Skip to main content Accessibility help
×
Hostname: page-component-76fb5796d-5g6vh Total loading time: 0 Render date: 2024-04-29T02:26:19.934Z Has data issue: false hasContentIssue false

8 - Corporate America

from BECOMING MULTICULTURAL: CULTURE, ECONOMY, AND THE NOVEL, 1860–1920

Published online by Cambridge University Press:  28 March 2008

Sacvan Bercovitch
Affiliation:
Harvard University, Massachusetts
Get access

Summary

In his widely influential Business Cycles: A Theoretical, Historical, and Statistical Analysis of the Capitalist Process (1939), Joseph Schumpeter observed, “It was not enough to produce satisfactory soap, it was also necessary to induce people to wash.” During the post-Civil War era Americans were induced to wash. The rise of big business and the extraordinary expansion of the American economy between 1860 and 1920 were facilitated by several factors. Between 1860 and 1900, 676, 000 patents were granted by the US Patent Office, spurred in part by the development of steel production and the application of electricity to industry. The dramatic influx of new inventions supplied techniques for converting the nation's vast natural resources into manufactured products. Long before Standard Oil, there was the American railroad; organized in the 1830s and 1840s, by the 1890s there were over 200,000 miles of track throughout the country. The national railroad educated employees, Andrew Carnegie as well as unionized workers, in the methods of big business, while transporting people and products to growing domestic and foreign markets. America's economy could not have developed as it did in the nineteenth century without the continual renewal of the American labor supply by immigrants who came for economic opportunity and helped to perpetuate economic growth. From 1800 to 1900 America was transformed into a mass society (its population increasing from 5.3 million to 76 million) distinguished by its astonishing diversity unequalled by any other nation in the world.

Type
Chapter
Information
Publisher: Cambridge University Press
Print publication year: 2005

Access options

Get access to the full version of this content by using one of the access options below. (Log in options will check for institutional or personal access. Content may require purchase if you do not have access.)

Save book to Kindle

To save this book to your Kindle, first ensure coreplatform@cambridge.org is added to your Approved Personal Document E-mail List under your Personal Document Settings on the Manage Your Content and Devices page of your Amazon account. Then enter the ‘name’ part of your Kindle email address below. Find out more about saving to your Kindle.

Note you can select to save to either the @free.kindle.com or @kindle.com variations. ‘@free.kindle.com’ emails are free but can only be saved to your device when it is connected to wi-fi. ‘@kindle.com’ emails can be delivered even when you are not connected to wi-fi, but note that service fees apply.

Find out more about the Kindle Personal Document Service.

  • Corporate America
  • Edited by Sacvan Bercovitch, Harvard University, Massachusetts
  • Book: The Cambridge History of American Literature
  • Online publication: 28 March 2008
  • Chapter DOI: https://doi.org/10.1017/CHOL9780521301077.021
Available formats
×

Save book to Dropbox

To save content items to your account, please confirm that you agree to abide by our usage policies. If this is the first time you use this feature, you will be asked to authorise Cambridge Core to connect with your account. Find out more about saving content to Dropbox.

  • Corporate America
  • Edited by Sacvan Bercovitch, Harvard University, Massachusetts
  • Book: The Cambridge History of American Literature
  • Online publication: 28 March 2008
  • Chapter DOI: https://doi.org/10.1017/CHOL9780521301077.021
Available formats
×

Save book to Google Drive

To save content items to your account, please confirm that you agree to abide by our usage policies. If this is the first time you use this feature, you will be asked to authorise Cambridge Core to connect with your account. Find out more about saving content to Google Drive.

  • Corporate America
  • Edited by Sacvan Bercovitch, Harvard University, Massachusetts
  • Book: The Cambridge History of American Literature
  • Online publication: 28 March 2008
  • Chapter DOI: https://doi.org/10.1017/CHOL9780521301077.021
Available formats
×