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The Industrial Economy: Crash Course US History #23
In which John Green teaches you about the Industrial Economy that arose in the United States after the Civil War. You know how when you're studying history, and you're reading along and everything seems safely in the past, and then BOOM you think, "Man, this suddenly seems very modern." For me, that moment in US History is the post-Reconstruction expansion of industrialism in America. After the Civil War, many of the changes in technology and ideas gave rise to this new industrialism. You'll learn about the rise of Captains of Industry (or Robber Barons) like Cornelius Vanderbilt, Andrew Carnegie, John D Rockefeller, and JP Morgan. You'll learn about trusts, combinations, and how the government responded to these new business practices. All this, plus John will cover how workers reacted to...
published: 25 Jul 2013
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Industrial Revolution in America
Beginning in the later half of the 18th century, the Industrial Revolution in America was the major shift to machine-aided, assembly-line production in factories. With wealth accumulating to the minority of owners, the working conditions and wages were limited for the majority.
The Daily Dose provides microlearning history documentaries like this one delivered to your inbox daily: https://dailydosenow.com
Learn more: https://dailydosenow.com/industrial-revolution-in-america/
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published: 11 Feb 2022
-
American Industrial Revolution
published: 23 Nov 2016
-
American Industrial Design: Design in a Nutshell (5/6)
From the ashes of the Great Depression, American Industrial Designers brought us the age of mass consumption with their "utilitarian art": sleek, sophisticated and beautiful objects that everyone wanted to own.
(Part 5 of 6)
Playlist link - https://www.youtube.com/playlist?list=PLhQpDGfX5e7CJ87BDeuTdXTpxl0YM2Tdb
Transcript link - http://podcast.open.ac.uk/feeds/3993_opinionpieces/20181113T113538_5_American_Industrial_Design_Transcription.pdf
Discover your design alter ego https://www.open.edu/openlearn/science-maths-technology/engineering-and-technology/design-and-innovation/design/design-nutshell
Explore our History & Arts free courses
https://www.open.edu/openlearn/history-the-arts/free-courses
Study Q61 BA/BSc (Honours) Design and Innovation
http://www.open.ac.uk/courses/qualific...
published: 08 May 2013
-
The Monopoly on War: How the Military Industrial Complex is Bankrupting America
In this episode, Patrick Bet-David explains how the military-industrial complex is bankrupting America.
Connect With Experts On Minnect: https://app.minnect.com/
Visit our website:
https://valuetainment.com/
Subscribe to our channel: http://bit.ly/2aPEwD4
@ValuetainmentMoney
@ValuetainmentComedy
@bizdocpodcast
To reach the Valuetainment team, you can email: info@valuetainment.com
Want to get clear on your next 5 business moves? https://valuetainment.com/academy/
Join the channel to get exclusive access to perks: https://bit.ly/3Q9rSQL
Download the podcasts on all your favorite platforms https://bit.ly/3sFAW4N
Text: PODCAST to 310.340.1132 to get added to the distribution list
Patrick Bet-David is the founder and CEO of Valuetainment Media. He is the author of the #1 Wal...
published: 14 Aug 2023
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What was the Industrial Revolution?
What happened during the Industrial Revolution? It was certainly a time period filled with new inventions and innovations, but it was also an era filled with new hardships and challenges. This video will introduce you to the events of the First Industrial Revolution in England and the Second Industrial Revolution in the United States. You'll learn about some major advancements in agriculture, technology and communication along with the negative consequences of the rapid change, including dangerous working conditions in factories, the rise of enslaved labor in the United States and more.
Interested in learning more about U.S. History? Check out this playlist: https://youtube.com/playlist?list=PLtWN9WCjM9-URujmVdJgJrghTUI1GAdkO
___
Thanks for watching! If you liked this video and learned ...
published: 03 Jan 2023
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The Military-Industrial Complex
Shortly after becoming president, Dwight Eisenhower claimed that “every gun made, every warship launched, every rocket fired, signifies theft from those who hunger and are not fed, are cold and not clothed.”
Eight years later, Eisenhower warned Americans to “guard against the acquisition of unwarranted influence by the military-industrial complex,” which he defined as the “conjunction of an immense military establishment and a large arms industry.”
In the 1930s, Smedley Butler explained how the military subsidized private companies, but it wasn’t until the Second World War, Eisenhower noted, that America developed “a permanent armaments industry of vast proportions.”
So how did this come about?
After Germany invaded Poland, President Franklin Roosevelt convinced Congress to approve hi...
published: 13 Dec 2022
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Manufacturing in America, post-globalisation| FT Film
The FT's global business columnist Rana Foroohar looks at why the US should bring manufacturing jobs back home. In the second of three films based on her new book, 'Homecoming: the path to prosperity in a post-global world', she follows the all-American supply chain of clothing company American Giant, to see how it impacts jobs, businesses and communities
#useconomy #manufacturing #globalisation #us #business #jobs #globaleconomy
00:00 Made in America, Again
01:20 An all-American supply chain starts here
03:17 What went wrong with globalisation?
