After this event, labor unions including the knights of labor were torn apart. This was important to big businesses because they had a handle on the actions of citizens once again. With laborers knowing death was a possibility of resistance, they backed down. Conditions of living were just as bad as in the workplace, as Jacob Riis, a muckraker, expressed through his writing. Riis, an immigrant from Denmark, wrote about the filthy slums immigrants were forced to live in because of the unfair wages.
The minimum wage should not be raised because it would increase the price for the consumer, it could harm the small businesses of America, and it could cause millions of minimum wage workers to be laid off. If the minimum wage were to increase, consumers could see a rise in prices in their products. A majority of minimum wage workers are in a high competitive market, where the companies make smaller profit. In order for companies to
Frick hired the Pinkertons, a private army, to attack the workers. The Pinkertons fired upon the workers, and many of the workers tried to run many were shot and severely injured and nine were killed in this demonstration of profits over people attitude. One worker that survived the strike said “It was a place of torment. Men were lying around wounded and bleeding and piteously begging for someone to give them a drink of water, but no one dared to give them a drop, although water was all around us…” Often workers would say that if Carnegie knew what was going on inside his mills, he would be horrified. In reality, he was well aware of what went on and just didn’t care.
He ruthlessly drove his competitors out of business to gain all control. Rockefeller knew that if he built a substantial pipeline to transfer his oil, he would be able to cut the railroad industry out for good. Soon, that’s exactly what Rockefeller had accomplished. On the other hand, you could contend my point by arguing that Rockefeller’s invention provided jobs to people, as it grew. However, by him creating that pipeline, it caused the railroad companies to crash the stock market and several people lost their jobs because of it, known as the Panic of 1873.
Robert Reich’s ‘Saving Capitalism’ Robert Reich’s concern with capitalism is that we may be coming too top heavy that capitalism cannot be sustained. This meaning these large corporations and wealthy individuals are controlling the market too much. It is only a matter of time before it all collapses. Robert Reich points out the reason why capitalism is declining in this country is because, the upper class is controlling the market, the middle class is shrinking, and wages have been stagnated for a couple decades. Since the upper class is controlling the market, they make sure the market will work in their favor, and not for the rest of the population.
One of the cons to increasing the minimum wage is that it helps larger corporations and hurts smaller businesses, therefore, competition is decreased. The bigger companies use raising wages acts as a barrier to entry to new business entering the market and create a monopoly for larger companies who have more profits to afford the increase. An example of this is Wal-Mart, who can afford to pay employees nine dollars and twenty cents an hour but a little store such as Meijer 's who does not make as much profit would limit their hiring of new employees and would cut hours to compensate. A family store might decide that the cost of entering the market is too high to endure as they build up their clientele and develop their business they decide not
They believed trusts and monopolies eliminated competition which wasn’t fair to smaller business owners. However, using trusts and monopolies granted a business leader to gain control of a larger area. Competition ruined businesses and it took away people’s jobs because they were always going against each other. Losing small businesses was a small price to pay for the large growth of America during this time. Having control of a larger area allowed new jobs to from, reduction of goods prices, and it built up the economy.
This time called for the elimination of monopolies, and by doing so, competition increases and the power of the business elite decreases. With a rising middle class living in fear of the controlling and powerful business elite and political machines, the government needed to intervene. Therefore, in the late 1890’s the government passed the Sherman Antitrust Act which banned industrial monopolies that limited competition. The law sought to increase competition of the sale of items and goods, thereby helping the middle and lower classes earn money without fear of dominance of the wealthy elite and trusts. However, the act had little effect because the wording was so vague.
If he coulda use his feet, Smitty says he woulda killed the nigger” (Steinbeck 20). Steinbeck shows that everyone tried to put Crooks down and they use offensive word “nigger” to describe him. The worker name Smitty, even tries to kill him. Crooks have harsh life on the ranch. This quote reveals about social injustice in society during the 1930s that being from different race at that time was harmful to survival.
The industrial revolution took place in the 18th century and carried into the 19th century. During these times, more and more machines were introduced to replace labor by hand. Daily life was improved for thousands of people across the country. But along with these new machines came many negatives, as well as positives. In the following paragraphs, these examples will be listed.