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Railroads and Regulation, 1877-1916

5 out of 5 stars 2 customer reviews
ISBN-13: 978-0837188850
ISBN-10: 0837188857
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About the Author

Gabriel Kolko is a scholar and activist who has written widely on sociology, philosophy, and history. He is the author of fourteen books. --This text refers to the Paperback edition.
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Product Details

  • Hardcover: 280 pages
  • Publisher: Greenwood Pub Group (January 1977)
  • Language: English
  • ISBN-10: 0837188857
  • ISBN-13: 978-0837188850
  • Product Dimensions: 9.1 x 6.6 x 1.1 inches
  • Shipping Weight: 1.7 pounds
  • Average Customer Review: 5.0 out of 5 stars  See all reviews (2 customer reviews)
  • Amazon Best Sellers Rank: #2,702,208 in Books (See Top 100 in Books)

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By Nancy Brockway on April 11, 2008
Format: Hardcover
Gabriel Kolko, a left-leaning historian, wrote his Ph.D. thesis to identify the forces that brought railroads under regulation at the end of the 19th century. Surprise, surprise, it was the railroad barons themselves who eventually sought regulation (and thereby brought it about). Kolko recounts the customer protests against high rates, especially for short-haul service, and the cycles of boom and bust, when competition caused railroads to overbuild, and then underprice their services. The railroad industry eventually sought regulation as a means of dividing up the market and ending ruinous competition. This is a great read, and debunks the common view that Teddy Roosevelt and the progressives, acting at the urging of angry farmers and other customers, forced government to assert regulatory control over the railroads. Readers will want to read McDonald's biography of Samuel Insull, and various biographies of Theodore N. Vail, who pulled off the same transformations in the electric and telecommunications industries, respectively, around the same time.
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By ATSF2925 on November 16, 2015
Format: Paperback Verified Purchase
Useful for understanding the basis of railroad regulation and its subsequent regime until 1980.
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