Megan Garber, The Atlantic
The Academy Awards began as an effort of appeasement. It was the late 1920s, and Louis B. Mayer—the studio head who was one of the founders of Metro-Goldwyn-Mayer—was worried about the spread of unionization throughout the movie industry. Wanting to keep the studio workers in his employ from organizing, he came up with a canny solution: He founded a collective, the Academy of Motion Picture Arts and Sciences, that would, among other things, distribute prizes to Hollywood’s creators—and that would help, Mayer hoped, to keep producers and actors and other laborers of the…
Source: Real Clear Politics