Please use this identifier to cite or link to this item: http://hdl.handle.net/2440/108848
Citations
Scopus Web of Science® Altmetric
?
?
Type: Journal article
Title: Making banks fit for the people: confidence, democracy, and the rise of banking alternatives in America, 1880–1914
Author: Mackay, T.
Citation: American Nineteenth Century History, 2015; 16(3):307-328
Publisher: Taylor & Francis
Issue Date: 2015
ISSN: 1466-4658
1743-7903
Statement of
Responsibility: 
Thomas Ashley Mackay
Abstract: At the turn of the twentieth century, many Americans lacked confidence in the nation’s banks. In various ways, privately owned or operated banking institutions were viewed to be adverse to the interests of “the people.” Still, beginning in the late nineteenth century, deposit banking came to be accepted as a vital “public service.” This article explains how that happened and illustrates how multiple people-oriented alternatives gradually emerged. While these have been explored previously, this article demonstrates how new ideas about the importance of banking facilitated the emergence of a broad movement aimed at popular participation and control. To reveal this history and to gauge popular ideas, it favors materials that appeared within the public sphere. This approach demonstrates how underlying confidence issues motivated a broad movement that aimed to democratize banking institutions.
Keywords: economic democracy; history of capitalism; Gilded Age and Progressive Era; bank reform; popular politics
Rights: © 2016 Taylor & Francis
RMID: 0030043868
DOI: 10.1080/14664658.2015.1130322
Appears in Collections:History publications

Files in This Item:
File Description SizeFormat 
RA_hdl_108848.pdfRestrcted Access479.85 kBAdobe PDFView/Open


Items in DSpace are protected by copyright, with all rights reserved, unless otherwise indicated.