HIST 111- Final Exam Guide - Comprehensive Notes for the exam ( 41 pages long!)
Document Summary
Today"s theme: the idea of the nobbling work and the transformation of that into a more practical and adversarial form of labor and capital. Huge corporations and managerial capitalism (new forms of management/control) Railroads in particular were leading the way, and assembled vast amounts of capital as well as large amounts of workers. Workers were facing negative conditions (10-12 hour days 6 days a week) Previous laws allowing workers to negotiate/contract with their managers on their own (what the job responsibilities are and what expectations were) were replaced with government interference, which workers were up and arms about. Social darwinism; the world, nature, and society is a competition, and not everyone is selected (only the fittest); "survival of the fittest" "bread"- pay cuts and reduction of hours/days- free labor ideal. Starts on baltimore and ohio railroads because there was a 10% pay cut for workers, but stock holders were still getting a dividend of 8%