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Southern Capitalists
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Book Synopsis Southern Capitalists by : Laurence Shore
Download or read book Southern Capitalists written by Laurence Shore and published by UNC Press Books. This book was released on 2018-08-25 with total page 445 pages. Available in PDF, EPUB and Kindle. Book excerpt: Studying the changing strategies used by the nineteenth-century southern leaders to justify their direction of the South's economy and politics, Shore shows how leaders before, during, and after the Civil War attempted to set standards of success in southern society and to clarify the relations between those standards and national prosperity. Shore offers a new perspective on southern leaders' worldview and helps clarify the enduring question of what is new about the "new South." Originally published in 1986. A UNC Press Enduring Edition -- UNC Press Enduring Editions use the latest in digital technology to make available again books from our distinguished backlist that were previously out of print. These editions are published unaltered from the original, and are presented in affordable paperback formats, bringing readers both historical and cultural value.
Book Synopsis Southern Capitalism by : Philip J. Wood
Download or read book Southern Capitalism written by Philip J. Wood and published by Duke University Press. This book was released on 1986-08-13 with total page 289 pages. Available in PDF, EPUB and Kindle. Book excerpt: Southern Capitalism challenges prevailing views of Southern development by arguing that the persisting peculiarities of the Southern economy—such as low wages and high poverty rates—have not resulted from barriers to capitalist development, nor from the lingering influence of planter values. Wood argues that these peculiarities can instead be best understood as the consequence of a strategy of capitalist development, based on the creation and preservation of social conditions and relations conducive to the above-average exploitation of labor by capital. focusing on the evolving relationship between capital and labor as the core of this strategy, Wood follows the process of capitalist industrialization in North Carolina from its beginnings in the aftermath of the Civil War to the 1980s.
Book Synopsis Cotton Capitalists by : Michael R Cohen
Download or read book Cotton Capitalists written by Michael R Cohen and published by NYU Press. This book was released on 2017-12-05 with total page 286 pages. Available in PDF, EPUB and Kindle. Book excerpt: Honorable Mention, 2019 Saul Viener Book Prize, given by the American Jewish Historical Society A vivid history of the American Jewish merchants who concentrated in the nation’s most important economic sector In the nineteenth century, Jewish merchants created a thriving niche economy in the United States’ most important industry—cotton—positioning themselves at the forefront of expansion during the Reconstruction Era. Jewish success in the cotton industry was transformative for both Jewish communities and their development, and for the broader economic restructuring of the South. Cotton Capitalists analyzes this niche economy and reveals its origins. Michael R. Cohen argues that Jewish merchants’ status as a minority fueled their success by fostering ethnic networks of trust. Trust in the nineteenth century was the cornerstone of economic transactions, and this trust was largely fostered by ethnicity. Much as money flowed along ethnic lines between Anglo-American banks, Jewish merchants in the Gulf South used their own ethnic ties with other Jewish-owned firms in New York, as well as Jewish investors across the globe, to capitalize their businesses. They relied on these family connections to direct Northern credit and goods to the war-torn South, avoiding the constraints of the anti-Jewish prejudices which had previously denied them access to credit, allowing them to survive economic downturns. These American Jewish merchants reveal that ethnicity matters in the development of global capitalism. Ethnic minorities are and have frequently been at the forefront of entrepreneurship, finding innovative ways to expand narrow sectors of the economy. While this was certainly the case for Jews, it has also been true for other immigrant groups more broadly. The story of Jews in the American cotton trade is far more than the story of American Jewish success and integration—it is the story of the role of ethnicity in the development of global capitalism.
