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Banking On Slavery
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Book Synopsis Banking on Slavery by : Sharon Ann Murphy
Download or read book Banking on Slavery written by Sharon Ann Murphy and published by University of Chicago Press. This book was released on 2023 with total page 430 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Sharon Murphy's book is a powerful and unprecedented dive into the entangled history of banking and slavery in nineteenth-century America. Slaveholders developed credit and creditworthiness by using enslaved people as collateral, and this allowed them to undertake an endless array of projects. But Murphy further shows that this credit system grew and changed as banks sought new ways to realize their own profits and power. She demonstrates not merely how slavery was financed by banks but how banks were financed by slavery. By extension, everything banks enabled, not least the physical expansion of the United States itself, was also then literally indebted to that noxious institution"--
Book Synopsis Slave Agriculture and Financial Markets in Antebellum America by : Richard Holcombe Kilbourne Jr
Download or read book Slave Agriculture and Financial Markets in Antebellum America written by Richard Holcombe Kilbourne Jr and published by Routledge. This book was released on 2015-09-30 with total page 209 pages. Available in PDF, EPUB and Kindle. Book excerpt: Offers the study of Antebellum southern slavery and the credit system. This work explains how the Bank of the United States supported the government's and the nation's credit abroad by providing seemingly limitless credit facilities to southern planters, especially in the territories along the lower Mississippi River.
Book Synopsis Slave Agriculture and Financial Markets in Antebellum America by : Richard Holcombe Kilbourne Jr
Download or read book Slave Agriculture and Financial Markets in Antebellum America written by Richard Holcombe Kilbourne Jr and published by . This book was released on 2016-01-20 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Slave Agriculture and Financial Markets looks at financing slave agriculture from the perspective of credit intermediaries such as chartered banks and commercial partnerships. It explains in detail how the Bank of the United States supported the government's and the nation's credit abroad by providing seemingly limitless credit facilities to southern planters, especially in the newly opened territories along the lower Mississippi River.
Book Synopsis Banking on Freedom by : Shennette Garrett-Scott
Download or read book Banking on Freedom written by Shennette Garrett-Scott and published by Columbia University Press. This book was released on 2019-05-07 with total page 197 pages. Available in PDF, EPUB and Kindle. Book excerpt: Between 1888 and 1930, African Americans opened more than a hundred banks and thousands of other financial institutions. In Banking on Freedom, Shennette Garrett-Scott explores this rich period of black financial innovation and its transformative impact on U.S. capitalism through the story of the St. Luke Bank in Richmond, Virginia: the first and only bank run by black women. Banking on Freedom offers an unparalleled account of how black women carved out economic, social, and political power in contexts shaped by sexism, white supremacy, and capitalist exploitation. Garrett-Scott chronicles both the bank’s success and the challenges this success wrought, including extralegal violence and aggressive oversight from state actors who saw black economic autonomy as a threat to both democratic capitalism and the social order. The teller cage and boardroom became sites of activism and resistance as the leadership of president Maggie Lena Walker and other women board members kept the bank grounded in meeting the needs of working-class black women. The first book to center black women’s engagement with the elite sectors of banking, finance, and insurance, Banking on Freedom reveals the ways gender, race, and class shaped the meanings of wealth and risk in U.S. capitalism and society.
Book Synopsis Accounting for Slavery by : Caitlin Rosenthal
Download or read book Accounting for Slavery written by Caitlin Rosenthal and published by Harvard University Press. This book was released on 2019-09-15 with total page 313 pages. Available in PDF, EPUB and Kindle. Book excerpt: Caitlin Rosenthal explores quantitative management practices on West Indian and Southern plantations, showing how planter-capitalists built sophisticated organizations and used complex accounting tools. By demonstrating that business innovation can be a byproduct of bondage Rosenthal further erodes the false boundary between capitalism and slavery.
Book Synopsis Economic Slavery Or Freedom by : Charles Albert Hawkins
Download or read book Economic Slavery Or Freedom written by Charles Albert Hawkins and published by . This book was released on 1932 with total page 162 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The Business of Slavery and the Rise of American Capitalism, 1815-1860 by : Jack Lawrence Schermerhorn
Download or read book The Business of Slavery and the Rise of American Capitalism, 1815-1860 written by Jack Lawrence Schermerhorn and published by Yale University Press. This book was released on 2015-01-01 with total page 351 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Focuses on networks of people, information, conveyances, and other resources and technologies that moved slave-based products from suppliers to buyers and users." (page 3) The book examines the credit and financial systems that grew up around trade in slaves and products made by slaves.
