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Thrift and Thriving in AmericaCapitalism and Moral Order from the Puritans to the Present$
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Joshua Yates and James Davison Hunter

Print publication date: 2011

Print ISBN-13: 9780199769063

Published to Oxford Scholarship Online: May 2012

DOI: 10.1093/acprof:oso/9780199769063.001.0001

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Immigrants and Thrift

Immigrants and Thrift

Chapter:
(p.350) 15 Immigrants and Thrift
Source:
Thrift and Thriving in America
Author(s):

David M. Reimers

Publisher:
Oxford University Press
DOI:10.1093/acprof:oso/9780199769063.003.0015

This chapter describes the economic and cultural struggles of immigrants from Europe, Asia, and Mexico in the age of industrialization. In order to deal with the trauma of relocation and economic hardship, many immigrants formed associations that held collective savings, provided insurance, and performed charitable functions among the immigrant communities. This shows how immigrants participated in the long-standing American tradition of voluntary association but also how immigrant populations injected into American economic culture the practices of mutual aid and collective security that redefined thrift for a new century and a new citizenry.

Keywords:   industrialization age, voluntary association, immigrant communities, American economic culture, collective security

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