Overview

American business has always had deep roots in community. For over a century, the country looked to philanthropic industrialists to finance hospitals, parks, libraries, civic programs, community welfare and disaster aid. Worker-centered capitalists saw the workplace as an extension of the community and poured millions into schools, job training and adult education. Often criticized as welfare capitalism, this system was unique in the world. Lesser known capitalists like Peter Cooper and George Westinghouse led the movement in the mid- to late 1800s. Westinghouse, in particular, focused on good wages and benefits. Robber barons like George Pullman and Andrew Carnegie would later succeed in corrupting the higher benefits of worker-centered capitalism. This is the story of those accomplished Americans who sought to balance the accumulation of wealth with communal responsibility.

Full Product Details

Author:   Quentin R. Skrabec
Publisher:   McFarland & Co Inc
Imprint:   McFarland & Co Inc
Dimensions:   Width: 15.20cm , Height: 1.20cm , Length: 22.90cm
Weight:   0.331kg
ISBN:  

9780786494941

ISBN 10:   0786494948
Pages:   240
Publication Date:   01 July 2015
Recommended Age:   From 18 years
Audience:   General/trade ,  General
Format:   Paperback
Publisher's Status:   Active
Availability:   Available To Order  
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Table of Contents

Table of Contents Acknowledgments Preface Introduction One. The Puritan Experiment Two. Genesis of an Industrial Race Three. European Industrialization, Master Entrepreneurs, and Worker Utopias Four. Lowell and Rockdale Five. Crisis in American Labor: Class, Skilled, and Unskilled Laborers Six. Early Paternal and ­Employee-Driven Capitalists Seven. Robber Barons and the Questioning of Capitalism Eight. New Breed of Paternal Capitalists Nine. American Patriarchal or Philanthropic Capitalism Ten. The Failure of Pullman City Eleven. The Greatest Paternalist of Them All Twelve. Westinghouse’s Paternalism Thirteen. Trusts and Corruption Fourteen. Wilmerding, America’s New Lanark Fifteen. Capitalism with a Heart—Westinghouse’s Vision Sixteen. A Government Policy for Philanthropy and Paternalism Seventeen. Corporate Paternalism Eighteen. Unions, Industrial Democracy and the New Deal Nineteen. Visions Come True Twenty. And the Wolf Finally Came—Deindustrialization and Globalization Chapter Notes Bibliography Index

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Author Information

Quentin R. Skrabec, Jr., Ph.D., is an international expert in management, manufacturing and globalization, and the author of several books on American industrial history, capitalism and notable business leaders. He lives in Maumee, Ohio.

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