Book Synopsis Escaping Slavery by : Antonio T. Bly
Download or read book Escaping Slavery written by Antonio T. Bly and published by Rowman & Littlefield. This book was released on 2022-02-07 with total page 245 pages. Available in PDF, EPUB and Kindle. Book excerpt: Escaping Slavery is a documentary history of Native Americans in British North America. This study of indigenous peoples captures the lives of numerous individuals who refused to sacrifice their humanity in the face of the violent, changing landscapes of early America.
Book Synopsis Slavery's Capitalism by : Sven Beckert
Download or read book Slavery's Capitalism written by Sven Beckert and published by University of Pennsylvania Press. This book was released on 2016-07-28 with total page 417 pages. Available in PDF, EPUB and Kindle. Book excerpt: During the nineteenth century, the United States entered the ranks of the world's most advanced and dynamic economies. At the same time, the nation sustained an expansive and brutal system of human bondage. This was no mere coincidence. Slavery's Capitalism argues for slavery's centrality to the emergence of American capitalism in the decades between the Revolution and the Civil War. According to editors Sven Beckert and Seth Rockman, the issue is not whether slavery itself was or was not capitalist but, rather, the impossibility of understanding the nation's spectacular pattern of economic development without situating slavery front and center. American capitalism—renowned for its celebration of market competition, private property, and the self-made man—has its origins in an American slavery predicated on the abhorrent notion that human beings could be legally owned and compelled to work under force of violence. Drawing on the expertise of sixteen scholars who are at the forefront of rewriting the history of American economic development, Slavery's Capitalism identifies slavery as the primary force driving key innovations in entrepreneurship, finance, accounting, management, and political economy that are too often attributed to the so-called free market. Approaching the study of slavery as the originating catalyst for the Industrial Revolution and modern capitalism casts new light on American credit markets, practices of offshore investment, and understandings of human capital. Rather than seeing slavery as outside the institutional structures of capitalism, the essayists recover slavery's importance to the American economic past and prompt enduring questions about the relationship of market freedom to human freedom. Contributors: Edward E. Baptist, Sven Beckert, Daina Ramey Berry, Kathryn Boodry, Alfred L. Brophy, Stephen Chambers, Eric Kimball, John Majewski, Bonnie Martin, Seth Rockman, Daniel B. Rood, Caitlin Rosenthal, Joshua D. Rothman, Calvin Schermerhorn, Andrew Shankman, Craig Steven Wilder.
Book Synopsis Other People's Money by : Sharon Ann Murphy
Download or read book Other People's Money written by Sharon Ann Murphy and published by JHU Press. This book was released on 2017-03-15 with total page 207 pages. Available in PDF, EPUB and Kindle. Book excerpt: How the contentious world of nineteenth-century banking shaped the United States. Pieces of paper that claimed to be good for two dollars upon redemption at a distant bank. Foreign coins that fluctuated in value from town to town. Stock certificates issued by turnpike or canal companies—worth something . . . or perhaps nothing. IOUs from farmers or tradesmen, passed around by people who could not know the person who first issued them. Money and banking in antebellum America offered a glaring example of free-market capitalism run amok—unregulated, exuberant, and heading pell-mell toward the next “panic” of burst bubbles and hard times. In Other People’s Money, Sharon Ann Murphy explains how banking and money worked before the federal government, spurred by the chaos of the Civil War, created the national system of US paper currency. Murphy traces the evolution of banking in America from the founding of the nation, when politicians debated the constitutionality of chartering a national bank, to Andrew Jackson’s role in the Bank War of the early 1830s, to the problems of financing a large-scale war. She reveals how, ultimately, the monetary and banking structures that emerged from the Civil War also provided the basis for our modern financial system, from its formation under the Federal Reserve in 1913 to the present. Touching on the significant role that numerous historical figures played in shaping American banking—including Alexander Hamilton, James Madison, Benjamin Franklin, Henry Clay, Daniel Webster, and Louis Brandeis—Other People’s Money is an engaging guide to the heated political fights that surrounded banking in early America as well as to the economic causes and consequences of the financial system that emerged from the turmoil. By helping readers understand the financial history of this period and the way banking shaped the society in which ordinary Americans lived and worked, this book broadens and deepens our knowledge of the Early American Republic.