07:00 The cotton gin - a risky business
09:53 Automation at a high-tech mill
13:16 Why manufacturing is important
19:59 The family-run finishing factory
23:21 Worker innovation at the sewing factory
27:33 Education, training and community
29:07 ...
published: 21 Nov 2022
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The Triumph of the Military-Industrial Complex | Who Rules America
Examine the relationship between powerful corporate entities and power in America in this episode.
00:00 The Corporate Takeover
00:33 Retired General Dwight D. Eisenhower warned about the dangers of the military-industrial complex in his farewell address.
05:34 The video discusses the influence of defense contractors and the revolving door in the Department of Defense, as well as the power and secrecy of intelligence agencies.
10:27 The military-industrial complex has a powerful influence on American politics, particularly through campaign contributions to the Republican Party.
15:07 The video discusses the connection between corporatization, globalization, and the loss of sovereignty by some countries, highlighting how presidents and prime ministers court financiers and industrialists.
1...
published: 28 Sep 2023
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The incredible scale of U.S. military production during World War II
The crushing U.S. advantage in military production during World War II may have played an even greater role than tactical superiority or geopolitical skill in allowing the Allies to secure a victory.
published: 27 Jul 2022
12:32
The Industrial Economy: Crash Course US History #23
In which John Green teaches you about the Industrial Economy that arose in the United States after the Civil War. You know how when you're studying history, and...
In which John Green teaches you about the Industrial Economy that arose in the United States after the Civil War. You know how when you're studying history, and you're reading along and everything seems safely in the past, and then BOOM you think, "Man, this suddenly seems very modern." For me, that moment in US History is the post-Reconstruction expansion of industrialism in America. After the Civil War, many of the changes in technology and ideas gave rise to this new industrialism. You'll learn about the rise of Captains of Industry (or Robber Barons) like Cornelius Vanderbilt, Andrew Carnegie, John D Rockefeller, and JP Morgan. You'll learn about trusts, combinations, and how the government responded to these new business practices. All this, plus John will cover how workers reacted to the changes in society and the early days of the labor movement. You'll learn about the Knights of Labor and Terence Powderly, as well as Samuel Gompers and the AFL.
Chapters:
Introduction: American Industrialization 00:00
Geography, Demography, and Law 1:04
Geography & Resources 1:22
America's Changing Demographics 1:37
Laws & Economics 2:14
Changes in the American Workforce 2:59
How Railroads Impacted the Economy 3:26
Mystery Document 5:02
Robber Barrons 6:02
Cornelius Vanderbilt 6:23
John D. Rockefeller 6:39
Vertical Integration 7:04
Horizontal Integration 7:40
J.P. Morgan 7:58
Industrial Workers 8:13
The Knights of Labor 9:08
The American Federation of Labor 9:48
Social Darwinism 10:13
Organized Labor Uprisings 10:47
Credits 11:59
Crash Course is on Patreon! You can support us directly by signing up at http://www.patreon.com/crashcourse
Want to find Crash Course elsewhere on the internet?
Facebook - http://www.facebook.com/YouTubeCrashCourse
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https://wn.com/The_Industrial_Economy_Crash_Course_US_History_23
In which John Green teaches you about the Industrial Economy that arose in the United States after the Civil War. You know how when you're studying history, and you're reading along and everything seems safely in the past, and then BOOM you think, "Man, this suddenly seems very modern." For me, that moment in US History is the post-Reconstruction expansion of industrialism in America. After the Civil War, many of the changes in technology and ideas gave rise to this new industrialism. You'll learn about the rise of Captains of Industry (or Robber Barons) like Cornelius Vanderbilt, Andrew Carnegie, John D Rockefeller, and JP Morgan. You'll learn about trusts, combinations, and how the government responded to these new business practices. All this, plus John will cover how workers reacted to the changes in society and the early days of the labor movement. You'll learn about the Knights of Labor and Terence Powderly, as well as Samuel Gompers and the AFL.
Chapters:
Introduction: American Industrialization 00:00
Geography, Demography, and Law 1:04
Geography & Resources 1:22
America's Changing Demographics 1:37
Laws & Economics 2:14
Changes in the American Workforce 2:59
How Railroads Impacted the Economy 3:26
Mystery Document 5:02
Robber Barrons 6:02
Cornelius Vanderbilt 6:23
John D. Rockefeller 6:39
Vertical Integration 7:04
Horizontal Integration 7:40
J.P. Morgan 7:58
Industrial Workers 8:13
The Knights of Labor 9:08
The American Federation of Labor 9:48
Social Darwinism 10:13
Organized Labor Uprisings 10:47
Credits 11:59
Crash Course is on Patreon! You can support us directly by signing up at http://www.patreon.com/crashcourse
Want to find Crash Course elsewhere on the internet?
