Talk:A&HH6577/Assignment6

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Contents

Discussion reading for the week

  • Veblen, Thorstein. “Industrial and Pecuniary Employments.” Publications of the American Economic Association. Vol 2, no. 1 (February 1901): 190-235. Online.

Supplementary readings

  • Montgomery, David. “Labor and the Republic in Industrial America: 1860-1920.” Le Mouvement social, no. 111, Georges Haupt parmi nous (June 1980): 201-215. Online.
  • Chandler, Alfred D. “Organizational Capabilities and the Economic History of the Industrial Enterprise.” The Journal of Economic Perspectives. Vol. 6, no. 3 (Summer 1992): 79-100. Online.

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help talk. . . .

A fascinating economic treatise. What begins as a dry glimpse into the differences between pecuniary and industrial capital becomes a glimpse into the inner state of affairs for how social life is changing at a frantic pace during this period. The switch between the ancient way of equaivalent exchange to a wage-earning society is changing how everything works, and even the economists are struggling to find a new way of deriving meaning from this dramatically different world.

jab2210 (Jeff Bremick)

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