Excerpt from The Americanization of Labor: The Employers Offensive Against the Trade Unions, With an Introd, by S. Nearing
The Americanization of Labor describes one theme in a general pattern that has been running through American public life for more than a generation. Since 1898 the ruling class of the United States has emerged with dramatic suddenness from a position of uncertainty at home and of relative obscurity in world affairs to the dizzying heights of power and prestige.
Business class power in the United States is not the result of accident. Since the organization of the Standard Oil Co. in 1870, of the United States Steel Corporation in 1901, and the passage of the Federal Reserve Act in 1913 the business interests have added steadily to their wealth and to their control over the political and social machinery of the country. Probably there is no country in the world to-day where the business interests occupy a position of such unchallenged power as that which they now hold in the United States.
Economic and historic forces have united to push the United States business interests into the foreground. Business leaders have planned and manipulated. Deliberately they have forged the links in the chain of their economic power. To-day they have, almost within their grasp, a monopoly of the best exploiting opportunities in the world. A brief description of some of the more important factors in this quick rise to power forms an excellent background from which to consider a detailed study of the offensive recently inaugurated by the American employers against the organized workers.
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