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Copyright ©2008 by the McGraw-Hill Companies, Inc. Chapter Seventeen: Industrial Supremacy.

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Presentation on theme: "Copyright ©2008 by the McGraw-Hill Companies, Inc. Chapter Seventeen: Industrial Supremacy."— Presentation transcript:

1 Copyright ©2008 by the McGraw-Hill Companies, Inc. Chapter Seventeen: Industrial Supremacy

2 Copyright ©2008 by the McGraw-Hill Companies, Inc. Chapter Seventeen: Industrial Supremacy Sources of Industrial Growth Industrial Technologies Alexander Graham Bell “Mr. Watson, come here, I want you!” - Alexander Graham Bell

3 Copyright ©2008 by the McGraw-Hill Companies, Inc. Chapter Seventeen: Industrial Supremacy Sources of Industrial Growth Industrial Technologies Alexander Graham Bell Impact of Electric Power

4 Copyright ©2008 by the McGraw-Hill Companies, Inc. Chapter Seventeen: Industrial Supremacy Sources of Industrial Growth The Technology of Iron and Steel Production Bessemer Process

5 Copyright ©2008 by the McGraw-Hill Companies, Inc. Chapter Seventeen: Industrial Supremacy Sources of Industrial Growth The Technology of Iron and Steel Production Bessemer Process New Blast Furnaces

6 Copyright ©2008 by the McGraw-Hill Companies, Inc. Chapter Seventeen: Industrial Supremacy Sources of Industrial Growth The Technology of Iron and Steel Production Bessemer Process New Blast Furnaces New Transportation Systems

7 Copyright ©2008 by the McGraw-Hill Companies, Inc. Chapter Seventeen: Industrial Supremacy Sources of Industrial Growth The Technology of Iron and Steel Production Bessemer Process New Blast Furnaces New Transportation Systems Rise of the Petroleum Industry Pioneer Oil Run, 1865

8 Copyright ©2008 by the McGraw-Hill Companies, Inc. Sources of Industrial Growth The Automobile and the Airplane Henry Ford Chapter Seventeen: Industrial Supremacy “Nothing is particularly hard if you divide it into small jobs.” -Henry Ford

9 Copyright ©2008 by the McGraw-Hill Companies, Inc. Sources of Industrial Growth The Automobile and the Airplane Henry Ford The Wright Brothers Chapter Seventeen: Industrial Supremacy The Wright Brothers (Library of Congress)

10 Copyright ©2008 by the McGraw-Hill Companies, Inc. Sources of Industrial Growth Research and Development Corporate Research and Development Chapter Seventeen: Industrial Supremacy Edison’s Notebook

11 Copyright ©2008 by the McGraw-Hill Companies, Inc. Sources of Industrial Growth The Science of Production “Taylorism” Chapter Seventeen: Industrial Supremacy “The most important object of both the workmen and the management should be the training and development of each individual in the establishment, so that he can do (at his fastest pace and with the maximum of efficiency) the highest class of work for which his natural abilities fit him.” - Frederick Winslow Taylor

12 Copyright ©2008 by the McGraw-Hill Companies, Inc. Sources of Industrial Growth The Science of Production “Taylorism” Assembly Line Chapter Seventeen: Industrial Supremacy

13 Copyright ©2008 by the McGraw-Hill Companies, Inc. Sources of Industrial Growth Railroad Expansion and the Corporation Importance of Government Subsidies Chapter Seventeen: Industrial Supremacy Railroads, 1870-1890

14 Copyright ©2008 by the McGraw-Hill Companies, Inc. Sources of Industrial Growth Railroad Expansion and the Corporation Importance of Government Subsidies “Limited Liability” Chapter Seventeen: Industrial Supremacy

15 Copyright ©2008 by the McGraw-Hill Companies, Inc. Sources of Industrial Growth Railroad Expansion and the Corporation Importance of Government Subsidies “Limited Liability” U.S. Steel Created Chapter Seventeen: Industrial Supremacy

16 Copyright ©2008 by the McGraw-Hill Companies, Inc. Sources of Industrial Growth Railroad Expansion and the Corporation Importance of Government Subsidies “Limited Liability” U.S. Steel Created “Horizontal Integration” and “Vertical Integration” Chapter Seventeen: Industrial Supremacy

17 Copyright ©2008 by the McGraw-Hill Companies, Inc. Sources of Industrial Growth Railroad Expansion and the Corporation Importance of Government Subsidies “Limited Liability” U.S. Steel Created “Horizontal Integration” and “Vertical Integration” Standard Oil Chapter Seventeen: Industrial Supremacy

18 Copyright ©2008 by the McGraw-Hill Companies, Inc. Sources of Industrial Growth Railroad Expansion and the Corporation Importance of Government Subsidies “Limited Liability” U.S. Steel Created “Horizontal Integration” and “Vertical Integration” Standard Oil “Holding Company” Chapter Seventeen: Industrial Supremacy

19 Copyright ©2008 by the McGraw-Hill Companies, Inc. Capitalism and Its Critics Survival of the Fittest Ideology of Individualism Chapter Seventeen: Industrial Supremacy

20 Copyright ©2008 by the McGraw-Hill Companies, Inc. Capitalism and Its Critics Survival of the Fittest Ideology of Individualism Social Darwinism “The growth of a large business is merely the survival of the fittest.” - John D. Rockefeller Chapter Seventeen: Industrial Supremacy

21 Copyright ©2008 by the McGraw-Hill Companies, Inc. Capitalism and Its Critics Survival of the Fittest Ideology of Individualism Social Darwinism Corporate Wealth Legitimated Chapter Seventeen: Industrial Supremacy

22 Copyright ©2008 by the McGraw-Hill Companies, Inc. Capitalism and Its Critics “The Gospel of Wealth” Gospel of Wealth Andrew Carnegie (Portrait Gallery) Chapter Seventeen: Industrial Supremacy “Surplus wealth is a sacred trust which its possessor is bound to administer in his lifetime for the good of the community.”

