HST 202 Lecture 2: Lecture 2 -history
Document Summary
Why did workers in the gilded age unionize: wages are driven down. Compeiive business environment: managers seek to sell cheap goods. Restricive monetary policy (golf standard: industrial workers are also ighing against unhealthy work condiions, government policy that favors big business, imbalanced distribuion of wealth. *more people are speculaing accumulated wealth has corrupted the democraic process. 8 hour work days and weekends are because of unions. How were the tacics and membership of the knights of labor diferent from those of the. Town in illinois: 25% wage cut, but cost of living stayed the same. Speciically, think about the debs and lochner cases. Debs was in jail: debs was found guilty under the serman anit-trust act. The lochner court: 5-4 decision in lochner v. new york. Overturned new york law that set maximum ours of work: used the 14th amendments to protect big business.