Facebook - http://www.facebook.com/YouTubeCrashCourse
Twitter - http://www.twitter.com/TheCrashCourse
Instagram - https://www.instagram.com/thecrashcourse/
CC Kids: http://www.youtube.com/crashcoursekids
- published: 25 Jul 2013
- views: 3506590
3:45
Industrial Revolution in America
Beginning in the later half of the 18th century, the Industrial Revolution in America was the major shift to machine-aided, assembly-line production in factorie...
Beginning in the later half of the 18th century, the Industrial Revolution in America was the major shift to machine-aided, assembly-line production in factories. With wealth accumulating to the minority of owners, the working conditions and wages were limited for the majority.
The Daily Dose provides microlearning history documentaries like this one delivered to your inbox daily: https://dailydosenow.com
Learn more: https://dailydosenow.com/industrial-revolution-in-america/
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#IndustrialRevolution #Factories #GildedAge #Documentary #History #Biography
Today's Daily Dose short history film covers the Industrial Revolution in America, which transformed the daily lives of Americans more than any other singular event in American history. The filmmaker has included the original voice over script to further assist your understanding:
Today on The Daily Dose, The Industrial Revolution in America.
Beginning in the later half of the 18th century before ballooning in scope after the American Civil War, the Industrial Revolution in the U.S. witnessed a shift in production and scale of goods from hand-crafted home-based businesses to machine-aided, assembly line production in factories, which transformed the daily lives of Americans more than any other singular event in American history.
Known as the father of the American Industrial Revolution, or Slater The Traitor to the British, in 1790, Samuel Slater brought British textile technology to the United States, helping to found the first U.S. cotton mill in Beverly Massachusetts followed by Pawtucket Rhode Island, leading to a concentrated rise in industrial development in the American northeast, which in turn sparked the development of transportation systems to facilitate a precipitous rise in commerce and trade. Other advances combined with Slater’s copycat technology before the divisions of the Civil War, included Robert Fulton’s steamboat service on the Hudson River, Samuel Morse’s invention of the telegraph and Elias Howe’s invention of the sewing machine. Following the completion of the transcontinental railroad in 1869, industrialization spread across the American landscape, moving people, raw materials and finished products throughout the nation’s growing interior, including the arrival of some 14 million European immigrants from 1860 to 1900 (see Ellis).
The 100-year Industrial Revolution also witnessed the rise of Gilded Age industrialists such as steel magnate Andrew Carnegie, oil tycoon John D. Rockefeller, financier J.P. Morgan and automaker Henry Ford, collectively earning the derogatory moniker “robber barons,” after they reaped obscene profits on the backs of unskilled, low-wage laborers who toiled in their factories, foundries and mills. Inventors such as Alexander Graham Bell and Thomas Edison further accelerated the Industrial Revolution through the creation of new technologies that improved communication, transportation and industrial production techniques such as the advent of interchangeable parts. The period also witnessed a massive shift in worker demographics, as millions moved into fast-rising city slums that were unsanitary and dangerous at best. Factory working conditions were frequently filthy and hazardous for both working children and adults, where low wages and long hours eventually led to the Progressive Movement in the early 20th century, ushering in labor unions and an increase in federal and state regulations, making the Industrial Revolution in America, both a high and low water mark in American history.
And there you have it, the Industrial Revolution in America, today on The Daily Dose.
https://wn.com/Industrial_Revolution_In_America
Beginning in the later half of the 18th century, the Industrial Revolution in America was the major shift to machine-aided, assembly-line production in factories. With wealth accumulating to the minority of owners, the working conditions and wages were limited for the majority.
The Daily Dose provides microlearning history documentaries like this one delivered to your inbox daily: https://dailydosenow.com
Learn more: https://dailydosenow.com/industrial-revolution-in-america/
Subscribe for daily emails: https://subscribe.dailydosenow.com/
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Follow us on social media:
Twitter: https://twitter.com/TheDailyDose18
Facebook: https://www.facebook.com/thedailydosenow
Click to subscribe on YouTube: https://www.youtube.com/c/DailyDoseDocumentary?sub_confirmation=1
#IndustrialRevolution #Factories #GildedAge #Documentary #History #Biography
Today's Daily Dose short history film covers the Industrial Revolution in America, which transformed the daily lives of Americans more than any other singular event in American history. The filmmaker has included the original voice over script to further assist your understanding:
Today on The Daily Dose, The Industrial Revolution in America.
Beginning in the later half of the 18th century before ballooning in scope after the American Civil War, the Industrial Revolution in the U.S. witnessed a shift in production and scale of goods from hand-crafted home-based businesses to machine-aided, assembly line production in factories, which transformed the daily lives of Americans more than any other singular event in American history.
