HIS 170B Lecture Notes - Lecture 9: Welfare Capitalism, Norman Rockwell, National Labor Relations Act
Document Summary
Established social security system that provided workers with income after they retired. Provided aid for the most vulnerable members of society: the old, unemployed, dependent women with children. Did not cover everyone; racial bias against black women (as they usually worked as domestic help and were not covered by ss); farmworkers (migrant workers) were also discriminated against by a lack of coverage. Recognized right to unionize; employers have no choice but to concede worker"s right to organize. Established national labor relations board to provide for federal monitoring of labor relations. These acts gave americans the conception that the federal govt had a major role to play. Adoption of welfare capitalism -- still capitalist, but federal govt also makes an (very minimal) effort to ensure social welfare. Scared of keynesian economics (spending more than you have) Wanted to expand welfare but raise taxes to cover it. He was forced to spend $ to bring up the country.
