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Crisis Capital: Industrial Massachusetts and the Making of Global Capitalism, 1865–Present

Published online by Cambridge University Press:  14 November 2017

SHAUN S. NICHOLS
SHAUN S. NICHOLS*
Affiliation:
Shaun S. Nichols is a College Fellow and a lecturer in History at Harvard University. Starting in fall 2018, he will be an assistant professor of History at Boise State University. E-mail: snichols@fas.harvard.edu
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Type
Dissertation Summaries
Information
Enterprise & Society , Volume 18 , Issue 4 , December 2017 , pp. 795 - 809
Copyright
Copyright © The Author 2017. Published by Cambridge University Press on behalf of the Business History Conference. All rights reserved. 

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References

Bibliography of Works Cited

Beckert, Sven. Empire of Cotton: A Global History. New York: Knopf, 2014.Google Scholar
Bell, Daniel. The Coming of Post-Industrial Society: A Venture in Social Forecasting. New York: Basic Books, 1976.CrossRefGoogle Scholar
Bernstein, Irving. The Lean Years: A History of the American Worker, 1920–1933. Reissue 2010. Chicago: Haymarket Books, 1969.Google Scholar
Bluestone, Barry, and Harrison, Bennett. The Deindustrialization of America: Plant Closings, Community Abandonment, and the Dismantling of Basic Industry. New York: Basic Books, 1982.Google Scholar
Cowie, Jefferson R. Capital Moves: RCA’s 70–Year Quest for Cheap Labor. New York: New Press, 2001.Google Scholar
Creighton, Margaret S. Rites and Passages: The Experience of American Whaling, 1830–1870. Cambridge, UK: Cambridge University Press, 1995.Google Scholar
Davis, Lance. In Pursuit of Leviathan: Technology, Institutions, Productivity, and Profits in American Whaling, 1816–1906. Chicago: University of Chicago Press, 1997.CrossRefGoogle Scholar
Doherty, Barbara. The Struggle to Save Morse Cutting Tool: A Successful Community Campaign. North Dartmouth, MA: Arnold M. Dubin Labor Education Center, Southeastern Massachusetts University, 1986.Google Scholar
Dublin, Thomas Louis. Women at Work: The Transformation of Work and Community in Lowell, Massachusetts, 1826–1860, 2nd ed. New York: Columbia University Press, 1981.Google Scholar
English, Beth. A Common Thread: Labor, Politics, and Capital Mobility in the Textile Industry. Athens, GA: University of Georgia Press, 2006.Google Scholar
Forrant, Robert. Metal Fatigue: American Bosch and the Demise of Metalworking in the Connecticut River Valley. Amityville, NY: Baywood Publishing Co., 2009.Google Scholar
Harvey, David. Spaces of Capital: Towards a Critical Geography. New York: Routledge, 2001.Google Scholar
Harvey, David. The Limits to Capital. Chicago: The University of Chicago Press, 1982.Google Scholar
Hathaway, Horatio. A New Bedford Merchant: Being Notes Taken from Records in the Office of the Late Thomas Schuyler Hathaway, A Successful Shipowner of the Nineteenth Century. Boston: D. B. Updike, the Merrymount Press, 1930.Google Scholar
High, Steven C., and Lewis, David W. Corporate Wasteland: The Landscape and Memory of Deindustrialization. Ithaca, NY: Cornell University Press, 2007.Google Scholar
Hobsbawm, Eric. The Age of Extremes: A History of the World, 1914–1991. New York: Vintage, 1996.Google Scholar
Kilpatrick, Andrew. Of Permanent Value: The Story of Warren Buffett. Birmingham, MI: Andy Kilpatrick Publishing Empire, 1994.Google Scholar
Koistinen, David. Confronting Decline: The Political Economy of Deindustrialization in Twentieth-Century New England. Gainesville: University Press of Florida, 2014.Google Scholar
Lampe, David, ed. The Massachusetts Miracle: High Technology and Economic Revitalization. Cambridge, MA: MIT Press, 1988.Google Scholar
