Wagner's Legacy in America: Re-Opening Farnam's Inquiry

1999 ◽  
Vol 21 (3) ◽  
pp. 289-310 ◽  
Author(s):  
Benny Carlson

The continual interaction between economic change and economic policies designed to manage or guide this change seldom finds such dramatic expression as when one type of economy replaces another, e. g., when the industrial economy replaces the agrarian or is in turn supplanted by the “post-industrial” economy.Thus, when the American economy was in the thick of its industrial revolution during the decades around the turn of this century, it was subjected to a series of government interventions the lowest common denominator of which has been summarized in the title of a book by Morton Keller, Regulating a New Economy (1996). In the United States as in all other countries, these interventions consisted of a glorious jumble of attempts to solve problems as they arose, of “bespoke jobs” in response to diverse economic interests, and of sundry ideologically-motivated efforts to move events in particular directions.

Author(s):  
Alexandra Guisinger

Chapter 1 provides an overview of the book and its two interwoven puzzles: what are the predictors of Americans’ trade preferences in today’s post-industrial economy, and why do so few politicians attempt to take advantage of these preferences? After providing historical context for American trade policy, the chapter outlines an answer: that the changing American economy has untethered traditional sources of trade sentiment, resulting in diverse, countervailing, and difficult to mobilize sources of trade sentiment. As a result, in most political districts, discussion of trade has fallen by the wayside; and trade policy is increasingly being formulated and conducted outside of standard systems of voter-driven accountability. The chapter places this new argument in the context of existing literature on the domestic and international politics of trade policy and provides a chapter by chapter summary of the book.


Author(s):  
Vladimir KONDRATEV

According to conventional wisdom accepted at the end of the 20th century, the United States had to move to a "post-industrial" economy, transfer production offshore and concentrate on research, software and finance. However, over time, real national costs of that strategy have become obvious. Not only has the U.S. manufacturing sector lost 5 million jobs in 20 years. Its persistent pattern of weakness is indicated by weak productivity growth, production increases in just a few industries, decreasing numbers of small and medium-sized enterprises, shortages of skilled personnel, expanding trade deficits in advanced technologies and increased risks for defense sector.


2021 ◽  
Vol 13 (3-1) ◽  
pp. 176-187
Author(s):  
Maria Kondratyeva ◽  

The article explores the idea of social progress in the context of the history of human society. The author considers the concept of progress in interrelation with the three revolutions. The first revolution was an agrarian one, which established the dominant religious consciousness and dependence on the divine intervention. Accordingly, the idea of progress as opposed to the perfection of God was not dominant. The world of nature is born, develops, and dies. This approach prevailed for about seven thousand years: from the first civilizations to the XV - XVIII centuries. According to the Judeo-Christian tradition, after the fall, the world fell away from God. This understanding corresponds to the primordial approach and is also opposite to the idea of progress. In the Renaissance, the secularization of consciousness and culture begins. Culture and values are formed on the basis of religious Judeo-Christian values, but a man becomes the bearer and guarantor of these values. The ideas of humanism and worshipping of a human being as the main creator are reflected in philosophy, art, and painting. In accordance with this approach, the idea of progress is born. The idea of progress is fully formed and takes possession of the masses in the age of Enlightenment. During this period, the industrial revolution is taking place. In European culture, the primacy of rationality, machine labor and equality is asserted. But at the same time, the industrial revolution entailed many social crises that are still relevant today. The United States and Europe were gradually able to overcome the challenges of the industrial revolution and create a system of “capitalism with a human face”, while partially imposing their system on other countries where production is cheaper. Therefore, the problems of the so-called “wild capitalism” still take place in the third world countries. By the middle of the XX century, science became the leading factor in manufacturing. Society is changing from industrial to post-industrial. The article focuses on the problems and opportunities of the modern post-industrial society with all the accumulated baggage of the previous stages of development. Humanity has achieved great technological success, and the scientific and technological revolution has brought material benefits to society. But at the same time, the consumer society creates many problems. What is progress in the context of modern discourse? The answer to this question is the purpose of this article.