Known as the father of the American Industrial Revolution, or Slater The Traitor to the British, in 1790, Samuel Slater brought British textile technology to the United States, helping to found the first U.S. cotton mill in Beverly Massachusetts followed by Pawtucket Rhode Island, leading to a concentrated rise in industrial development in the American northeast, which in turn sparked the development of transportation systems to facilitate a precipitous rise in commerce and trade. Other advances combined with Slater’s copycat technology before the divisions of the Civil War, included Robert Fulton’s steamboat service on the Hudson River, Samuel Morse’s invention of the telegraph and Elias Howe’s invention of the sewing machine. Following the completion of the transcontinental railroad in 1869, industrialization spread across the American landscape, moving people, raw materials and finished products throughout the nation’s growing interior, including the arrival of some 14 million European immigrants from 1860 to 1900 (see Ellis).
The 100-year Industrial Revolution also witnessed the rise of Gilded Age industrialists such as steel magnate Andrew Carnegie, oil tycoon John D. Rockefeller, financier J.P. Morgan and automaker Henry Ford, collectively earning the derogatory moniker “robber barons,” after they reaped obscene profits on the backs of unskilled, low-wage laborers who toiled in their factories, foundries and mills. Inventors such as Alexander Graham Bell and Thomas Edison further accelerated the Industrial Revolution through the creation of new technologies that improved communication, transportation and industrial production techniques such as the advent of interchangeable parts. The period also witnessed a massive shift in worker demographics, as millions moved into fast-rising city slums that were unsanitary and dangerous at best. Factory working conditions were frequently filthy and hazardous for both working children and adults, where low wages and long hours eventually led to the Progressive Movement in the early 20th century, ushering in labor unions and an increase in federal and state regulations, making the Industrial Revolution in America, both a high and low water mark in American history.
And there you have it, the Industrial Revolution in America, today on The Daily Dose.
- published: 11 Feb 2022
- views: 72932
2:20
American Industrial Design: Design in a Nutshell (5/6)
From the ashes of the Great Depression, American Industrial Designers brought us the age of mass consumption with their "utilitarian art": sleek, sophisticated ...
From the ashes of the Great Depression, American Industrial Designers brought us the age of mass consumption with their "utilitarian art": sleek, sophisticated and beautiful objects that everyone wanted to own.
(Part 5 of 6)
Playlist link - https://www.youtube.com/playlist?list=PLhQpDGfX5e7CJ87BDeuTdXTpxl0YM2Tdb
Transcript link - http://podcast.open.ac.uk/feeds/3993_opinionpieces/20181113T113538_5_American_Industrial_Design_Transcription.pdf
Discover your design alter ego https://www.open.edu/openlearn/science-maths-technology/engineering-and-technology/design-and-innovation/design/design-nutshell
Explore our History & Arts free courses
https://www.open.edu/openlearn/history-the-arts/free-courses
Study Q61 BA/BSc (Honours) Design and Innovation
http://www.open.ac.uk/courses/qualifications/q61
The Open University is the world’s leading provider of flexible, high-quality online degrees and distance learning, serving students across the globe with highly respected degree qualifications, and the triple-accredited MBA. The OU teaches through its own unique method of distance learning, called ‘supported open learning’ and you do not need any formal qualifications to study with us, just commitment and a desire to find out what you are capable of.
Free learning from The Open University
http://www.open.edu/openlearn/
For more like this subscribe to the Open University channel
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Like us on Facebook: https://www.facebook.com/ouopenlearn/
Follow us on Twitter: https://twitter.com/OUFreeLearning
#OpenUniversity #americandesign
https://wn.com/American_Industrial_Design_Design_In_A_Nutshell_(5_6)
From the ashes of the Great Depression, American Industrial Designers brought us the age of mass consumption with their "utilitarian art": sleek, sophisticated and beautiful objects that everyone wanted to own.
(Part 5 of 6)
Playlist link - https://www.youtube.com/playlist?list=PLhQpDGfX5e7CJ87BDeuTdXTpxl0YM2Tdb
Transcript link - http://podcast.open.ac.uk/feeds/3993_opinionpieces/20181113T113538_5_American_Industrial_Design_Transcription.pdf
Discover your design alter ego https://www.open.edu/openlearn/science-maths-technology/engineering-and-technology/design-and-innovation/design/design-nutshell
Explore our History & Arts free courses
https://www.open.edu/openlearn/history-the-arts/free-courses
Study Q61 BA/BSc (Honours) Design and Innovation
http://www.open.ac.uk/courses/qualifications/q61
The Open University is the world’s leading provider of flexible, high-quality online degrees and distance learning, serving students across the globe with highly respected degree qualifications, and the triple-accredited MBA. The OU teaches through its own unique method of distance learning, called ‘supported open learning’ and you do not need any formal qualifications to study with us, just commitment and a desire to find out what you are capable of.