Marx, Karl. Grundrisse: Foundations of the Critique of Political Economy. Translated by Nicolaus, Martin. London: Penguin Classics, 1993.Google Scholar
Minchin, Timothy J. Empty Mills: The Fight Against Imports and the Decline of the U.S. Textile Industry. Lanham, MD: Rowman & Littlefield Publishers, 2013.Google Scholar
Mulderink, Earl F. New Bedford’s Civil War. New York: Fordham University Press, 2012.CrossRefGoogle Scholar
Pease, Zephaniah W. History of New Bedford. The Lewis Historical Publishing Company, 1918.Google Scholar
Representative Men and Old Families of Southeastern Massachusetts , vol. 3. Chicago: J. H. Beers & Co., 1912.Google Scholar
Schumpeter, Joseph A. Capitalism, Socialism and Democracy. Mansfield Centre, CT: Martino Fine Books, 2010.CrossRefGoogle Scholar
Skrabec, Quentin R. The Fall of an American Rome: Deindustrialization of the American Dream. New York: Algora Publishing, 2014.Google Scholar
Stein, Judith. Pivotal Decade: How the United States Traded Factories for Finance in the Seventies. New Haven, CT: Yale University Press, 2010.Google Scholar
Stein, Judith. Running Steel, Running America: Race, Economic Policy and the Decline of Liberalism. Chapel Hill: University of North Carolina Press, 1998.Google Scholar
Sugrue, Thomas J. The Origins of the Urban Crisis: Race and Inequality in Postwar Detroit, rev. ed. Princeton, NJ: Princeton University Press, 2005.Google Scholar
Warrin, Donald. So Ends This Day: The Portuguese in American Whaling, 1765–1927. Dartmouth: University of Massachusetts–Dartmouth, 2010.Google Scholar
Wolfbein, Seymour Louis. The Decline of a Cotton Textile City: A Study of New Bedford. New York: Columbia University, 1944.CrossRefGoogle Scholar
Brady, David, Beckfield, Jason, and Zhao, Wei. “The Consequences of Economic Globalization for Affluent Democracies.” Annual Review of Sociology 33 (January 2007): 313–334.Google Scholar
Ferguson, Ronald F., and Ladd, Helen F.. “Massachusetts.” In The New Economic Role of American States: Strategies in a Competitive World Economy, edited by Scott Fosler, R., 21–90. New York: Oxford University Press, 1988.Google Scholar
Galenson, Alice Carol. “The Migration of the Cotton Textile Industry from New England to the South, 1880 to 1930.” PhD diss., Cornell University, 1975.Google Scholar
Georgianna, Daniel. “The Call for Capital.” Spinner: People and Culture in Southeastern Massachusetts 4 (1988): 182–189.Google Scholar
Henry, Robert A. “Workplace in Exile.” Spinner: People and Culture in Southeastern Massachusetts 4 (1988): 190–200.Google Scholar
McMullin, Thomas Austin. “Industrialization and Social Change in a Nineteenth Century Port City: New Bedford, Massachusetts, 1865–1900.” PhD diss., University of Wisconsin–Madison, 1977.Google Scholar
Nichols, Shaun S. “Crisis Capital: Industrial Massachusetts and the Making of Global Capitalism, 1865–Present.” PhD diss., Harvard University, 2016.CrossRefGoogle Scholar
Prude, Jonathan. “Capitalism, Industrialization, and the Factory in Post-Revolutionary America.” Journal of the Early Republic 16, no. 2 (1996): 237–55.CrossRefGoogle Scholar
Rothenberg, Winifred Barr. “The Invention of American Capitalism: The Economy of New England in the Federal Period.” In Engines of Enterprise: An Economic History of New England, edited by Temin, Peter, 69–108. Cambridge, MA: Harvard University Press, 2000.Google Scholar
Taber, Edgar F Jr.. “Condensed Data Relating to the New Bedford Cotton Mills.” Old Dartmouth Historical Sketch, no. 67 (November 1937).Google Scholar
Temin, Peter. “Product Quality and Vertical Integration in the Early Cotton Textile Industry.” Journal of Economic History 48, no. 4 (1988): 891–907.CrossRefGoogle Scholar
Boston American Google Scholar
Harper’s Magazine Google Scholar
Industry Google Scholar
Standard Times (New Bedford, MA) Google Scholar
