2/23 Class Flashcards
The world war one economy
on it
A New Era?
A. Overview of Business in the 1920s B. Yes, the auto was that important C. Proto Keynesian Consumerist Economics D. Post-Taylor Labor Management E. Welfare Capitalism
liberty loans
bonds given by the government
World War One(Overview of business in 1920s
made U.S. Net Creditor
Increased Role of Gov in Economy
Higher Taxes
Nationalization of railroads, phones
Associationalism - between Laissez Faire and heavy regulation, relies on business to voluntarily regulate activity
Hoover's Food Administration
War Labor Board
Unions grew(and de-radicalized)
War Industries Boardjazz age
only 60% of households had a radio
1920s immigration
closed the immigration gates, opened in the mid 60s
Daimler’s Garage
he tinkered with the internal combustion engine
US conditions for the automobile
perfect for the automobile, Henry did the Model - T
Simon Patten Proto Keynesians
idea of mass consumption
Proto Keynesians
argued in times of economic difficulty the people should borrow to stimulate the economy
willingness to run deficits
idea that the poor spend more than the rich faster
Marriner Eccles
said to have people spend
Post-Taylor Labor Management
People started to find that workers didn’t want to do the same thing over and over
welfare capitalism
giving people stuff
Paper Stuff
Main Question - what is the main question
Status Quo - What the article writes against, keyword is historians
Destabilizing Question - new piece of evidence
Thesis
Cohens
Main Question - did the working class really have mass consumption Status Quo - Mass consumption flatted classes, reduced class consciousness, and reduced ethnic solidarity destabilizing condition - CHI case study Thesis - mass culture allows ethnicities to survive; and does not flatten classes
