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Chapter 9: America in the Individualistic Era

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FieldValue
SourceAmerica and the New Epoch
Year1916
Section IDamerica-and-new-epoch-chapter-10
Locationlines 4268-4715
Statuscandidate
Word Count2481
Equation Candidates In Section0
Figure Candidates In Section0
Quote Candidates In Section0
IX AMERICA IN THE INDIVIDUALISTIC ERA DURING the Civil War, when industrial capitalism extended its sway over the en- tire United States, and in the years following the war we were in the first period of the indi- vidualistic era, that of numerous small and independent producers, all more or less success- ful, due to the still almost untouched resources of the new continent. Then we had a large, prosperous middle class, and little diflSculty ex- isted for any man with a fair amount of intelli- gence and ambition to rise to independence. These were the golden days, to which our in- dividualists hark back, which our legislatures and governments attempt to restore by legal enactments. But the world does not stand still, for standstill is death; in free competition, the more successful producers destroyed
... rations came, and the individualistic era seemed to approach its end, the co-operative era to arrive. The fundamental jirinciple of industrial co- operation between corporations in the same or 120 AMERICA IN THE INDIVIDUALISTIC ERA similar fields comprise control of production; control of prices; interchange of information. Control of production 7neans: Elimination of the constantly recurring periods of business depression and business boom, by restricting excessive production in boo ...
... ore destructive. Finally, in the 90's the end was reached; especially in those industries which had been organized into a few large corporations. The necessity of keeping the factories going, with the steadily increasing excess of productive capacity over the demand for the products, had made competition so vicious that it threatened with destruction the victor as well as the van- quished, in a universal v.Tcck of the industry. Thus co-operation had to come, of neces- sity, to avoid t ...
... nism was the failure of the corporation in one of its most important activities, that of the social relations to its employees and to the public at large. In those early days the leaders and organizers of corporate production were al- together too much inclined to consider the cor- poration as their own private property, and felt that paying such wages as they had to pay to get efficient workers comprised all their rela- tions to the em])loyees, and that toward the general public ...
Concept CandidateHits In SectionStatus
Corporation33seeded-source-specific
Co-operation7seeded-source-specific
Competition6seeded-source-specific
Term CandidateHits In SectionStatus
co-operation7seeded-source-specific
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