Description: 100 years ago this week, on November 23, 1921, the first US government attempt at a modest social welfare program (focused on maternal and infant health) became law. Reactionary forces unraveled it by 1929, but it was influential regardless. Bill and Rachel discuss.
Unlocked from our Patreon: Bill and Rachel discuss turn-of-the-century Toledo mayor and progressive industrialist Samuel Milton “Golden Rule” Jones and reflect on the limitations of his popular but unusual brand of Christian socialism made possible by his oil money. (New episodes return soon!)
Unlocked from our Patreon: Bill and Rachel examine the evolution of the US timber industry during the Second Industrial Revolution away from raw material supply to mass-produced, manufactured forest products.
Unlocked Patreon episode: In the early 19th century, the New England region of the United States emerged as the global leader of a lucrative new industry that would change the world: Harvesting and transporting ice from ponds and rivers. Nate and Bill discuss.
The 5th part of our miniseries on money itself during the 2nd Industrial Revolution in the US. Bill and Rachel look at the ideology of consumer finance, the rise of home and auto loans, and how the seeds of the 21st century financialization were planted long ago.
The 4th part of our miniseries on money itself during the 2nd Industrial Revolution in the US. Bill and Rachel look at the political battles over silver coinage and the gold standard and why neither position makes sense in hindsight.