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HIST312: Capitalism and Democracy in America

Unit 10: Progressivism and World War I   Some view Progressivism (1890-1914) as an approach to reducing the tension between capital and democracy by regulating corporations and alleviating the worst sufferings of poor Americans. Progressivism is best understood as a reaction against the excesses of the Gilded Age, specifically the corrupt political influence of men like Andrew Carnegie and the violent and repeated clashes between labor and capital. In many ways, many Progressives saw themselves as trying to “split the difference” between Hamilton’s vision for America and Jefferson’s, though the movement itself was really an inchoate collection of smaller, sometimes antagonistic movements bound together mostly by their shared antipathy toward the status quo; because of this, Progressives often spent as much energy fighting each other as they did fighting their enemies on the right and the left.

Unit 10 Time Advisory
This unit should take you 10 hours to complete.

☐    Subunit 10.1: 3 hours

☐    Subunit 10.2: 7 hours

Unit10 Learning Outcomes
Upon successful completion of this unit, students will be able to:

  • Identify the cycles of American economic panics between 1840 and 1933.
  • Identify and define the term “Progressivism.”
  • Identify and define Progressives’ economic and political platforms as exemplified by Theodore Roosevelt.
  • Identify the economic and political consequences of World War I.

10.1 Costs of Industrialization - Economic Instability   - Lecture: iTunesU: UC Berkeley, Professor J. Bradford Delong, Economics 113, Lecture 10, “Depression and Panics, 1840-1933” Link:  iTunesU: UC Berkeley, Professor J.  Bradford Delong, Economics 113, Lecture 10, “Depression and Panics, 1840-1933” (Youtube)

 Instructions: Please listen to Professor J.  Bradford’s entire
55-minute lecture on the cycle of American economics between 1840
and 1933.  
    
 About the link: This website hosts free lectures from the nation’s
top universities in a wide array of academic subjects.  
    
 Terms of Use: The above video is reposted from the University of
California – Berkeley.  The original version can be found
[here](http://itunes.apple.com/us/podcast/lecture-10-depressions-panics/id354823242?i=80681423). 
This video is released under a [Creative Commons
Attribution-Noncommercial-No Derivative Works 3.0 Unported
License](http://creativecommons.org/licenses/by-nc-nd/3.0/).  
  • Web Media: Khan Academy’s “20th Century Capitalism and Regulation in the United States” Link: Khan Academy’s “20th Century Capitalism and Regulation in the United States”  (YouTube)
     
    Instructions: Please watch the above video (approx. 14 minutes), which provides an overview on the cycles of regulation and deregulation from the beginning of the twentieth century to the millennium.  This web media should take 15 minutes to complete.
     
    Terms of Use: Please respect the copyright and terms of use displayed on the webpage above.

10.1.1 Panic of 1873   - Reading: Drew VandeCreek “1873-1876: The Panic of 1873” Link: Drew VandeCreek “1873-1876: The Panic of 1873” (HTML)
 
Also available in:
Adobe Flash
 
Instructions: Please read the entirety of the webpage outlining the causes and effects of the Panic of 1873.
 
About the link: This online text was developed by Wikibooks as an open educational resource for use in undergraduate history courses.
 
Terms of Use: Please respect the copyright and terms of use displayed on the webpage above.

10.1.2 The Panic of 1893   - Reading: Wikipedia: “Panic of 1893” Link: Wikipedia:  “Panic of 1893” (PDF)
 
Instructions: Please read the entirety of the webpage in order to get a sense of the history of the Panic of 1893.
 
About the link: This online text was developed by Wikipedia’s users as an open educational resource; it has not been peer-reviewed, so please bear that in mind when using Wikipedia.
 
Terms of Use: The WIkipedia article above is released under a Creative Commons Attribution-Share-Alike License 3.0 (HTML).  You can find the original version of this article here (HTML).

10.2 Progressivism   - Reading: Wikibooks’ US History: “Progressive Era” Link: Wikibooks’ US History: Progressive Era” (PDF)
 
Instructions: Please read the entirety of the website on various attempts to rebalance the relationship between democracy and capital during the Progressive Era.
 
About the link: This online text was developed by Wikibooks as an open educational resource for use in undergraduate history courses.
 
Terms of Use: The Wikibooks article above is released under a Creative Commons Attribution-Share-Alike License 3.0 (HTML).  You can find the original version of this article here (HTML).