Free learning from The Open University
http://www.open.edu/openlearn/
For more like this subscribe to the Open University channel
https://www.youtube.com/channel/UCXsH4hSV_kEdAOsupMMm4Qw
Like us on Facebook: https://www.facebook.com/ouopenlearn/
Follow us on Twitter: https://twitter.com/OUFreeLearning
#OpenUniversity #americandesign
- published: 08 May 2013
- views: 221450
15:07
The Monopoly on War: How the Military Industrial Complex is Bankrupting America
In this episode, Patrick Bet-David explains how the military-industrial complex is bankrupting America.
Connect With Experts On Minnect: https://app.minnect.co...
In this episode, Patrick Bet-David explains how the military-industrial complex is bankrupting America.
Connect With Experts On Minnect: https://app.minnect.com/
Visit our website:
https://valuetainment.com/
Subscribe to our channel: http://bit.ly/2aPEwD4
@ValuetainmentMoney
@ValuetainmentComedy
@bizdocpodcast
To reach the Valuetainment team, you can email: info@valuetainment.com
Want to get clear on your next 5 business moves? https://valuetainment.com/academy/
Join the channel to get exclusive access to perks: https://bit.ly/3Q9rSQL
Download the podcasts on all your favorite platforms https://bit.ly/3sFAW4N
Text: PODCAST to 310.340.1132 to get added to the distribution list
Patrick Bet-David is the founder and CEO of Valuetainment Media. He is the author of the #1 Wall Street Journal Bestseller Your Next Five Moves (Simon & Schuster) and a father of 2 boys and 2 girls. He currently resides in Ft. Lauderdale, Florida.
https://wn.com/The_Monopoly_On_War_How_The_Military_Industrial_Complex_Is_Bankrupting_America
In this episode, Patrick Bet-David explains how the military-industrial complex is bankrupting America.
Connect With Experts On Minnect: https://app.minnect.com/
Visit our website:
https://valuetainment.com/
Subscribe to our channel: http://bit.ly/2aPEwD4
@ValuetainmentMoney
@ValuetainmentComedy
@bizdocpodcast
To reach the Valuetainment team, you can email: info@valuetainment.com
Want to get clear on your next 5 business moves? https://valuetainment.com/academy/
Join the channel to get exclusive access to perks: https://bit.ly/3Q9rSQL
Download the podcasts on all your favorite platforms https://bit.ly/3sFAW4N
Text: PODCAST to 310.340.1132 to get added to the distribution list
Patrick Bet-David is the founder and CEO of Valuetainment Media. He is the author of the #1 Wall Street Journal Bestseller Your Next Five Moves (Simon & Schuster) and a father of 2 boys and 2 girls. He currently resides in Ft. Lauderdale, Florida.
- published: 14 Aug 2023
- views: 469144
6:44
What was the Industrial Revolution?
What happened during the Industrial Revolution? It was certainly a time period filled with new inventions and innovations, but it was also an era filled with ne...
What happened during the Industrial Revolution? It was certainly a time period filled with new inventions and innovations, but it was also an era filled with new hardships and challenges. This video will introduce you to the events of the First Industrial Revolution in England and the Second Industrial Revolution in the United States. You'll learn about some major advancements in agriculture, technology and communication along with the negative consequences of the rapid change, including dangerous working conditions in factories, the rise of enslaved labor in the United States and more.
Interested in learning more about U.S. History? Check out this playlist: https://youtube.com/playlist?list=PLtWN9WCjM9-URujmVdJgJrghTUI1GAdkO
___
Thanks for watching! If you liked this video and learned something new, go ahead and hit the "thumbs up" button. Subscribe to the channel to stay up-to-date on new videos, too! Let's keep pursuing history together. :)
___
Some clip art used throughout the video is from the amazing The Artventurous Life. Click the link to visit the store: https://www.teacherspayteachers.com/Store/The-Artventurous-Life
.
Music (all copyright free in YouTube Audio Library):
Horses and Trains - Jesse Gallagher
Everything You Wanted - Dan Lebowitz
Western Spaghetti - Chris Haugen
Salt Creek - Nat Keefe and Hot Buttered Rum
Last Train to Mars - Dan Lebowitz
Land of my Fathers - The 126ers
___
Copyright: Please do not reupload this video on YouTube or other social media websites or apps. You do not have permission to translate it into other languages or reupload the images, designs or narration to other YouTube channels or social media platforms.
___
Pursuit of History is on Social Media!
Instagram - https://www.instagram.com/pursuitofhistory
https://wn.com/What_Was_The_Industrial_Revolution
What happened during the Industrial Revolution? It was certainly a time period filled with new inventions and innovations, but it was also an era filled with new hardships and challenges. This video will introduce you to the events of the First Industrial Revolution in England and the Second Industrial Revolution in the United States. You'll learn about some major advancements in agriculture, technology and communication along with the negative consequences of the rapid change, including dangerous working conditions in factories, the rise of enslaved labor in the United States and more.
