces. But has that era of unprecedented growth come to an end? Weaving together a vivid narrative, historical anecdotes, and economic analysis, The Rise and Fall of American Growth challenges the view that economic growth will continue unabated, and demonstrates that the life-altering scale of innovations between 1870 and 1970 cannot be repeated. Gordon contends that the nation's productivity growth will be further held back by the headwinds of rising inequality, stagnating education, an aging population, and the rising debt of college students and the federal government, and that we must find new solutions. A critical voice in the most pressing debates of our time, The Rise and Fall of American Growth is at once a tribute to a century of radical change and a harbinger of tougher times to come.
Author: Dale L. Johnson
Publisher: Springer
ISBN: 3319490435
Category : Political Science
Languages : en
Pages : 275
Get Book Here
Book Description
This book aims to further an understanding of present day America by exploring counter-hegemony to the rule of capital and offering guidelines for strategizing change proceeding from the dialectic of What Is and What Ought to Be. The author analyzes neoliberal global order and its political expressions through discussions of the dominance of finance capital in the late twentieth century, the triumph of ideology, the closing of avenues to reform, the problem of the captive state, and a sociological analysis of rule by “divide and conquer.” The book concludes with a look at the history of movement politics in culture, arts, economics, and politics. It resounds with a hope that challenges to hegemony can use many paths to change, of which the electoral path is but one of many fronts, in the long-term struggle for radical reform.
Author: Paul Mattick
Publisher: Reaktion Books
ISBN: 1861899823
Category : Business & Economics
Languages : en
Pages : 129
Get Book Here
Book Description
The recent global economic downturn has affected nearly everyone in every corner of the globe. Its vast reach and lingering effects have made it difficult to pinpoint its exact cause, and while some economists point to the risks inherent in the modern financial system, others blame long-term imbalances in the world economy. Into this debate steps Paul Mattick, who, in Business as Usual, explains the global economic downturn in relation to the development of the world economy since World War II, but also as a fundamental example of the cycle of crisis and recovery that has characterized capitalism since the early nineteenth century. Mattick explains that today’s recession is not the result of a singular financial event but instead is a manifestation of long-term processes within the world economy. Mattick argues that the economic downturn can best be understood within the context of business cycles, which are unavoidable in a free-market economy. He uses this explanation as a springboard for exploring the nature of our capitalist society and its prospects for the future. Although Business as Usual engages with many economic theories, both mainstream and left-wing, Mattick’s accessible writing opens the subject up in order for non-specialists to understand the current economic climate not as the effect of a financial crisis, but as a manifestation of a truth about the social and economic system in which we live. As a result the book is ideal for anyone who wants to gain a succinct and jargon-free understanding of recent economic events, and, just as important, the overall dynamics of the capitalist system itself.
Author: Assaf Razin
Publisher: MIT Press
ISBN: 9780262264365
Category : Business & Economics
Languages : en
Pages : 152
Get Book Here
Book Description
An analysis of the welfare state from a political economy perspective that examines the effects of aging populations, migration, and globalization on industrialized economies. In The Decline of the Welfare State, Assaf Razin and Efraim Sadka use a political economy framework to analyze the effects of aging populations, migration, and globalization on the deteriorating system of financing welfare state benefits as we know them. Their timely analysis, supported by a unified theoretical framework and empirical findings, demonstrates how the combined forces of demographic change and globalization will make it impossible for the welfare state to maintain itself on its present scale. In much of the developed world, the proportion of the population aged 60 and over is expected to rise dramatically over the coming years—from 35 percent in 2000 to a projected 66 percent in 2050 in the European Union and from 27 percent to 47 percent in the United States—which may necessitate higher tax burdens and greater public debt to maintain national pension systems at current levels. Low-skill migration produces additional strains on welfare-state financing because such migrants typically receive benefits that exceed what they pay in taxes. Higher capital taxation, which could potentially be used to finance welfare benefits, is made unlikely by international tax competition brought about by globalization of the capital market. Applying a political economy model and drawing on empirical data from the EU and the United States, the authors draw an unconventional and provocative conclusion from these developments. They argue that the political pressure from both aging and migrant populations indirectly generates political processes that favor trimming rather than expanding the welfare state. The combined pressures of aging, migration, and globalization will shift the balance of political power and generate public support from the majority of the voting population for cutting back traditional welfare state benefits.
