As an early group of 19th century Boston investors became even richer with less effort, via textile production, and as society became more alienated, they turned from charity to philanthropy to protect their power (and to have something to do). [Continued from part I.]
In the 1810s, a close-knit group of rich investors based in Boston decided to adopt and adapt emerging industrial capitalism, via the textile industry, in a way that would preserve and grow their existing wealth and power. The Waltham-Lowell System was born.
To prepare for a series on early industrial Massachusetts we’re unlocking this episode from Patreon: Bill and Rachel examine what an 1842 Massachusetts court decision can tell us about the process of industrialization and the emergence of labor unions and what parallels we can draw for modern gig workers.
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.
Description: One hundred years ago this week, Sacco and Vanzetti were unjustly convicted on first-degree murder charges in Massachusetts. We discuss the centennial and re-air part of a 2019 episode exploring the misunderstood context of Italian-American anarchism in 1921.