11-5 trads

11-5 trads - 11/5 The Social Consequences of the Market...

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11/5: The Social Consequences of the Market Revolution 1. Distribution of wealth (a) Boston, New York as examples Boston: -Richest 4 percent have 70 percent of wealth -While 81 % share only 4% of wealth New York: -4% belong to elite—hold 80% of wealth -Also extreme poverty, and poverty is growing -Number of paupers in almshouses triples between mid-1790s and 1817 -By 1817 over 15,000 persons require some form of charity relief 2. Artisan ideology and protest -Ideal of independence (a) Artisan traditions: apprentice journeyman master i. Artisan / trade societies ii. Ideals of independence, integrity and modest well-being iii. Paternalism (b) Changing work environment, division of labor -Outworkers:: wages 25-50% of male journeyman’s wages -Erosion of skill -1790s Boston: matster carpenters outnumber journeyman carpenters 5 to 1; master tailors outnumber journeymen tailors 6 to 1 -1810 New York: 2/3 of artisans are journeymen (c) Beginnings of labor protest i. “riot years” of 1834 and 1835
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11-5 trads - 11/5 The Social Consequences of the Market...

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