GGR241H1 Lecture Notes - Lecture 4: Corporate Capitalism, Horizontal Integration, Deskilling
Document Summary
Moving to chicago thinking as a better life but wasn"t worked in the stockyard. What are the socio-spatial impact of the rise of the industrial metropolis in the us between 1860 and 1930. Industrial metropolis in the us: the city of the mechanized factory, the city of the downtown office, the city of the segregated neighborhoods. Large-scale growth since early 19ce with urban reaching majority circa: the greatest growth after civil war and evens out after 1970. Key elements of capitalist industrialization (all supported by working class) Increasing wealth and investment: shifting towards manufacturing and the investment going back to the few elitist, growing working class, utilization of science and technology (esp. railroad, state support, development of a circulation system. Note: us still was the first corporation in the world. Rockefeller was the richest man in the world (represent capital) In 1940: 5% of firms employed 70% of workers, 0. 2% forms owned 52% assets (controlled by small automonopoly)
