The decades of the 1870s and the 1880s were marked by economic and social turmoil, including the Long Depression of 1873-1879, a series of recessions during the 1880s, the rise of organized labor and strikes, and the 1886 Haymarket affair and its controversial aftermath.[7] Moreover, American capitalism's tendency towards concentration into ever larger and less competitive forms-monopolies, oligopolies, and trusts-began to make itself evident, while emigration from Europe expanded the labor pool and caused wages to stagnate.[7] The time was ripe for new ideas about economic development which might ameliorate the current social disorder.Edward Bellamy (1850-1898), a relatively unknown New England-born novelist with a history of concern with social issues, [8] began to conceive of writing an impactful work of visionary fiction shaping the outlines of a utopian future, in which production and society were ordered for the smooth production and distribution of commodities to a regimented labor force. In this he was not alone - between 1860 and 1887, no fewer than 11 such works of fiction were produced in the United States by various authors dealing fundamentally with the questions of economic and social organization.[9]Bellamy's book, gradually planned throughout the 1880s, was completed in 1887 and taken to Boston publisher Benjamin Ticknor, who published a first edition of the novel in January 1888.[10] Initial sales of the book were modest and uninspiring, but the book did find a readership in the Boston area, including enthusiastic reviews by future Bellamyites Cyrus Field Willard of the Boston Globe and Sylvester Baxter of the Boston Herald.Shortly after publication, Ticknor's publishing enterprise, Ticknor and Company, was purchased by the larger Boston publisher, Houghton, Mifflin & Co., and new publishing plates were created for the book.[10] Certain "slight emendations" were made to the text by Bellamy for this second edition, released by Houghton Mifflin in September 1889.[11]In its second release, Bellamy's futuristic novel met with enormous popular success, with more than 400,000 copies sold in the United States alone by the time Bellamy's follow-up novel, Equality, was published in 1897.[12] Sales topped 532,000 in the US by the middle of 1939.[12] The book gained an extensive readership in Great Britain, as well, with more than 235,000 copies sold there between its first release in 1890 and 1935.