10.2.1 Theodore Roosevelt   - Lecture: C-SPAN, Edmund Morris, “Theodore Rex” Link:  C-SPAN, Edmund Morris, “Theodore Rex” (Youtube)

 Instructions: Please listen to Professor Edmund Morris’ entire
55-minute lecture on the presidency of Theodore Roosevelt.  
    
 About the link: This website an entire series of lectures produced
by C-SPAN.  
    
 Terms of Use: The material above was produced by C-SPAN, with
permission granted for non-commercial use with no modifications to
the material.  The original version can be found
here <http://www.c-spanvideo.org/program/167521-1>.

10.2.1.1 “Trust-busting”   - Reading: History Commons: “Context of 'August 23, 1902: Roosevelt Advocates Federal Regulation, Oversight of Corporations'“ Link: History Commons: “Context of 'August 23, 1902: Roosevelt Advocates Federal Regulation, Oversight of Corporations'“ (PDF)

 Instructions: Click this link to read Roosevelt’s 1902 speech in
which he presented his rationale for federal regulation of large
corporations or “trusts”  

 Terms of Use: This resource is licensed under a [Creative Commons
Attribution-NonCommercial-ShareAlike 1.0 Generic
license](http://creativecommons.org/licenses/by-nc-sa/1.0/). It is
attributed to History Commons and the original version can be found
[here](http://www.historycommons.org/context.jsp?item=a082302teddyoversight#a082302teddyoversight). 

10.2.1.2 1902 Coal Miners’ Strike   - Web Media: History Channel, “J.P. Morgan Battles Coal Minters in 1902” Link: History Channel, “J.P. Morgan Battles Coal Miners in 1902” (Adobe Flash)
 
Instructions: Please watch the entire 3-minute video to get a sense of Roosevelt’s role as a “trust-buster.”
 
Terms of Use: Please respect the copyright and terms of use displayed on the webpage above.

10.2.1.3 Taft and the Bull Moose Party   - Web Media: History Channel, “Roosevelt Forms Bull Moose Party” Link: History Channel, “Roosevelt Forms Bull Moose Party” (Adobe Flash)
 
Instructions: Please watch the entire 2-½ -minute video to get a sense of Roosevelt’s goals in forming the Bull Moose Party.
 
Terms of Use: Please respect the copyright and terms of use displayed on the webpage above.

10.2.2 World War I   - Reading: Wikibooks’ US History: “World War I” Link: Wikibooks’ US History:World War I” (PDF)
 
Instructions: Please read the entirety of the website in order to get a sense of the causes and consequences of World War I.
 
About the link: This online text was developed by Wikibooks as an open educational resource for use in undergraduate history courses.
 
Terms of Use: The WIkibooks article above is released under a Creative Commons Attribution-Share-Alike License 3.0 (HTML).  You can find the original version of this article here (HTML).

  • Lecture: WGBH Boston, Eugen Weber, The Western Tradition, Lecture 47, “The First World War and the Rise of Fascism” Link: WGBH Boston, Eugen Weber, The Western Tradition, Lecture 47, “The First World War and the Rise of Fascism” (Adobe Flash)
     
    Note: You must disable pop-up blockers before attempting to view the video.
     
    Instructions: Please listen to Professor Eugen Weber’s entire 30-minute lecture to get a sense of how World War I was a turning point in European and American history.  After clicking the hyperlink, a new webpage should open.  Toggle down to the appropriate lecture and click the box labeled “VoD” on the right – this will open another box that will display the lecture.
     
    About the link: This website an entire series of lectures produced by WGBH Boston called “The Western Tradition.”
     
    Terms of Use: Please respect the copyright and terms of use displayed on the webpage above.

10.2.3 The Nye Committee   - Reading: “Report of the Special Committee on Investigation of the Munitions Industry (The Nye Report), U.S. Congress, Senate, 74th Congress, 2nd sess., February 24, 1936, pp. 3-13” Link: “Report of the Special Committee on Investigation of the Munitions Industry (The Nye Report), U.S. Congress, Senate, 74th Congress, 2nd sess., Feburary 24, 1936, pp. 3-13” (PDF)
 
Instructions: Please read the entirety of this report to understand the Nye Committee’s conclusions that U.S. munitions manufacturers manipulated the U.S. into World War I in order to raise profits. This is an excellent example of the cynicism that characterized American attitudes toward capitalism during the Great Depression.
 
About the link: This text was posted as a supplement to Dr. Vincent Ferraro’s undergraduate political science courses at Mt. Holyoke College.
 
Terms of Use: This material is part of the public domain.