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 From Slavery to Agrarian Capitalism in the Cotton Plantation South by : Joseph P. Reidy
Download or read book From Slavery to Agrarian Capitalism in the Cotton Plantation South written by Joseph P. Reidy and published by Univ of North Carolina Press. This book was released on 2000-11-09 with total page 377 pages. Available in PDF, EPUB and Kindle. Book excerpt: Reidy has produced one of the most thoughtful treatments to date of a critical moment in southern history, placing the social transformation of the South in the context of 'the age of capital' and the changes in the markets, ideologies, etc. of the Atlantic world system. Better than anyone perhaps, Reidy has elaborated both the large and small narratives of this development, connecting global forces with the initiatives and reactions of ordinary southerners, black and white.--Thomas C. Holt, University of Chicago "Joseph Reidy's detailed analysis of social and economic developments in central Georgia during and after slavery will take its place among the standard works on these subjects. Its discussions of the expansion of the cotton kingdom and of the changes after emancipation make it necessary reading for all concerned with southern and African-American history.--Stanley Engerman, University of Rochester "Successfully places the experience of one region's people into the larger theoretical context of world capitalist development and in the process challenges other scholars to do the same.--Rural Sociology
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 Planting a Capitalist South by : Tom Downey
Download or read book Planting a Capitalist South written by Tom Downey and published by LSU Press. This book was released on 2009-08-01 with total page 455 pages. Available in PDF, EPUB and Kindle. Book excerpt: "This is a pathbreaking book, well grounded in the appropriate documentary record. Downey makes especially good use of the reports of the South Carolina Canal and Rail Road Company and of other corporations, which are so tedious to read, to offer an exciting and fresh perspective on an old problem of vital importance, the relationship between businessmen and planters in the Old South" -- American Historical Review "Downey's book has many merits. First of all, it successfully presents a comprehensive and harmonious picture of the development of the region. Second, it helps to better define the contours of the long misunderstood southern political economy and its transformations during the latter part of the antebellum era. It is indeed a well-written and well-thought piece of historiography showing in microcosm how a new synthesis of antebellum southern history should be conceived." -- Enterprise and SocietyIn Planting a Capitalist South, Tom Downey effectively challenges the idea that commercial and industrial interests did little to alter the planter-dominated political economy of the Old South. By analyzing the interplay of planters, merchants, and manufacturers, Downey characterizes the South as a sphere of contending types of capitalists: agrarians with land and slaves versus commercial and industrial owners of banks, railroads, stores, and factories. His book focuses on the central Savannah River Valley of western South Carolina, an influential political and economic region and the home of some of the South's leading states' rights and proslavery ideologues; which also spawned a number of inland commercial towns, one of the nation's first railroads, and a robust wage-labor community. As such, western South Carolina provides a unique opportunity for looking at contrasting economic forces but solely within the boundaries of the South -- slavery vs. free labor, industrial vs. agricultural, urban vs. rural. A revisionary study, Planting a Capitalist South offers clear evidence of a burgeoning transition to capitalist society in the Old South. "Downey's book is a welcome new addition to the growing corpus of studies seeking to understand the lives of white merchants and manufacturers. Well written and researched, Downey's excellent work will add greater nuance to our picture of the social and economic life of the Old South, particularly our picture of the emerging southern middle class." -- Georgia Historical Quarterly"Planting a Capitalist South makes several important contributions. The idea that commerce and industry challenged tenets of republican ideology may be a familiar one, but Downey pursues it in directions seldom explored by previous historians of the Old South, examining conflicts over issue like railroad routes, water rights, and the power of town governments. Moreover, he links those subjects to historians' debates about the capitalist character of the region, and he stakes out an innovative position with his argument that the late antebellum South was in the midst of a transition to capitalism." -- Business History Review
Book Synopsis Unfree Markets by : Justene Hill Edwards
Download or read book Unfree Markets written by Justene Hill Edwards and published by Columbia University Press. This book was released on 2021-04-13 with total page 180 pages. Available in PDF, EPUB and Kindle. Book excerpt: The everyday lives of enslaved people were filled with the backbreaking tasks that their enslavers forced them to complete. But in spare moments, they found time in which to earn money and obtain goods for themselves. Enslaved people led vibrant economic lives, cultivating produce and raising livestock to trade and sell. They exchanged goods with nonslaveholding whites and even sold products to their enslavers. Did these pursuits represent a modicum of freedom in the interstices of slavery, or did they further shackle enslaved people by other means? Justene Hill Edwards illuminates the inner workings of the slaves’ economy and the strategies that enslaved people used to participate in the market. Focusing on South Carolina from the colonial period to the Civil War, she examines how the capitalist development of slavery influenced the economic lives of enslaved people. Hill Edwards demonstrates that as enslavers embraced increasingly capitalist principles, enslaved people slowly lost their economic autonomy. As slaveholders became more profit-oriented in the nineteenth century, they also sought to control enslaved people’s economic behavior and capture the gains. Despite enslaved people’s aptitude for enterprise, their market activities came to be one more part of the violent and exploitative regime that shaped their lives. Drawing on wide-ranging archival research to expand our understanding of racial capitalism, Unfree Markets shows the limits of the connection between economic activity and freedom.
