“A Triumph in Modern Philanthropy”: Age Criteria in Labor Management at the Pennsylvania Railroad, 1875–1930
Brian Gratton
Business History Review, 1990, vol. 64, issue 4, 630-656
Abstract:
Labor policies based on age have been variously explained as benevolent, maliciously anti-union, rational, or prejudicial. Nineteenth-century devices to stabilize the work force set the stage for the Pennsylvania Railroad's 1900 program of age limits, mandatory retirement, and pensions, but its immediate cause was the conviction that the seniority system already in place seriously reduced the efficiency of older workers. As the following article shows, this economic calculation remained appealing to some executives in the twentieth century, even as the actual costs of pensions became painfully apparent. For others, the old fear of workers' unrest reappeared as a justification for ignoring the impending crisis of the 1930s.
Date: 1990
References: Add references at CitEc
Citations:
Downloads: (external link)
https://www.cambridge.org/core/product/identifier/ ... type/journal_article link to article abstract page (text/html)
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:cup:buhirw:v:64:y:1990:i:04:p:630-656_05
Access Statistics for this article
More articles in Business History Review from Cambridge University Press Cambridge University Press, UPH, Shaftesbury Road, Cambridge CB2 8BS UK.
Bibliographic data for series maintained by Kirk Stebbing ().