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Articles 1 - 7 of 7
Full-Text Articles in Economics
A Company Of Shadows: Slaves And Poor Free Menial Laborers In Cumberland County, Maine, 1760 – 1775, Charles P.M. Outwin
A Company Of Shadows: Slaves And Poor Free Menial Laborers In Cumberland County, Maine, 1760 – 1775, Charles P.M. Outwin
Maine History
Although slaves and poor, free menial laborers were by no means a majority of the population in late colonial-era Maine, they represented a culturally and socioeconomically significant part of commercial society there, especially at Falmouth in Casco Bay (now Portland) and in coastal Cumberland County. This essay uncovers the lives of the Falmouth’s small slave population and its larger poor menial laborer population from 1760 up to the port city’s destruction by the British in 1775. The author was granted a Ph.D. in history from the University of Maine in 2009. He is a member of the Maine Historical Society, …
The Bodwell Granite Company Store And The Community Of Vinalhaven, Maine, 1859-1919, Cynthia Burns Martin
The Bodwell Granite Company Store And The Community Of Vinalhaven, Maine, 1859-1919, Cynthia Burns Martin
Maine History
From the late 1850s to the late 1910s, Bodwelll Granite Company on Vinalhaven Island operated a Company Store from which employees could purchase a wide variety of consumer goods. In the early decades of its existence, the Company Store was generally popular with the company’s employees and the island community. Because of certain competitive advantages, and because the company was guaranteed a profit through federal contracts, the company store often had lower prices than its competitors. But by the late nineteenth century, the store’s prices were often higher than its competitors and the store became part of the growing rift …
Capitalism And The Science Of History: Appleby, Marx, And Postmodernism, Patrick D. Anderson
Capitalism And The Science Of History: Appleby, Marx, And Postmodernism, Patrick D. Anderson
Grand Valley Journal of History
Joyce Appleby has written an extensive amount on the origins and development of capitalism, but her work is influenced by her belief that history is a science with at least some objectivity. She rejects Marxism as a relic of past historians with naïve beliefs about finding the laws of nature, but she also rejects postmodern criticisms of history because they undermine any chance for objectivity. Appleby believes the historian can be objective even if politics necessarily colors his or her work. For Appleby, her support of capitalism leads her to make policy recommendations with her historiography, recommendations that change with …
The Gettysburg Economic Review, Volume 6, Spring 2012
The Gettysburg Economic Review, Volume 6, Spring 2012
Gettysburg Economic Review
No abstract provided.
The Rise Of American Industrial And Financial Corporations, Elizabeth A. Laughlin
The Rise Of American Industrial And Financial Corporations, Elizabeth A. Laughlin
Gettysburg Economic Review
This paper identifies and analyzes the steps the United States took in its progression to an industrial nation. Launched by the merger movement in the late nineteenth century, vertical and horizontal integration lead to trusts and monopolies in a number of industries. Simultaneously, the labor market was undergoing a number of reforms with the deskilling of workers. The rise of big business was made possible through the growth of the financial sectors and companies such as J.P Morgan. The case study of The Standard Oil Co. highlights the wealth and power that robber barons such as J.D. Rockefeller held during …
Japan As A Clean Energy Leader, Stefan N. Norbom
Japan As A Clean Energy Leader, Stefan N. Norbom
Gettysburg Economic Review
Over the past several decades, Japan’s energy strategy had positioned it as the world’s leader in clean and efficient electricity production and usage. This strategy, heavily dependent on nuclear energy, was essentially destroyed by one of history’s largest earthquakes, followed by a tsunami which overwhelmed five nuclear reactors on March 11, 2011. As of April 2012, all of Japan’s 54 nuclear reactors have been shut down and it is uncertain when and how many may be restarted. This paper examines Japan’s options for crafting a new way forward with an energy policy to power the world’s third largest economy while …
An Attempt To Reshape Capitalism’S Image, Ross A. Nichols
An Attempt To Reshape Capitalism’S Image, Ross A. Nichols
Gettysburg Economic Review
John Stuart Mill claimed to be a disciple of both Jeremy Bentham and David Ricardo. This was a strange proclamation because each man advocated a competing theory of value; Bentham’s utilitarianism laid the foundation for the utility theory of value and Ricardo developed the labor theory of value. Mill’s goal in attempting to unify these theories of value was to provide a solution for the growing class conflict that plagued capitalism. Class conflict arose as feudalism was phased out and industrial capitalism replaced merchant capitalism as the dominant economic system. The Corn Laws symbolized this competition between classes. Capitalists were …