Book Synopsis Capitalism and Slavery by : Eric Williams
Download or read book Capitalism and Slavery written by Eric Williams and published by UNC Press Books. This book was released on 2014-06-30 with total page 308 pages. Available in PDF, EPUB and Kindle. Book excerpt: Slavery helped finance the Industrial Revolution in England. Plantation owners, shipbuilders, and merchants connected with the slave trade accumulated vast fortunes that established banks and heavy industry in Europe and expanded the reach of capitalism worldwide. Eric Williams advanced these powerful ideas in Capitalism and Slavery, published in 1944. Years ahead of its time, his profound critique became the foundation for studies of imperialism and economic development. Binding an economic view of history with strong moral argument, Williams's study of the role of slavery in financing the Industrial Revolution refuted traditional ideas of economic and moral progress and firmly established the centrality of the African slave trade in European economic development. He also showed that mature industrial capitalism in turn helped destroy the slave system. Establishing the exploitation of commercial capitalism and its link to racial attitudes, Williams employed a historicist vision that set the tone for future studies. In a new introduction, Colin Palmer assesses the lasting impact of Williams's groundbreaking work and analyzes the heated scholarly debates it generated when it first appeared.
Book Synopsis Between Slavery and Capitalism by : Martin Ruef
Download or read book Between Slavery and Capitalism written by Martin Ruef and published by Princeton University Press. This book was released on 2016-12-13 with total page 303 pages. Available in PDF, EPUB and Kindle. Book excerpt: "At the center of the upheavals brought by emancipation in the American South was the economic and social transition from slavery to modern capitalism. In Between Slavery and Capitalism, Martin Ruef examines how this institutional change affected individuals, organizations, and communities in the late nineteenth century, as blacks and whites alike learned to navigate the shoals between two different economic worlds ... In the aftermath of the Civil War, uncertainty was a pervasive feature of life in the South, affecting the economic behavior and social status of former slaves, Freedmen's Bureau agents, planters, merchants, and politicians, among others. Emancipation brought fundamental questions: How should emancipated slaves be reimbursed in wage contracts? What occupations and class positions would be open to blacks and whites? What forms of agricultural tenure could persist? And what paths to economic growth would be viable? To understand the escalating uncertainty of the postbellum era, Ruef draws on a wide range of qualitative and quantitative data, including several thousand interviews with former slaves, letters, labor contracts, memoirs, survey responses, census records, and credit reports. Through a resolutely comparative approach, Between Slavery and Capitalism identifies profound changes between the economic institutions of the Old and New South and sheds new light on how the legacy of emancipation continues to affect political discourse and race and class relations today."--Publisher's Web site.
Book Synopsis South Africa's War Against Capitalism by : Walter Edward Williams
Download or read book South Africa's War Against Capitalism written by Walter Edward Williams and published by Greenwood. This book was released on 1989 with total page 184 pages. Available in PDF, EPUB and Kindle. Book excerpt: Written for students, laypersons, and scholars who seek a deeper understanding of the roots of apartheid in South Africa, this book focuses upon the relationship between apartheid and capitalism. The author argues, in contrast to prevailing views held both in South Africa and the West, that rather than resulting from capitalism, apartheid is the antithesis of capitalism. In short, Williams asserts, the evolution of apartheid can be seen as a struggle against market forces in order to confer privilege and status on South African whites. Williams begins with a brief overview of South African history, the racial and ethnic diversity of its peoples, and the development of thinking about apartheid. He then highlights some of South Africa's legal institutions, particularly its racially discriminatory laws, and traces the historical forces behind racially discriminatory labor law. Subsequent chapters apply standard economic analysis to apartheid in business and the labor market and consider market challenges to apartheid and governmental responses. Finally, Williams summarizes recent changes to apartheid laws and offers a general discussion of the lessons about racial relations that can be drawn from the South African experience.
