Anticipated depression fragmented unions from socialist solidarity into defensive postures

Evidence

By that time, workers found little hope in fi ghting back. In March 1920 the end of the economic boom sounded a death knell for the miners’ political power. Indeed, as Cole recalls, priorities changed: “Trade Unions were more concerned with looking to their own defenses, industry by industry, in face of the threatened depression than with supporting the miners or any other section in essentially socialistic demands” (Cole 1958, 419). — Clara E. Mattei, The Capital Order, 412

Categorization

  • XREF: Connects to Mattei’s core thesis that depression was manufactured policy, not natural event — set up in the following paragraph 413. — connects to: The 1920 depression fragmented union solidarity into defensive per-industry retreat — Clara E. Mattei, The Capital Order: How Economists…, 412; Depression is a despecialization that ruptures the social bond — Catherine Malabou, What Should We Do with Our Brain?, 20; Large union membership produced caution and conservatism rather than revolutionary zeal (+3 more)

Broader Connections