American History

Why does Keller organize American history into regimes?

This is because the first corporation, instilling such fear was the second U.S. bank. But in 1832, President Andrew Jackson refused to renew the charter of the bank, and it closed. Then came the railroad companies. By the end of the XIX century they were the first in American history, the giants of private business, and a new and dangerous source of power not controlled by society. The reason why Keller organized American history into regimes is that in the early 1870s, newspaper columnist «Nation» EL Godkin, with his usual insight, he wrote: "The locomotive collided with the state system. In our country, with its simple structure of power, the most powerful economic force ever created by civilization, the next twenty years will go down in close cooperation with the political machine designed to control it. “At the turn of the XIX-XX centuries, increasing public concern about corporate power at its peak, and in its wake came the anti-trust movement.

Meanwhile, Europe engaged in the creation of their economic giants. In the UK, from 1898 to 1900 there were 198 cases of the merger. Here, however, there were other political and economic realities. In Britain, the partnership has continued to remain the dominant form of business organization (although the British took over and limited liability and other tempting invention corporations). English courts did not find anything wrong in cartel agreements companies on pricing and production policy. According to the remark of a contemporary, "in England corporate merger did not require appropriate legislative procedures, as the English social structure was a series of closed groups." In America, in terms of the law was unacceptable. (Keller, 59)

According to Keller, the reaction of Americans to the growth of the leading business determined by quite different social realities due to this organization of regime. American history did ...