Book Synopsis Southern Capitalism by : Philip J. Wood
Download or read book Southern Capitalism written by Philip J. Wood and published by Duke University Press. This book was released on 1986-08-13 with total page 300 pages. Available in PDF, EPUB and Kindle. Book excerpt: Southern Capitalism challenges prevailing views of Southern development by arguing that the persisting peculiarities of the Southern economy—such as low wages and high poverty rates—have not resulted from barriers to capitalist development, nor from the lingering influence of planter values. Wood argues that these peculiarities can instead be best understood as the consequence of a strategy of capitalist development, based on the creation and preservation of social conditions and relations conducive to the above-average exploitation of labor by capital. focusing on the evolving relationship between capital and labor as the core of this strategy, Wood follows the process of capitalist industrialization in North Carolina from its beginnings in the aftermath of the Civil War to the 1980s.
Book Synopsis The Enlightened Capitalists by : James O'Toole
Download or read book The Enlightened Capitalists written by James O'Toole and published by HarperCollins. This book was released on 2019-02-26 with total page 592 pages. Available in PDF, EPUB and Kindle. Book excerpt: An expert on ethical leadership analyzes the complicated history of business people who tried to marry the pursuit of profits with virtuous organizational practices—from British industrialist Robert Owen to American retailer John Cash Penney and jeans maker Levi Strauss to such modern-day entrepreneurs Anita Roddick and Tom Chappell. Today’s business leaders are increasingly pressured by citizens, consumers, and government officials to address urgent social and environmental issues. Although some corporate executives remain deaf to such calls, over the last two centuries, a handful of business leaders in America and Britain have attempted to create business organizations that were both profitable and socially responsible. In The Enlightened Capitalists, James O’Toole tells the largely forgotten stories of men and women who adopted forward-thinking business practices designed to serve the needs of their employees, customers, communities, and the natural environment. They wanted to prove that executives didn’t have to make trade-offs between profit and virtue. Combining a wealth of research and vivid storytelling, O’Toole brings life to historical figures like William Lever, the inventor of bar soap who created the most profitable company in Britain and used his money to greatly improve the lives of his workers and their families. Eventually, he lost control of the company to creditors who promptly terminated the enlightened practices he had initiated—the fate of many idealistic capitalists. As a new generation attempts to address social problems through enlightened organizational leadership, O’Toole explores a major question being posed today in Britain and America: Are virtuous corporate practices compatible with shareholder capitalism?
Book Synopsis Frontiers in the Gilded Age by : Andrew Offenburger
Download or read book Frontiers in the Gilded Age written by Andrew Offenburger and published by Yale University Press. This book was released on 2019-06-25 with total page 319 pages. Available in PDF, EPUB and Kindle. Book excerpt: The surprising connections between the American frontier and empire in southern Africa, and the people who participated in both This book begins in an era when romantic notions of American frontiering overlapped with Gilded Age extractive capitalism. In the late nineteenth century, the U.S.-Mexican borderlands constituted one stop of many where Americans chased capitalist dreams beyond the United States. Crisscrossing the American West, southern Africa, and northern Mexico, Andrew Offenburger examines how these frontier spaces could glitter with grandiose visions, expose the flawed and immoral strategies of profiteers, and yet reveal the capacity for resistance and resilience that indigenous people summoned when threatened. Linking together a series of stories about Boer exiles who settled in Mexico, a global network of protestant missionaries, and adventurers involved in the parallel displacements of indigenous peoples in Rhodesia and the Yaqui Indians in Mexico, Offenburger situates the borderlands of the Mexican North and the American Southwest within a global system, bound by common actors who interpreted their lives through a shared frontier ideology.
Book Synopsis Civilizing Capitalism by : Landon R. Y. Storrs
Download or read book Civilizing Capitalism written by Landon R. Y. Storrs and published by Univ of North Carolina Press. This book was released on 2003-07-11 with total page 408 pages. Available in PDF, EPUB and Kindle. Book excerpt: Offering fresh insights into the history of labor policy, the New Deal, feminism, and southern politics, Landon Storrs examines the New Deal era of the National Consumers' League, one of the most influential reform organizations of the early twentieth century. Founded in 1899 by affluent women concerned about the exploitation of women wage earners, the National Consumers' League used a strategy of "ethical consumption" to spark a successful movement for state laws to reduce hours and establish minimum wages for women. During the Great Depression, it campaigned to raise labor standards in the unregulated, non-union South, hoping to discourage the relocation of manufacturers to the region because of cheaper labor and to break the downward spiral of labor standards nationwide. Promoting regulation of men's labor as well as women's, the league shaped the National Recovery Administration codes and the Fair Labor Standards Act of 1938 but still battled the National Woman's Party, whose proposed equal rights amendment threatened sex-based labor laws. Using the National Consumers' League as a window on the nation's evolving reform tradition, Civilizing Capitalism explores what progressive feminists hoped for from the New Deal and why, despite significant victories, they ultimately were disappointed.