2005 ◽  
Vol 3 (1) ◽  
pp. 38-49 ◽  
Author(s):  
Gerard Macdonald

English schools have always been involved with the economy of their time, but it was not until the mid-nineteenth century that schooling for the poor became primarily an adjunct of industry, rather than of the Church. This industrial style of education, preparation for the production line, still informs the school system, though Britain is no longer primarily an industrial country, but one moving toward a post-industrial economy. Such a ‘new economy’ will almost certainly be dependent on the production of new, or renewed, knowledge; and thus on the creativity and innovative capacity of its workers, and on their ability to continue learning throughout life. To foster these qualities, our school system – designed for quite different purposes – will have to undergo significant change. It will need a rethinking of what is meant by learning; a forward-looking and individualised curriculum (though not necessarily one that is centrally mandated); a new involvement with economic growth areas; and a quite different approach to networked technologies. Like any conservative institution, British schools tend to resist proposals for radical renewal, and that resistance is now, and will be in future, supported by an influential group of parents. But the school system's political paymasters have traditionally seen schooling as an instrument of economic growth. Since schools are not well fitted to serve a nascent knowledge economy, at some point there are likely to be radical changes to their practice.


Author(s):  
Muhammet Ali Köroğlu ◽  
Cemile Zehra Köroğlu

There are turning points in human history changed the destiny of humanity: Representing the transition from hunting-gathering to agriculture, Agricultural Revolution or the Neolithic Revolution. French Revolution that took place in 18th century and the Industrial Revolution providing the transition from the agricultural economy to industrial economy. From 19th century, Information Revolution, the whole world has experienced the effects of it in varying degrees. Information Science and technologies have become areas that their communities give the greatest importance for them and they make maximum investments to them in the globalized world conditions. As Daniel Bell describes, Industrial society left its place to Post-industrial society which is an Information society in a sense.


Author(s):  
Evgeny Khoroshilov

In the XXI century, there is a slight decline in the importance of the United States for Canada as an economic partner, but the United States remain the main external force influencing the development of the Canadian economy. Canada is interested in unhindered access of its goods to the American market, free flow of capital between the two countries, the development of North American economic integration and, most importantly, in sustainable economic growth in the United States. If the economic policy of the Joe Biden administration ensures the dynamic development of the American economy, then this will have a positive impact on the Canadian economy. At the same time, a number of provisions of Biden's economic strategy, such as raising the corporate income tax, strengthening control over mergers and acquisitions, and the "Buy American" policy, contradict Canadian economic interests. At first glance, the Biden administration's commitment to combating climate change is also negative for Canada. However, a number of Canadian stakeholders may also become beneficiaries of the new "green" course of the American economy. In general, the Canadian establishment believes that Canada’s national interests are in further integration of the US and Canadian economies. The Biden administration's tenure in the White House is unlikely to be an obstacle to this process.


Author(s):  
Michael Cox

This chapter focuses on the American political economy from the colonial period to Donald Trump. In particular, it examines how the United States emerged from being a predominantly agricultural country to the wealthiest economic power in the world. The chapter first considers America’s economic rise before independence before discussing the role played by economic factors in sparking war between Great Britain and American colonists. It then looks at America’s dramatic economic growth between formal independence and World War I, as well as through the post-war period. It also analyses the American political economy under Bill Clinton and how his economic policies — and those of his successor George W. Bush — contributed to the great economic crash of 2008. It also explores the major economic reasons that accounted for Trump’s victory in the 2016 presidential election and concludes with an overview of how the American economy has been impacted by globalization.


Author(s):  
Craig M. Newman

As the United States grapples with the changing realities associated with a rapidly post-industrial economy, the need for a robust postsecondary educational structure is taking on an outsized importance for social and societal viability. While the need to augment and prepare current and future workforces is apparent, the best practices and ideas for what is needed, who needs it, and how to deliver the needed educational undergirding for a transformative workforce are less certain. The existing paradigms of higher education—be they college- or vocation-oriented—are struggling to maintain relevance in serving a student consumer for whom traditional education models are less relevant and often too slow to adapt to the demands of a changing work environment.


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