Interested in learning more about U.S. History? Check out this playlist: https://youtube.com/playlist?list=PLtWN9WCjM9-URujmVdJgJrghTUI1GAdkO
___
Thanks for watching! If you liked this video and learned something new, go ahead and hit the "thumbs up" button. Subscribe to the channel to stay up-to-date on new videos, too! Let's keep pursuing history together. :)
___
Some clip art used throughout the video is from the amazing The Artventurous Life. Click the link to visit the store: https://www.teacherspayteachers.com/Store/The-Artventurous-Life
.
Music (all copyright free in YouTube Audio Library):
Horses and Trains - Jesse Gallagher
Everything You Wanted - Dan Lebowitz
Western Spaghetti - Chris Haugen
Salt Creek - Nat Keefe and Hot Buttered Rum
Last Train to Mars - Dan Lebowitz
Land of my Fathers - The 126ers
___
Copyright: Please do not reupload this video on YouTube or other social media websites or apps. You do not have permission to translate it into other languages or reupload the images, designs or narration to other YouTube channels or social media platforms.
___
Pursuit of History is on Social Media!
Instagram - https://www.instagram.com/pursuitofhistory
- published: 03 Jan 2023
- views: 165134
3:57
The Military-Industrial Complex
Shortly after becoming president, Dwight Eisenhower claimed that “every gun made, every warship launched, every rocket fired, signifies theft from those who hun...
Shortly after becoming president, Dwight Eisenhower claimed that “every gun made, every warship launched, every rocket fired, signifies theft from those who hunger and are not fed, are cold and not clothed.”
Eight years later, Eisenhower warned Americans to “guard against the acquisition of unwarranted influence by the military-industrial complex,” which he defined as the “conjunction of an immense military establishment and a large arms industry.”
In the 1930s, Smedley Butler explained how the military subsidized private companies, but it wasn’t until the Second World War, Eisenhower noted, that America developed “a permanent armaments industry of vast proportions.”
So how did this come about?
After Germany invaded Poland, President Franklin Roosevelt convinced Congress to approve his cash-and-carry program to sell arms to France and Britain. The following year, he replaced cash and carry with Lend-Lease, which “loaned” weapons to cash-strapped allies. Lend-Lease established the precedent of American subsidization of foreign armies.
Upon joining the war in 1941, the US government urged patriots to enlist in the “battle for production.” Propaganda reminded Americans that “production wins wars,” and heroic images of factory workers likened weapons manufacturing to military service.
FDR’s wartime policies mirrored his earlier New Deal, based on the ideas of economist John Maynard Keynes. During recessions, Keynes believed, governments should stimulate demand by printing money to spend on public works. FDR applied this formula to his New Deal programs, but after nine years, the economy remained in shambles.
The war allowed FDR to shift to what’s known as military Keynesianism. Because inflationary military spending artificially boosts GDP (gross domestic product) and military enlistment reduces unemployment, military Keynesianism produced the wartime prosperity myth. Many people believe the war ended the Great Depression, despite the country’s facing shortages of basic goods, such as sugar and butter.
Eisenhower understood the problem. “The cost of one modern heavy bomber,” he said, could pay for thirty schools, two power plants, two hospitals, fifty miles of highway, or half a million bushels of wheat. But the arms industry had become a fixture of the American economy. In an early draft of his farewell address, Eisenhower described this as the “military-industrial-congressional complex.”
Political scientists call this the iron triangle of connected interests. Congress passes legislation to benefit an interest group—military contractors—in return for political support. The interest group lobbies Congress on behalf of a bureaucracy—the military establishment—in exchange for special treatment. And the bureaucracy received significant increases in its own funding to administer federal policy. This dynamic has resulted in annual military expenditures of $800 billion—that’s more than the next nine largest military budgets combined.
The military-industrial complex made America the de facto arms dealer for the world, and the US military presence grew to having seven hundred military bases across eighty countries. The military-industrial complex also allowed America to fight a new kind of war by funneling weapons to foreign soldiers to fight what are known as proxy wars.
______________________________________
Want to learn more?
For more animated content, check out Economics for Beginners at https://BeginEconomics.org.