Book Synopsis Southern Scoundrels by : Jeff Forret
Download or read book Southern Scoundrels written by Jeff Forret and published by LSU Press. This book was released on 2021-04-21 with total page 256 pages. Available in PDF, EPUB and Kindle. Book excerpt: The history of capitalist development in the United States is long, uneven, and overwhelmingly focused on the North. Macroeconomic studies of the South have primarily emphasized the role of the cotton economy in global trading networks. Until now, few in-depth scholarly works have attempted to explain how capitalism in the South took root and functioned in all of its diverse—and duplicitous—forms. Southern Scoundrels explores the lesser-known aspects of the emergence of capitalism in the region: the shady and unscrupulous peddlers, preachers, slave traders, war profiteers, thieves, and marginal men who seized available opportunities to get ahead and, in doing so, left their mark on the southern economy. Eschewing conventional economic theory, this volume features narrative storytelling as engaging and seductive as the cast of shifty characters under examination. Contributors cover the chronological sweep of the nineteenth-century South, from the antebellum era through the tumultuous and chaotic Civil War years, and into Reconstruction and beyond. The geographic scope is equally broad, with essays encompassing the Chesapeake, South Carolina, the Lower Mississippi Valley, Texas, Missouri, and Appalachia. These essays offer a series of social histories on the nineteenth-century southern economy and the changes wrought by capitalist transformation. Tracing that story through the kinds of oily individuals who made it happen, Southern Scoundrels provides fascinating insights into the region’s hucksters and its history. Contents Introduction, Jeff Forret and Bruce E. Baker “Preachers and Peddlers: Credit and Belief in the Flush Times,” John Lindbeck “A Gentleman and a Scoundrel? Alexander McDonald, Financial Reputation, and Slavery’s Capitalism,” Alexandra J. Finley “‘How Deeply They Weed into the Pockets’: Slave Traders, Bank Speculators, and the Anatomy of a Chesapeake Wildcat, 1840–1843,” Jeff Forret “Bernard Kendig: Orchestrating Fraud in the Market and the Courtroom,” Maria R. Montalvo “William A. Britton v. Benjamin F. Butler: Occupied New Orleans, Confiscation, and the Disruption of the Cotton Trade in Wartime Natchez,” Jeff Strickland “Devils at the Doorstep: Confederate Judges, Masters of Sequestration,” Rodney J. Steward “‘Irresistibly Impelled toward Illegal Appropriation’: The Civil War Schemes of William G. Cheeney,” Jimmy L. Bryan, Jr. “Das Kapital on Tchoupitoulas Street: The Marketing of Stolen Goods and the Reserve Army of Labor in Reconstruction-Era New Orleans,” Bruce E. Baker “The Violent Lives of William Faucett,” Elaine S. Frantz “Eureka! Law and Order for Sale in Gilded Age Appalachia,” T. R. C. Hutton
Book Synopsis The Cowboy Capitalist by : Charles van Onselen
Download or read book The Cowboy Capitalist written by Charles van Onselen and published by University of Virginia Press. This book was released on 2018-04-20 with total page 576 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Jameson Raid was a pivotal moment in the history of South Africa, linking events from the Anglo-Boer War to the declaration of the Union of South Africa in 1910. For more than a century, the failed revolution has been interpreted through the lens of British imperialism, with responsibility laid at the feet of Cecil Rhodes. Yet, the raid was less a serious attempt to overthrow a Boer government than a wild adventure with transnational roots in American filibustering. In The Cowboy Capitalist, renowned South African historian Charles van Onselen challenges a historiography of over 120 years, locating the raid in American rather than British history and forcing us to rethink the histories of at least three nations. Through a close look at the little-remembered figure of John Hays Hammond, a confidant of both Rhodes and Jameson, he discovers the American Old West on the South African Highveld. This radical reinterpretation challenges the commonly held belief that the Jameson Raid was quintessentially British and, in doing so, drives splinters into our understanding of events as far forward as South Africa’s critical 1948 general election, with which the foundations of Grand Apartheid were laid.
