The Decline Of The New England Cotton Textile Industry In The 1920s
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Author | : David Higgins |
Publisher | : Routledge |
Total Pages | : 304 |
Release | : 2018-11-09 |
Genre | : Business & Economics |
ISBN | : 1315403641 |
This book examines the decline of the cotton textiles industry, which defined Britain as an industrial nation, from its peak in the late nineteenth century to the state of the industry at the end of the twentieth century. Focusing on the owners and managers of cotton businesses, the authors examine how they mobilised financial resources; their attitudes to industry structure and technology; and their responses to the challenges posed by global markets. The origins of the problems which forced the industry into decline are not found in any apparent loss of competitiveness during the long nineteenth century but rather in the disastrous reflotation after the First World War. As a consequence of these speculations, rationalisation and restructuring became more difficult at the time when they were most needed, and government intervention led to a series of partial solutions to what became a process of protracted decline. In the post-1945 period, the authors show how government policy encouraged capital withdrawal rather than encouraging the investment needed for restructuring. The examples of corporate success since the Second World War – such as David Alliance and his Viyella Group – exploited government policy, access to capital markets, and closer relationships with retailers, but were ultimately unable to respond effectively to international competition and the challenges of globalisation. The chapters in this book were originally published in Business History and Accounting, Business and Financial History.
Author | : David Koistinen |
Publisher | : University Press of Florida |
Total Pages | : 358 |
Release | : 2016-09-22 |
Genre | : History |
ISBN | : 0813059755 |
"Koistinen puts the ‘political’ back in political economy in this fascinating account of New England’s twentieth-century industrial erosion. First-rate research and sound judgments make this study essential reading."--Philip Scranton, Rutgers University--Camden "Well-organized and clearly written, Confronting Decline looks at one community to understand a process that has become truly national."--David Stebenne, Ohio State University "Koistinen’s important book makes clear that many industrial cities and regions began to decline as early as the 1920s."--Alan Brinkley, Columbia University "Sheds new light on a complex system of enterprise that sometimes blurs, and occasionally overrides, the distinctions of private and public, as well as those of locality, state, region, and nation. In so doing, it extends and deepens the insights of previous scholars of the American political economy."--Robert M. Collins, University of Missouri The rise of the United States to a position of global leadership and power rested initially on the outcome of the Industrial Revolution. Yet as early as the 1920s, important American industries were in decline in the places where they had originally flourished. The decline of traditional manufacturing--deindustrialization--has been one of the most significant aspects of the restructuring of the American economy. In this volume, David Koistinen examines the demise of the textile industry in New England from the 1920s through the 1980s to better understand the impact of industrial decline. Focusing on policy responses to deindustrialization at the state, regional, and federal levels, he offers an in-depth look at the process of industrial decline over time and shows how this pattern repeats itself throughout the country and the world.
Author | : Harold Underwood Faulkner |
Publisher | : Routledge |
Total Pages | : 416 |
Release | : 2017-07-28 |
Genre | : Business & Economics |
ISBN | : 1315496593 |
Part of a series of detailed reference manuals on American economic history, this volume traces the development and growth of the factory system, labour movements and foreign and domestic commerce.
Author | : D. T. Jenkins |
Publisher | : Cambridge University Press |
Total Pages | : 546 |
Release | : 2003 |
Genre | : Business & Economics |
ISBN | : 9780521341073 |
Author | : Beth Anne English |
Publisher | : University of Georgia Press |
Total Pages | : 249 |
Release | : 2010-01-25 |
Genre | : Business & Economics |
ISBN | : 0820336696 |
With important ramifications for studies relating to industrialization and the impact of globalization, A Common Thread examines the relocation of the New England textile industry to the piedmont South between 1880 and 1959. Through the example of the Massachusetts-based Dwight Manufacturing Company, the book provides an informative historic reference point to current debates about the continuous relocation of capital to low-wage, largely unregulated labor markets worldwide. In 1896, to confront the effects of increasing state regulations, labor militancy, and competition from southern mills, the Dwight Company became one of the first New England cotton textile companies to open a subsidiary mill in the South. Dwight closed its Massachusetts operations completely in 1927, but its southern subsidiary lasted three more decades. In 1959, the branch factory Dwight had opened in Alabama became one of the first textile mills in the South to close in the face of post-World War II foreign competition. Beth English explains why and how New England cotton manufacturing companies pursued relocation to the South as a key strategy for economic survival, why and how southern states attracted northern textile capital, and how textile mill owners, labor unions, the state, manufacturers' associations, and reform groups shaped the ongoing movement of cotton-mill money, machinery, and jobs. A Common Thread is a case study that helps provide clues and predictors about the processes of attracting and moving industrial capital to developing economies throughout the world.
Author | : United States. Congress. House. Committee on Labor |
Publisher | : |
Total Pages | : 618 |
Release | : 1937 |
Genre | : Textile industry |
ISBN | : |
Author | : |
Publisher | : |
Total Pages | : 520 |
Release | : 1922 |
Genre | : Art |
ISBN | : |
Author | : United States. Congress. House. Committee on Labor |
Publisher | : |
Total Pages | : 604 |
Release | : 1937 |
Genre | : |
ISBN | : |
Author | : Jefferson Cowie |
Publisher | : Cornell University Press |
Total Pages | : 396 |
Release | : 2003 |
Genre | : Business & Economics |
ISBN | : 9780801488719 |
Author | : Els Hiemstra-Kuperus |
Publisher | : Routledge |
Total Pages | : 861 |
Release | : 2016-04-01 |
Genre | : History |
ISBN | : 1317044290 |
This impressive collection offers the first systematic global and comparative history of textile workers over the course of 350 years. This period covers the major changes in wool and cotton production, and the global picture from pre-industrial times through to the twentieth century. After an introduction, the first part of the book is divided into twenty national studies on textile production over the period 1650-2000. To make them useful tools for international comparisons, each national overview is based on a consistent framework that defines the topics and issues to be treated in each chapter. The countries described have been selected to included the major historic producers of woollen and cotton fabrics, and the diversity of global experience, and include not only European nations, but also Argentina, Brazil, China, Egypt, India, Japan, Mexico, Turkey, Uruguay and the USA. The second part of the book consists of ten comparative papers on topics including globalization and trade, organization of production, space, identity, workplace, institutions, production relations, gender, ethnicity and the textile firm. These are based on the national overviews and additional literature, and will help apply current interdisciplinary and cultural concerns to a subject traditionally viewed largely through a social and economic history lens. Whilst offering a unique reference source for anyone interested in the history of a particular country's textile industry, the true strength of this project lies in its capacity of international comparison. By providing global comparative studies of key textile industries and workers, both geographically and thematically, this book provides a comprehensive and contemporary analysis of a major element of the world's economy. This allows historians to challenge many of the received ideas about globalization, for instance, highlighting how global competition for lower production costs is by no means a uniquely modern issue, and has b