The Day (New London, CT), Google Scholar
The New York Times Google Scholar
The Wall Street Journal Google Scholar
Records of the Consumers’ League of Massachusetts, 1891–1955, Arthur and Elizabeth Schlesinger Library on the History of Women in America, Radcliffe Institute for Advanced Study, Harvard University, Cambridge, MA.Google Scholar
Charles, W. Morgan Business Records, Baker Library Historical Collections, Harvard Business School, Boston, MA.Google Scholar
Oral History Project, 1987–1990 Ferreira Mendes Portuguese American Archives, Archives and Special Collections, University of Massachusetts–Dartmouth Library, Dartmouth, MA.Google Scholar
Mayor Ashley Scrapbooks, New Bedford Free Public Library, New Bedford, MA.Google Scholar
New Bedford Whaling Museum Research Library, New Bedford, MA.Google Scholar
AVX. “Tantalum Capacitors.” http://www.avx.com/products/tantalum Google Scholar
Berkshire Hathaway Inc. “To the Shareholders of Berkshire Hathaway, Inc.” (Warren Buffett’s annual letter to shareholders, 1985, dated March 4, 1986). http://www.berkshirehathaway.com/letters/1985.html.Google Scholar
Berkshire Hathaway Inc. “To the Shareholders of Berkshire Hathaway, Inc.” (Warren Buffett’s annual letter to shareholders, 2016, dated February 25, 2017). http://www.berkshirehathaway.com/letters/2016ltr.pdf Google Scholar
Douglass, Frederick. The Life and Times of Frederick Douglass. Courier Corporation, 2012.Google Scholar
Massachusetts Development and Industrial Commission. In Black and White: The Facts Concerning Industrial Advantages in Massachusetts. Boston, 1937.Google Scholar
New Bedford, Massachusetts. City Document No. 1, “Inaugural Address of Abraham H. Howland, Jr. … January 3, 1876. In City Documents of New Bedford, 1876. New Bedford, MA: E. Anthony & Sons, Printers to the City, 1876.Google Scholar
New Bedford, Massachusetts. City Document No. 4, “Report of the Joint Special Committee of the City Council of New Bedford on the Introduction of Water,” December 21, 1861. In City Documents: Mayor’s Address to the City Council; City Government; and Reports of Committees… For the Year 1861–1862. New Bedford, MA: Fessenden & Baker, City Printers: 1862.Google Scholar
Stanton, Seabury. “Berkshire Hathaway, Inc.: A Saga of Courage.” Newcomen Address, 1962. New York: Newcomen Society in North America, 1962.Google Scholar
Beckert, Sven. Empire of Cotton: A Global History. New York: Knopf, 2014.Google Scholar
Bell, Daniel. The Coming of Post-Industrial Society: A Venture in Social Forecasting. New York: Basic Books, 1976.CrossRefGoogle Scholar
Bernstein, Irving. The Lean Years: A History of the American Worker, 1920–1933. Reissue 2010. Chicago: Haymarket Books, 1969.Google Scholar
Bluestone, Barry, and Harrison, Bennett. The Deindustrialization of America: Plant Closings, Community Abandonment, and the Dismantling of Basic Industry. New York: Basic Books, 1982.Google Scholar
Cowie, Jefferson R. Capital Moves: RCA’s 70–Year Quest for Cheap Labor. New York: New Press, 2001.Google Scholar
Creighton, Margaret S. Rites and Passages: The Experience of American Whaling, 1830–1870. Cambridge, UK: Cambridge University Press, 1995.Google Scholar
Davis, Lance. In Pursuit of Leviathan: Technology, Institutions, Productivity, and Profits in American Whaling, 1816–1906. Chicago: University of Chicago Press, 1997.CrossRefGoogle Scholar
Doherty, Barbara. The Struggle to Save Morse Cutting Tool: A Successful Community Campaign. North Dartmouth, MA: Arnold M. Dubin Labor Education Center, Southeastern Massachusetts University, 1986.Google Scholar
Dublin, Thomas Louis. Women at Work: The Transformation of Work and Community in Lowell, Massachusetts, 1826–1860, 2nd ed. New York: Columbia University Press, 1981.Google Scholar