23 Copyright ©2008 by the McGraw-Hill Companies, Inc. Capitalism and Its Critics “The Gospel of Wealth” Gospel of Wealth Horatio Alger Chapter Seventeen: Industrial Supremacy

24 Copyright ©2008 by the McGraw-Hill Companies, Inc. Capitalism and Its Critics Alternative Visions Socialist Labor Party Chapter Seventeen: Industrial Supremacy

25 Copyright ©2008 by the McGraw-Hill Companies, Inc. Capitalism and Its Critics Alternative Visions Socialist Labor Party Henry George’s “Single Tax” Chapter Seventeen: Industrial Supremacy “This association of poverty with progress is the great enigma of our times.” - Henry George

26 Copyright ©2008 by the McGraw-Hill Companies, Inc. Capitalism and Its Critics The Problems of Monopoly Economic Concentration Challenged Chapter Seventeen: Industrial Supremacy Cornelius Vanderbilt (Portrait Gallery)

27 Copyright ©2008 by the McGraw-Hill Companies, Inc. The Ordeal of the Worker The Immigrant Work Force Rapidly Expanding Working Class Inspection Room at Ellis Island, NY (Library of Congress) Chapter Seventeen: Industrial Supremacy

28 Copyright ©2008 by the McGraw-Hill Companies, Inc. The Ordeal of the Worker The Immigrant Work Force Rapidly Expanding Working Class Labor Contract Law Chapter Seventeen: Industrial Supremacy

29 Copyright ©2008 by the McGraw-Hill Companies, Inc. The Ordeal of the Worker Wages and Working Conditions Harsh Working Conditions Chapter Seventeen: Industrial Supremacy

30 Copyright ©2008 by the McGraw-Hill Companies, Inc. The Ordeal of the Worker Wages and Working Conditions Harsh Working Conditions Child Labor Chapter Seventeen: Industrial Supremacy

31 Copyright ©2008 by the McGraw-Hill Companies, Inc. The Ordeal of the Worker Emerging Unionization “Molly Maguires” Chapter Seventeen: Industrial Supremacy

32 Copyright ©2008 by the McGraw-Hill Companies, Inc. The Ordeal of the Worker Emerging Unionization “Molly Maguires” Railroad Strikes of 1877 Chapter Seventeen: Industrial Supremacy Rutherford B. Hayes (Library of Congress)

33 Copyright ©2008 by the McGraw-Hill Companies, Inc. The Ordeal of the Worker The Knights of Labor Terence V. Powderly Chapter Seventeen: Industrial Supremacy

34 Copyright ©2008 by the McGraw-Hill Companies, Inc. The Ordeal of the Worker The AFL Samuel Gompers Chapter Seventeen: Industrial Supremacy “What does labor want? We want more schoolhouses and less jails; more books and less arsenals; more learning and less vice; more leisure and less greed; more justice and less revenge; in fact, more of the opportunities to cultivate our better natures, to make manhood more noble, womanhood more beautiful, and childhood more happy and bright.” -Samuel Gompers

35 Copyright ©2008 by the McGraw-Hill Companies, Inc. The Ordeal of the Worker The AFL Samuel Gompers Haymarket Bombing Chapter Seventeen: Industrial Supremacy

36 Copyright ©2008 by the McGraw-Hill Companies, Inc. The Ordeal of the Worker The AFL Samuel Gompers Haymarket Bombing Labor Discredited Chapter Seventeen: Industrial Supremacy

37 Copyright ©2008 by the McGraw-Hill Companies, Inc. The Ordeal of the Worker The Homestead Strike Henry Clay Frick Chapter Seventeen: Industrial Supremacy Inside the Homestead Plant (Library of Congress)

38 Copyright ©2008 by the McGraw-Hill Companies, Inc. The Ordeal of the Worker The Homestead Strike Henry Clay Frick Government Intervention Chapter Seventeen: Industrial Supremacy

39 Copyright ©2008 by the McGraw-Hill Companies, Inc. The Ordeal of the Worker The Pullman Strike American Railway Union Chapter Seventeen: Industrial Supremacy

40 Copyright ©2008 by the McGraw-Hill Companies, Inc. The Ordeal of the Worker Sources of Labor Weakness Few Gains for Labor Chapter Seventeen: Industrial Supremacy

41 Copyright ©2008 by the McGraw-Hill Companies, Inc. The Ordeal of the Worker Sources of Labor Weakness Few Gains for Labor Sources of Labor Weakness Chapter Seventeen: Industrial Supremacy

42 Copyright ©2008 by the McGraw-Hill Companies, Inc. The Ordeal of the Worker Sources of Labor Weakness Few Gains for Labor Sources of Labor Weakness Capital’s Strength Chapter Seventeen: Industrial Supremacy


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