The Farmer'S Benevolent Trust: Law And Agricultural Cooperation In Industrial America, 18651945 (Studies In Legal History),Used

The Farmer'S Benevolent Trust: Law And Agricultural Cooperation In Industrial America, 18651945 (Studies In Legal History),Used

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SKU: SONG0807847313
Brand: University of North Carolina Press
Condition: Used
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Americans have always regarded farming as a special calling, oneimbued with the Jeffersonian values of individualism and selfsufficiency. As Victoria Saker Woeste demonstrates, farming'scultural image continued to shape Americans' expectations ofrural society long after industrialization radically transformedthe business of agriculture. Even as farmers enthusiasticallyembraced cooperative marketing to create unprecedented industrywide monopolies and control prices, they claimed they were simplypreserving their traditional place in society. In fact, the newlegal form of cooperation far outpaced judicial and legislativedevelopments at both the state and federal levels, resulting in alegal and political struggle to redefine the place of agriculturein the industrial market.Woeste shows that farmers were adept at both borrowing suchlegal forms as the corporate trust for their own purposes andobtaining legislative recognition of the new cooperative style.In the process, however, the first rule of capitalismeveryperson for him or herselftrumped the traditional principle ofcooperation. After 1922, state and federal law wholly endorsedcooperation's new form. Indeed, says Woeste, because of itscorporate roots, this model of cooperation fit so neatly with theregulatory paradigms of the first half of the twentieth centurythat it became an essential policy of the modern administrativestate.

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