Gabriel Kolko (ONTENTS Introduction 1 ONI! Moreover, the triumph of conservatism that I will describe in detail throughout this book was the result not of any. Edward C. Kirkland; The Triumph of Conservatism: A Reinterpretation of American History, – By Gabriel Kolko. (New York: Free Press of Glencoe. The Triumph of Conservatism: A Reinterpretation of American History,. By Gabriel Kolko. (New York: The Free Press of Glen- coe, pp.

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The Triumph of Conservatism: A Reinterpretation of American History, 1900–1916

Over the next decade the number increased steadily to refiners. The “national progressivism” that Kolko attacks consedvatism, in his own words, “the defense of business against the democratic ferment that was nascent in the states. After the possibility of patent exclusion and market growth became too great an attraction to resist, and the system largely col- lapsed.

Industrial Commission studied a sample with an average market share of 71 per cent.

Gabriel Kolko – Wikipedia

An Environmental History since It was easier for the large packers to obtain railroad rebates on large shipments than to try to have the consumer pay for allegedly greater than average profits. Standard attained its control of the refinery business primarily by mergers, not price wars, and most refinery owners were anxious to sell out to it.

Moreover, Roosevelt filed only three antitrust suits intwo inand one in This is a sort of latter-day manifest destiny. In a spiralling market for oil such as existed from the turn of the century conservqtism, Standard, conservative and technologically uncreative, was no match for the aggressive tirumph competitors.

Forexample, it ish,ardly a”commonly held conception” thattheyoung Theodore Roosevelt wasan anticorporate radical bidinghistime untilhewasPresident Ford, conservqtism the meantime, ignored the patent and in helped form a new competitive association. In every case, however, Morgan sought to obtain substantial, if not total, managerial control or board represen- tation.

The needs of the economy were such, of course, as to demand federal as opposed to random state economic regulation. Interesting take on the progressive era, but too clouded by Kolko’s 60s world view. The American Bridge Company followed suit, National Steel began preparing for its own production, and Federal Consrvatism indicated its interest in beginning to produce wire goods.


At the same time, however, A. It made no progress getting through the House Committee on Interstate and Ov Commerce until January,shortly after Perkins took up the task.

Politics, Conflicts, and Society since To purchase short term access, please sign in to your Oxford Academic account above. Rebating left Standard naked before public attacks and accu- sations, and the company became the focus, standing almost alone, of a substantial part of the antimonopoly sentiment at the end of the nineteenth and beginning of the twentieth century.

Frick, anticipating that the overcapitalization and the new managers might ruin U. It also winds up feeling l This book has a very interesting premise and it somewhat delivers.

After Alfred Sloan, an engineer, took over as G. The idea was not par- ticularly controversial and was especially welcomed by advocates of ex- panded foreign trade; only lethargy and a desire to reduce expenditures prevented earlier action. Even if organized corporate and government research and development now dominates the field, and many private patents are purchased just to be suppressed, or are infringed merely because most private inventors are economically helpless, enough individuals were able to break into established fields, or to create entirely new ones, to make a significant economic difference.

It is not true that as the rich have grown richer the poor have grown poorer. The various Harvard University Libraries provided not only admirable working facilities but also a congenial climate and stimulating friends. Moreover, in the Gulf and Texas mens, as well as in the California and the midcontinent fields, large Independent producers had made sufficiently large fortunes to move inti refining. More important, from to only eight industries accounted for 77 per cent of the merger capitalizations and 68 per cent of the net firm disappearances.


Political conservatism started aroundnot before. It was this tacit ac- ceptance of a theory directed toward redressing the existing balance of social and economic power via political means that meant that, on an analytical basis at least, the probably most sophisticated group of American economic thinkers accepted the same fundamental premises on the nature of the industrial structure as most major businessmen.

They were more likely than not unable conservafism compete successfully or hold on to their share of the market, and this fact became one of utmost political importance. Sign in via your Institution Sign in.

Rockefeller in July, The lesson of the trust, how to secure the greatest satisfaction for the least expenditure of human energy, is too good to be lost. The growth in the number of individual patents issued until the peak year of indicates that innovation was very much a part of the American economy and technology until World War I.

In this study I shall attempt to treat the Progressive Era as an Interrelated and, I hope, explicable whole, set in the context of the nature and tendencies of the economy. The authordoes notpersuade thisreviewer. Monopoly and business cooperation were raised to the pinnacle of desired goals at the very time that popular and aca- demic advocates of conservative Social Darwinism were attempting to utilize the doctrines of Herbert Spencer and William Graham Sumner ns u justification of the existing distribution of economic power and Inissez faire.

The distinction is not merely important to American economic history, it is vital for the under- standing of the political history of the period.