Author: Thomas Dublin
Publisher: Cornell University Press
ISBN: 1501707299
Category : History
Languages : en
Pages : 288
Get Book Here
Book Description
The anthracite coal region of Pennsylvania once prospered. Today, very little mining or industry remains, although residents have made valiant efforts to restore the fabric of their communities. In The Face of Decline, the noted historians Thomas Dublin and Walter Licht offer a sweeping history of this area over the course of the twentieth century. Combining business, labor, social, political, and environmental history, Dublin and Licht delve into coal communities to explore grassroots ethnic life and labor activism, economic revitalization, and the varied impact of economic decline across generations of mining families. The Face of Decline also features the responses to economic crisis of organized capital and labor, local business elites, redevelopment agencies, and state and federal governments. Dublin and Licht draw on a remarkable range of sources: oral histories and survey questionnaires; documentary photographs; the records of coal companies, local governments, and industrial development corporations; federal censuses; and community newspapers. The authors examine the impact of enduring economic decline across a wide region but focus especially on a small group of mining communities in the region's Panther Valley, from Jim Thorpe through Lansford to Tamaqua. The authors also place the anthracite region within a broader conceptual framework, comparing anthracite's decline to parallel developments in European coal basins and Appalachia and to deindustrialization in the United States more generally.
Author: Paolo Sylos Labini
Publisher: Cambridge, Mass. : MIT Press
ISBN:
Category : Business & Economics
Languages : en
Pages : 280
Get Book Here
Book Description
Innovation, changes in market structure, and changes in income distribution are the forces that drive the general process of economic growth or decline. This is the concept that unifies these essays written between 1954 and 1983 by the noted economist Paolo Sylos-Labini. In each essay as he illuminates some aspect of this concept, Sylos-Labini displays a historical sensibility to theory that distinguishes him from most modern economists. Essays in the first section lay the groundwork for the book by going back to the classical economists, directly and indirectly through Schumpeter. Throughout the rest of the book, Sylos-Labini's explication and appraisal of the theories of Smith, Ricardo, Manx, and Schumpeter concerning innovation, market structure, and income distribution inform his own search for a theoretical model to analyze the process of economic growth and decline in the current stage of modern capitalism's evolution. In the book's second section, essays address innovation and changes in productivity. In the third section, they focus on changes in market structure, exploring the relationship among oligopoly, pricing, inflation, and economic growth. A final section of the book is concerned primarily with the relationship between economic growth and income distribution.
Author: David B. Grusky
Publisher: Russell Sage Foundation
ISBN: 1610447506
Category : Business & Economics
Languages : en
Pages : 342
Get Book Here
Book Description
Officially over in 2009, the Great Recession is now generally acknowledged to be the most devastating global economic crisis since the Great Depression. As a result of the crisis, the United States lost more than 7.5 million jobs, and the unemployment rate doubled—peaking at more than 10 percent. The collapse of the housing market and subsequent equity market fluctuations delivered a one-two punch that destroyed trillions of dollars in personal wealth and made many Americans far less financially secure. Still reeling from these early shocks, the U.S. economy will undoubtedly take years to recover. Less clear, however, are the social effects of such economic hardship on a U.S. population accustomed to long periods of prosperity. How are Americans responding to these hard times? The Great Recession is the first authoritative assessment of how the aftershocks of the recession are affecting individuals and families, jobs, earnings and poverty, political and social attitudes, lifestyle and consumption practices, and charitable giving. Focused on individual-level effects rather than institutional causes, The Great Recession turns to leading experts to examine whether the economic aftermath caused by the recession is transforming how Americans live their lives, what they believe in, and the institutions they rely on. Contributors Michael Hout, Asaf Levanon, and Erin Cumberworth show how job loss during the recession—the worst since the 1980s—hit less-educated workers, men, immigrants, and factory and construction workers the hardest. Millions of lost industrial jobs are likely never to be recovered and where new jobs are appearing, they tend to be either high-skill positions or low-wage employment—offering few opportunities for the middle-class. Edward Wolff, Lindsay Owens, and Esra Burak examine the effects of the recession on housing and wealth for the very poor and the very rich. They find that while the richest Americans experienced the greatest absolute wealth loss, their resources enabled them to weather the crisis better than the young families, African Americans, and the middle class, who experienced the most disproportionate loss—including mortgage delinquencies, home foreclosures, and personal bankruptcies. Lane Kenworthy and Lindsay Owens ask whether this recession is producing enduring shifts in public opinion akin to those that followed the Great Depression. Surprisingly, they find no evidence of recession-induced attitude changes toward corporations, the government, perceptions of social justice, or policies aimed at aiding the poor. Similarly, Philip Morgan, Erin Cumberworth, and Christopher Wimer find no major recession effects on marriage, divorce, or cohabitation rates. They do find a decline in fertility rates, as well as increasing numbers of adult children returning home to the family nest—evidence that suggests deep pessimism about recovery. This protracted slump—marked by steep unemployment, profound destruction of wealth, and sluggish consumer activity—will likely continue for years to come, and more pronounced effects may surface down the road. The contributors note that, to date, this crisis has not yet generated broad shifts in lifestyle and attitudes. But by clarifying how the recession’s early impacts have—and have not—influenced our current economic and social landscape, The Great Recession establishes an important benchmark against which to measure future change.
