Southern Paternalism and the American Welfare State: Economics, Politics, and Institutions in the South, 1865–1965 (Political Economy of Institutions and Decisions) - Image 1

£51.00

Cambridge University Press Southern Paternalism and the American Welfare State: Economics, Politics, and Institutions in the South, 1865–1965 (Political Economy of Institutions and Decisions)

Name: Southern Paternalism and the American Welfare State: Economics, Politics, and Institutions in the South, 1865-1965 (Political Economy of Institutions and Decisions)
Brand: Cambridge University Press
Price: 51.0 GBP
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Business & Economic History

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Description

Using institutional economics, Professors Alston and Ferrie show how paternalism in Southern agriculture helped shape the growth of the American welfare state in the hundred years following the Civil War. It was an integral part of agricultural contracts prior to mechanization. Paternalism involved the exchange of 'good and faithful' labour services for a variety of in-kind services, most notably protection from physical violence. The Southern landed elite valued paternalism because it reduced monitoring costs and turnover. Workers valued paternalism because of the lack of civil rights. In order to maintain the value of paternalism to their workers, the agricultural interests needed to prevent meddling from the federal government, which they accomplished through their disproportionate political power. Only the advent of mechanization and complementary technology in the late 1950s and early 1960s finally reduced the desire of Southern agricultural interests to fight the expansion of federal welfare programmes.

Product Specifications

Brand: Cambridge University Press
Format: hardcover
ASIN: 0521622107
Category: Books > Subjects > Business, Finance & Law > Biographies & Histories > Business & Economic History
Domain: Amazon UK
Release Date: 13 January 1999
Listed Since: 27 December 2006

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Cambridge University Press Southern Paternalism and the American Welfare State: Economics, Politics, and Institutions in the South, 1865–1965 (Political Economy of Institutions and Decisions)

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