Book Synopsis Bankers and Empire by : Peter James Hudson
Download or read book Bankers and Empire written by Peter James Hudson and published by University of Chicago Press. This book was released on 2017-04-27 with total page 370 pages. Available in PDF, EPUB and Kindle. Book excerpt: From the end of the nineteenth century until the onset of the Great Depression, Wall Street embarked on a stunning, unprecedented, and often bloody period of international expansion in the Caribbean. A host of financial entities sought to control banking, trade, and finance in the region. In the process, they not only trampled local sovereignty, grappled with domestic banking regulation, and backed US imperialism—but they also set the model for bad behavior by banks, visible still today. In Bankers and Empire, Peter James Hudson tells the provocative story of this period, taking a close look at both the institutions and individuals who defined this era of American capitalism in the West Indies. Whether in Wall Street minstrel shows or in dubious practices across the Caribbean, the behavior of the banks was deeply conditioned by bankers’ racial views and prejudices. Drawing deeply on a broad range of sources, Hudson reveals that the banks’ experimental practices and projects in the Caribbean often led to embarrassing failure, and, eventually, literal erasure from the archives.
Book Synopsis The Color of Money by : Mehrsa Baradaran
Download or read book The Color of Money written by Mehrsa Baradaran and published by Harvard University Press. This book was released on 2017-09-14 with total page 360 pages. Available in PDF, EPUB and Kindle. Book excerpt: In 1863 black communities owned less than 1 percent of total U.S. wealth. Today that number has barely budged. Mehrsa Baradaran pursues this wealth gap by focusing on black banks. She challenges the myth that black banking is the solution to the racial wealth gap and argues that black communities can never accumulate wealth in a segregated economy.
Book Synopsis A History of Central Banking and the Enslavement of Mankind by : Stephen Mitford Goodson
Download or read book A History of Central Banking and the Enslavement of Mankind written by Stephen Mitford Goodson and published by Black House Publishing. This book was released on 2017-04 with total page 228 pages. Available in PDF, EPUB and Kindle. Book excerpt: A History of Central Banking and the Enslavement of Mankind describes the role of banking and money in history from ancient times to the present.
Download or read book Complicity written by Anne Farrow and published by Ballantine Books. This book was released on 2007-12-18 with total page 304 pages. Available in PDF, EPUB and Kindle. Book excerpt: A startling and superbly researched book demythologizing the North’s role in American slavery “The hardest question is what to do when human rights give way to profits. . . . Complicity is a story of the skeletons that remain in this nation’s closet.”—San Francisco Chronicle The North’s profit from—indeed, dependence on—slavery has mostly been a shameful and well-kept secret . . . until now. Complicity reveals the cruel truth about the lucrative Triangle Trade of molasses, rum, and slaves that linked the North to the West Indies and Africa. It also discloses the reality of Northern empires built on tainted profits—run, in some cases, by abolitionists—and exposes the thousand-acre plantations that existed in towns such as Salem, Connecticut. Here, too, are eye-opening accounts of the individuals who profited directly from slavery far from the Mason-Dixon line. Culled from long-ignored documents and reports—and bolstered by rarely seen photos, publications, maps, and period drawings—Complicity is a fascinating and sobering work that actually does what so many books pretend to do: shed light on America’s past.
Book Synopsis Economic Slavery in the 21st Century by : Kevin Williams
Download or read book Economic Slavery in the 21st Century written by Kevin Williams and published by . This book was released on 2020-07-12 with total page 214 pages. Available in PDF, EPUB and Kindle. Book excerpt: As the divide between the wealthiest and the rest of us widens, Economic Slavery in the 21st Century is an important history lesson of how we got here and a cautionary tale of what may come. Though the story told is one of greed and corruption, author Kevin Williams uses the lessons of the past to create a guide for a future that is more economically just for everyone. Thoroughly researched and referenced, Economic Slavery in the 21st Century shines a light into the dark corners of the banking industry. This cleansing light seeks to put backbone into a government that genuflects at the altar of shadowy bankers with far too much power and provides guidance to ordinary citizens to avoid the traps of yesterday.
Book Synopsis Let Us Put Our Money Together by : Tim Todd
Download or read book Let Us Put Our Money Together written by Tim Todd and published by . This book was released on 2019-05-31 with total page 158 pages. Available in PDF, EPUB and Kindle. Book excerpt: Generally, books addressing the early history of African American banks have done so either within the larger construct of African American business history and economic development, or as a starting point to explore current issues related to financial services. Focused considerations of these early institutions and their founders have been relatively rare and somewhat scattered. This publication seeks to address this issue.
Book Synopsis Masters of the Universe, Slaves of the Market by : Stephen Bell
Download or read book Masters of the Universe, Slaves of the Market written by Stephen Bell and published by Harvard University Press. This book was released on 2015-03-09 with total page 401 pages. Available in PDF, EPUB and Kindle. Book excerpt: Stephen Bell and Andrew Hindmoor compare banking systems in the U.S. and UK to those of Canada and Australia and explain why the system imploded in the former but not the latter. Canadian and Australian banks were able to make profits through traditional lending practices, unlike their competition-driven, risk-taking U.S. and UK counterparts.