English, Beth. A Common Thread: Labor, Politics, and Capital Mobility in the Textile Industry. Athens, GA: University of Georgia Press, 2006.Google Scholar
Forrant, Robert. Metal Fatigue: American Bosch and the Demise of Metalworking in the Connecticut River Valley. Amityville, NY: Baywood Publishing Co., 2009.Google Scholar
Harvey, David. Spaces of Capital: Towards a Critical Geography. New York: Routledge, 2001.Google Scholar
Harvey, David. The Limits to Capital. Chicago: The University of Chicago Press, 1982.Google Scholar
Hathaway, Horatio. A New Bedford Merchant: Being Notes Taken from Records in the Office of the Late Thomas Schuyler Hathaway, A Successful Shipowner of the Nineteenth Century. Boston: D. B. Updike, the Merrymount Press, 1930.Google Scholar
High, Steven C., and Lewis, David W. Corporate Wasteland: The Landscape and Memory of Deindustrialization. Ithaca, NY: Cornell University Press, 2007.Google Scholar
Hobsbawm, Eric. The Age of Extremes: A History of the World, 1914–1991. New York: Vintage, 1996.Google Scholar
Kilpatrick, Andrew. Of Permanent Value: The Story of Warren Buffett. Birmingham, MI: Andy Kilpatrick Publishing Empire, 1994.Google Scholar
Koistinen, David. Confronting Decline: The Political Economy of Deindustrialization in Twentieth-Century New England. Gainesville: University Press of Florida, 2014.Google Scholar
Lampe, David, ed. The Massachusetts Miracle: High Technology and Economic Revitalization. Cambridge, MA: MIT Press, 1988.Google Scholar
Marx, Karl. Grundrisse: Foundations of the Critique of Political Economy. Translated by Nicolaus, Martin. London: Penguin Classics, 1993.Google Scholar
Minchin, Timothy J. Empty Mills: The Fight Against Imports and the Decline of the U.S. Textile Industry. Lanham, MD: Rowman & Littlefield Publishers, 2013.Google Scholar
Mulderink, Earl F. New Bedford’s Civil War. New York: Fordham University Press, 2012.CrossRefGoogle Scholar
Pease, Zephaniah W. History of New Bedford. The Lewis Historical Publishing Company, 1918.Google Scholar
Representative Men and Old Families of Southeastern Massachusetts , vol. 3. Chicago: J. H. Beers & Co., 1912.Google Scholar
Schumpeter, Joseph A. Capitalism, Socialism and Democracy. Mansfield Centre, CT: Martino Fine Books, 2010.CrossRefGoogle Scholar
Skrabec, Quentin R. The Fall of an American Rome: Deindustrialization of the American Dream. New York: Algora Publishing, 2014.Google Scholar
Stein, Judith. Pivotal Decade: How the United States Traded Factories for Finance in the Seventies. New Haven, CT: Yale University Press, 2010.Google Scholar
Stein, Judith. Running Steel, Running America: Race, Economic Policy and the Decline of Liberalism. Chapel Hill: University of North Carolina Press, 1998.Google Scholar
Sugrue, Thomas J. The Origins of the Urban Crisis: Race and Inequality in Postwar Detroit, rev. ed. Princeton, NJ: Princeton University Press, 2005.Google Scholar
Warrin, Donald. So Ends This Day: The Portuguese in American Whaling, 1765–1927. Dartmouth: University of Massachusetts–Dartmouth, 2010.Google Scholar
Wolfbein, Seymour Louis. The Decline of a Cotton Textile City: A Study of New Bedford. New York: Columbia University, 1944.CrossRefGoogle Scholar
Brady, David, Beckfield, Jason, and Zhao, Wei. “The Consequences of Economic Globalization for Affluent Democracies.” Annual Review of Sociology 33 (January 2007): 313–334.Google Scholar
Ferguson, Ronald F., and Ladd, Helen F.. “Massachusetts.” In The New Economic Role of American States: Strategies in a Competitive World Economy, edited by Scott Fosler, R., 21–90. New York: Oxford University Press, 1988.Google Scholar
Galenson, Alice Carol. “The Migration of the Cotton Textile Industry from New England to the South, 1880 to 1930.” PhD diss., Cornell University, 1975.Google Scholar
Georgianna, Daniel. “The Call for Capital.” Spinner: People and Culture in Southeastern Massachusetts 4 (1988): 182–189.Google Scholar
