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Manufacturing Catastrophe: Massachusetts and the Making of Global Capitalism, 1813 to the Present

Autor Shaun S. Nichols
en Limba Engleză Paperback – 25 apr 2024
American economic history has traditionally been told as a narrative of industrialization and affluence collapsing into globalization and industrial decay. Offering a reappraisal of this pattern, Manufacturing Catastrophe traces the successive rise and fall of the whaling, textile, garment, electronics, and high-tech industries in Massachusetts over the past two hundred years. It shows how business, labor, and political leaders repeatedly mobilized the lure of crisis—cheap labor, low taxes, and generous manufacturing subsidies—to pull and push both capital and workers across the continents, repeatedly remaking the pioneering industrial cities of Fall River and New Bedford. Workers—ranging from migrating Azorean seamen to British weavers to Quebecois farmers—and capitalists—including mobile manufacturers, globetrotting whalers, and multinational conglomerators—participated in the creation of regional growth and, with it, American industrial ascendance. Exploring the paradoxical and recurring coexistence of high unemployment and labor shortages in these cities, this book explains why recovery and growth have not necessarily translated into long-term prosperity. In doing so, it illuminates how economic catastrophe was, ironically, a critical ingredient in the making of America's industrial hegemony.
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Specificații

ISBN-13: 9780197665329
ISBN-10: 0197665322
Pagini: 384
Ilustrații: 10 black and white halftones
Dimensiuni: 226 x 163 x 36 mm
Greutate: 0.54 kg
Editura: Oxford University Press
Colecția OUP USA
Locul publicării:New York, United States

Recenzii

A myth-busting, fresh look at America's long, unhappy romance with low-road capitalism. Nichols reveals the devastating boom and bust cycles of economic change as New Bedford and Fall River moved from whaling to textile to service. Yet his affecting portrait of small-town resilience and worker tenacity points toward a different future-and toward new models of growth premised on prosperity and stability.
Challenging a simplistic narrative of post-industrial decline, Nichols offers a sweeping, two-century history of two ordinary cities made and remade by the crises of global capitalism. Rather than a single rise, or fall, Nichols shows how booms and busts cascade over the centuries through waves of new migrations.
In this elegantly written, thoughtful first book, Nichols presents a micro-study of the New Bedford-Nantucket region in Massachusetts as it passed through several stages of industrialization between 1800 and 2020.
thoroughly researched and well argued.

Notă biografică

Shaun S. Nichols is an Assistant Professor of History at Boise State University. He is a native of Fall River, Massachusetts.