Check out the latest Mises Wire articles on foreign policy and war: https://mises.org/topics/war-and-foreign-policy
Anatomy of the State by Murray Rothbard is a great mini-book on the true nature of the state: https://mises.org/anatomy
The Betrayal of the American Right by Murray Rothbard focuses on the history of the modern conservative movement, and the role it played in aggressively escalating America's foreign policy in the 20th century: https://mises.org/betrayal
Wall Street, Banks, and American Foreign Policy by Murray Rothbard is a fiery monograph that employs "power elite" analysis to understand the relationship between money, power, and war: https://mises.org/library/wall-street-banks-and-american-foreign-policy-0
A Century of War: Lincoln, Wilson and Roosevelt by John V. Denson is an extensive look at how the twentieth century became the bloodiest in all history: https://mises.org/library/century-war-lincoln-wilson-and-roosevelt-0
A Foreign Policy of Freedom by Ron Paul offers a positive view for an American foreign policy would look like if it stayed true to its founding principles: https://mises.org/library/foreign-policy-freedom
https://wn.com/The_Military_Industrial_Complex
Shortly after becoming president, Dwight Eisenhower claimed that “every gun made, every warship launched, every rocket fired, signifies theft from those who hunger and are not fed, are cold and not clothed.”
Eight years later, Eisenhower warned Americans to “guard against the acquisition of unwarranted influence by the military-industrial complex,” which he defined as the “conjunction of an immense military establishment and a large arms industry.”
In the 1930s, Smedley Butler explained how the military subsidized private companies, but it wasn’t until the Second World War, Eisenhower noted, that America developed “a permanent armaments industry of vast proportions.”
So how did this come about?
After Germany invaded Poland, President Franklin Roosevelt convinced Congress to approve his cash-and-carry program to sell arms to France and Britain. The following year, he replaced cash and carry with Lend-Lease, which “loaned” weapons to cash-strapped allies. Lend-Lease established the precedent of American subsidization of foreign armies.
Upon joining the war in 1941, the US government urged patriots to enlist in the “battle for production.” Propaganda reminded Americans that “production wins wars,” and heroic images of factory workers likened weapons manufacturing to military service.
FDR’s wartime policies mirrored his earlier New Deal, based on the ideas of economist John Maynard Keynes. During recessions, Keynes believed, governments should stimulate demand by printing money to spend on public works. FDR applied this formula to his New Deal programs, but after nine years, the economy remained in shambles.
The war allowed FDR to shift to what’s known as military Keynesianism. Because inflationary military spending artificially boosts GDP (gross domestic product) and military enlistment reduces unemployment, military Keynesianism produced the wartime prosperity myth. Many people believe the war ended the Great Depression, despite the country’s facing shortages of basic goods, such as sugar and butter.
Eisenhower understood the problem. “The cost of one modern heavy bomber,” he said, could pay for thirty schools, two power plants, two hospitals, fifty miles of highway, or half a million bushels of wheat. But the arms industry had become a fixture of the American economy. In an early draft of his farewell address, Eisenhower described this as the “military-industrial-congressional complex.”
Political scientists call this the iron triangle of connected interests. Congress passes legislation to benefit an interest group—military contractors—in return for political support. The interest group lobbies Congress on behalf of a bureaucracy—the military establishment—in exchange for special treatment. And the bureaucracy received significant increases in its own funding to administer federal policy. This dynamic has resulted in annual military expenditures of $800 billion—that’s more than the next nine largest military budgets combined.
The military-industrial complex made America the de facto arms dealer for the world, and the US military presence grew to having seven hundred military bases across eighty countries. The military-industrial complex also allowed America to fight a new kind of war by funneling weapons to foreign soldiers to fight what are known as proxy wars.
______________________________________
Want to learn more?
For more animated content, check out Economics for Beginners at https://BeginEconomics.org.
Check out the latest Mises Wire articles on foreign policy and war: https://mises.org/topics/war-and-foreign-policy
Anatomy of the State by Murray Rothbard is a great mini-book on the true nature of the state: https://mises.org/anatomy
The Betrayal of the American Right by Murray Rothbard focuses on the history of the modern conservative movement, and the role it played in aggressively escalating America's foreign policy in the 20th century: https://mises.org/betrayal
Wall Street, Banks, and American Foreign Policy by Murray Rothbard is a fiery monograph that employs "power elite" analysis to understand the relationship between money, power, and war: https://mises.org/library/wall-street-banks-and-american-foreign-policy-0
A Century of War: Lincoln, Wilson and Roosevelt by John V. Denson is an extensive look at how the twentieth century became the bloodiest in all history: https://mises.org/library/century-war-lincoln-wilson-and-roosevelt-0
A Foreign Policy of Freedom by Ron Paul offers a positive view for an American foreign policy would look like if it stayed true to its founding principles: https://mises.org/library/foreign-policy-freedom
- published: 13 Dec 2022
- views: 36919
31:50
Manufacturing in America, post-globalisation| FT Film
The FT's global business columnist Rana Foroohar looks at why the US should bring manufacturing jobs back home. In the second of three films based on her new bo...
The FT's global business columnist Rana Foroohar looks at why the US should bring manufacturing jobs back home. In the second of three films based on her new book, 'Homecoming: the path to prosperity in a post-global world', she follows the all-American supply chain of clothing company American Giant, to see how it impacts jobs, businesses and communities
#useconomy #manufacturing #globalisation #us #business #jobs #globaleconomy
00:00 Made in America, Again
01:20 An all-American supply chain starts here
03:17 What went wrong with globalisation?
