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Banking on Immigrant Social Capital: Regulating Chicago's Informal Banks, 1900-1929

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Abstract:

Putnam and others have theorized that social capital cultivates norms of particpation in the private sphere that functions as a resource for civic engagement. This paper analyzes a case where an informal immigrant practice is the target of government action to learn if immigrants draw on their extensive network to affect the public debate and legislative outcomes. Although Chicago's immigrants possessed trust, norms and networks in their formal and informal banking system, the political mobilization of a national network of progressive era reformers and, later, of rural and downtown bankers proved more decisive in deciding and passing legislation that targeted immigrant banking. Despite this, the new financial institutions thrived. Far from eliminating the role of social ties in banking, they simply re-ordered them.

Most Common Document Word Stems:

panel (2), polit (2), bank (2), chicago (2), massachusett (2), fellow (1), immigr (1), inform (1), miller (1), depart (1), scienc (1), associ (1), alethia.jones@aya.yale.edu (1), center (1), annual (1), social (1), present (1), septemb (1), american (1), cambridg (1), technolog (1),

Author's Keywords:

social capital; banks and banking; Chicago; immigrants
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MLA Citation:

Jones, Alethia. "Banking on Immigrant Social Capital: Regulating Chicago's Informal Banks, 1900-1929" Paper presented at the annual meeting of the American Political Science Association, Hilton Chicago and the Palmer House Hilton, Chicago, IL, Sep 02, 2004 <Not Available>. 2009-05-26 <http://www.allacademic.com/meta/p61719_index.html>

APA Citation:

Jones, A. , 2004-09-02 "Banking on Immigrant Social Capital: Regulating Chicago's Informal Banks, 1900-1929" Paper presented at the annual meeting of the American Political Science Association, Hilton Chicago and the Palmer House Hilton, Chicago, IL Online <.PDF>. 2009-05-26 from http://www.allacademic.com/meta/p61719_index.html

Publication Type: Conference Paper/Unpublished Manuscript
Review Method: Peer Reviewed
Abstract: Putnam and others have theorized that social capital cultivates norms of particpation in the private sphere that functions as a resource for civic engagement. This paper analyzes a case where an informal immigrant practice is the target of government action to learn if immigrants draw on their extensive network to affect the public debate and legislative outcomes. Although Chicago's immigrants possessed trust, norms and networks in their formal and informal banking system, the political mobilization of a national network of progressive era reformers and, later, of rural and downtown bankers proved more decisive in deciding and passing legislation that targeted immigrant banking. Despite this, the new financial institutions thrived. Far from eliminating the role of social ties in banking, they simply re-ordered them.

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Document Type: .pdf
Page count: 1
Word count: 60
Text sample:
Banking on Immigrant Social Capital: Regulating Chicago's Informal Banks 1900-1929 Alethia Jones Fellow Department of Urban Studies and Planning Massachusetts Institute of Technology 77 Massachusetts Avenue Building 9-539 Cambridge MA 02139 Office: 617-253-1516 Email: alethia.jones@aya.yale.edu Paper presented at the annual meeting of The American Political Science Association Chicago Illinois September 5 2004 Panel: Miller Center Panel on Politics and History
Fellow Department of Urban Studies and Planning Massachusetts Institute of Technology 77 Massachusetts Avenue Building 9-539 Cambridge MA 02139 Office: 617-253-1516 Email: alethia.jones@aya.yale.edu Paper presented at the annual meeting of The American Political Science Association Chicago Illinois September 5 2004 Panel: Miller Center Panel on Politics and History


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