Henry, Robert A. “Workplace in Exile.” Spinner: People and Culture in Southeastern Massachusetts 4 (1988): 190–200.Google Scholar
McMullin, Thomas Austin. “Industrialization and Social Change in a Nineteenth Century Port City: New Bedford, Massachusetts, 1865–1900.” PhD diss., University of Wisconsin–Madison, 1977.Google Scholar
Nichols, Shaun S. “Crisis Capital: Industrial Massachusetts and the Making of Global Capitalism, 1865–Present.” PhD diss., Harvard University, 2016.CrossRefGoogle Scholar
Prude, Jonathan. “Capitalism, Industrialization, and the Factory in Post-Revolutionary America.” Journal of the Early Republic 16, no. 2 (1996): 237–55.CrossRefGoogle Scholar
Rothenberg, Winifred Barr. “The Invention of American Capitalism: The Economy of New England in the Federal Period.” In Engines of Enterprise: An Economic History of New England, edited by Temin, Peter, 69–108. Cambridge, MA: Harvard University Press, 2000.Google Scholar
Taber, Edgar F Jr.. “Condensed Data Relating to the New Bedford Cotton Mills.” Old Dartmouth Historical Sketch, no. 67 (November 1937).Google Scholar
Temin, Peter. “Product Quality and Vertical Integration in the Early Cotton Textile Industry.” Journal of Economic History 48, no. 4 (1988): 891–907.CrossRefGoogle Scholar
Boston American Google Scholar
Harper’s Magazine Google Scholar
Industry Google Scholar
Standard Times (New Bedford, MA) Google Scholar
The Day (New London, CT), Google Scholar
The New York Times Google Scholar
The Wall Street Journal Google Scholar
Records of the Consumers’ League of Massachusetts, 1891–1955, Arthur and Elizabeth Schlesinger Library on the History of Women in America, Radcliffe Institute for Advanced Study, Harvard University, Cambridge, MA.Google Scholar
Charles, W. Morgan Business Records, Baker Library Historical Collections, Harvard Business School, Boston, MA.Google Scholar
Oral History Project, 1987–1990 Ferreira Mendes Portuguese American Archives, Archives and Special Collections, University of Massachusetts–Dartmouth Library, Dartmouth, MA.Google Scholar
Mayor Ashley Scrapbooks, New Bedford Free Public Library, New Bedford, MA.Google Scholar
New Bedford Whaling Museum Research Library, New Bedford, MA.Google Scholar
AVX. “Tantalum Capacitors.” http://www.avx.com/products/tantalum Google Scholar
Berkshire Hathaway Inc. “To the Shareholders of Berkshire Hathaway, Inc.” (Warren Buffett’s annual letter to shareholders, 1985, dated March 4, 1986). http://www.berkshirehathaway.com/letters/1985.html.Google Scholar
Berkshire Hathaway Inc. “To the Shareholders of Berkshire Hathaway, Inc.” (Warren Buffett’s annual letter to shareholders, 2016, dated February 25, 2017). http://www.berkshirehathaway.com/letters/2016ltr.pdf Google Scholar
Douglass, Frederick. The Life and Times of Frederick Douglass. Courier Corporation, 2012.Google Scholar
Massachusetts Development and Industrial Commission. In Black and White: The Facts Concerning Industrial Advantages in Massachusetts. Boston, 1937.Google Scholar
New Bedford, Massachusetts. City Document No. 1, “Inaugural Address of Abraham H. Howland, Jr. … January 3, 1876. In City Documents of New Bedford, 1876. New Bedford, MA: E. Anthony & Sons, Printers to the City, 1876.Google Scholar
New Bedford, Massachusetts. City Document No. 4, “Report of the Joint Special Committee of the City Council of New Bedford on the Introduction of Water,” December 21, 1861. In City Documents: Mayor’s Address to the City Council; City Government; and Reports of Committees… For the Year 1861–1862. New Bedford, MA: Fessenden & Baker, City Printers: 1862.Google Scholar
Stanton, Seabury. “Berkshire Hathaway, Inc.: A Saga of Courage.” Newcomen Address, 1962. New York: Newcomen Society in North America, 1962.Google Scholar