07:00 The cotton gin - a risky business
09:53 Automation at a high-tech mill
13:16 Why manufacturing is important
19:59 The family-run finishing factory
23:21 Worker innovation at the sewing factory
27:33 Education, training and community
29:07 A moment for change?
See if you get the FT for free as a student (http://ft.com/schoolsarefree) or start a £1 trial: https://subs.ft.com/spa3_trial?segmentId=3d4ba81b-96bb-cef0-9ece-29efd6ef2132.
► Check out our Community tab for more stories on the economy.
► Listen to our podcasts: https://www.ft.com/podcasts
► Follow us on Instagram: https://www.instagram.com/financialtimes'
https://wn.com/Manufacturing_In_America,_Post_Globalisation|_Ft_Film
The FT's global business columnist Rana Foroohar looks at why the US should bring manufacturing jobs back home. In the second of three films based on her new book, 'Homecoming: the path to prosperity in a post-global world', she follows the all-American supply chain of clothing company American Giant, to see how it impacts jobs, businesses and communities
#useconomy #manufacturing #globalisation #us #business #jobs #globaleconomy
00:00 Made in America, Again
01:20 An all-American supply chain starts here
03:17 What went wrong with globalisation?
07:00 The cotton gin - a risky business
09:53 Automation at a high-tech mill
13:16 Why manufacturing is important
19:59 The family-run finishing factory
23:21 Worker innovation at the sewing factory
27:33 Education, training and community
29:07 A moment for change?
See if you get the FT for free as a student (http://ft.com/schoolsarefree) or start a £1 trial: https://subs.ft.com/spa3_trial?segmentId=3d4ba81b-96bb-cef0-9ece-29efd6ef2132.
► Check out our Community tab for more stories on the economy.
► Listen to our podcasts: https://www.ft.com/podcasts
► Follow us on Instagram: https://www.instagram.com/financialtimes'
- published: 21 Nov 2022
- views: 654047
24:29
The Triumph of the Military-Industrial Complex | Who Rules America
Examine the relationship between powerful corporate entities and power in America in this episode.
00:00 The Corporate Takeover
00:33 Retired General Dwight D....
Examine the relationship between powerful corporate entities and power in America in this episode.
00:00 The Corporate Takeover
00:33 Retired General Dwight D. Eisenhower warned about the dangers of the military-industrial complex in his farewell address.
05:34 The video discusses the influence of defense contractors and the revolving door in the Department of Defense, as well as the power and secrecy of intelligence agencies.
10:27 The military-industrial complex has a powerful influence on American politics, particularly through campaign contributions to the Republican Party.
15:07 The video discusses the connection between corporatization, globalization, and the loss of sovereignty by some countries, highlighting how presidents and prime ministers court financiers and industrialists.
19:52 The concentration of wealth in the hands of a few has resulted in the majority of Americans having less economic and political power.
Who Rules America? takes a comprehensive look into the governing system of the United States of America and reveals the behind-the-scenes powers that rule the nation.
Director: Danny Schechter
https://wn.com/The_Triumph_Of_The_Military_Industrial_Complex_|_Who_Rules_America
Examine the relationship between powerful corporate entities and power in America in this episode.
00:00 The Corporate Takeover
00:33 Retired General Dwight D. Eisenhower warned about the dangers of the military-industrial complex in his farewell address.
05:34 The video discusses the influence of defense contractors and the revolving door in the Department of Defense, as well as the power and secrecy of intelligence agencies.
10:27 The military-industrial complex has a powerful influence on American politics, particularly through campaign contributions to the Republican Party.
15:07 The video discusses the connection between corporatization, globalization, and the loss of sovereignty by some countries, highlighting how presidents and prime ministers court financiers and industrialists.
19:52 The concentration of wealth in the hands of a few has resulted in the majority of Americans having less economic and political power.
Who Rules America? takes a comprehensive look into the governing system of the United States of America and reveals the behind-the-scenes powers that rule the nation.
Director: Danny Schechter
- published: 28 Sep 2023
- views: 17115
2:12
The incredible scale of U.S. military production during World War II
The crushing U.S. advantage in military production during World War II may have played an even greater role than tactical superiority or geopolitical skill in a...
The crushing U.S. advantage in military production during World War II may have played an even greater role than tactical superiority or geopolitical skill in allowing the Allies to secure a victory.
https://wn.com/The_Incredible_Scale_Of_U.S._Military_Production_During_World_War_Ii
The crushing U.S. advantage in military production during World War II may have played an even greater role than tactical superiority or geopolitical skill in allowing the Allies to secure a victory.
- published: 27 Jul 2022
- views: 19156