Slavery s Capitalism

Slavery s Capitalism
Author: Sven Beckert,Seth Rockman
Release: 2016-07-28
Editor: University of Pennsylvania Press
Pages: 416
ISBN: 9780812293098
Language: en
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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.

Slavery s Capitalism

Slavery s Capitalism
Author: Sven Beckert,Seth Rockman
Release: 2016-08-08
Editor: University of Pennsylvania Press
Pages: 416
ISBN: 9780812248418
Language: en
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Slavery's Capitalism explores the role of slavery in the development of the U.S. economy during the first decades of the nineteenth century. It tells the history of slavery as a story of national, even global, economic importance and investigates the role of enslaved Americans in the building of the modern world.

Capitalism and Slavery

Capitalism and Slavery
Author: Eric Williams
Release: 2015-09-17
Editor: Lulu Press, Inc
Pages: 329
ISBN: 9781329560086
Language: en
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The present study is an attempt to place in historical perspective the relationship between early capitalism as exemplified by Great Britain, and the Negro slave trade, Negro slavery and the general colonial trade of the seventeenth and eighteenth centuries. It is strictly an economic study of the role of Negro slavery and the slave trade in providing the capital which financed the Industrial Revolution in England and of mature industrial capitalism in destroying the slave system.

The Half Has Never Been Told

The Half Has Never Been Told
Author: Edward E Baptist
Release: 2016-10-25
Editor: Basic Books
Pages: 560
ISBN: 9780465097685
Language: en
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Winner of the 2015 Avery O. Craven Prize from the Organization of American Historians Winner of the 2015 Sidney Hillman Prize A groundbreaking history demonstrating that America's economic supremacy was built on the backs of slaves Americans tend to cast slavery as a pre-modern institution -- the nation's original sin, perhaps, but isolated in time and divorced from America's later success. But to do so robs the millions who suffered in bondage of their full legacy. As historian Edward E. Baptist reveals in The Half Has Never Been Told, the expansion of slavery in the first eight decades after American independence drove the evolution and modernization of the United States. In the span of a single lifetime, the South grew from a narrow coastal strip of worn-out tobacco plantations to a continental cotton empire, and the United States grew into a modern, industrial, and capitalist economy. Told through intimate slave narratives, plantation records, newspapers, and the words of politicians, entrepreneurs, and escaped slaves, The Half Has Never Been Told offers a radical new interpretation of American history.

American Capitalism

American Capitalism
Author: Sven Beckert,Christine Desan
Release: 2018-02-06
Editor: Columbia University Press
Pages: 329
ISBN: 9780231546065
Language: en
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The United States has long epitomized capitalism. From its enterprising shopkeepers, wildcat banks, violent slave plantations, huge industrial working class, and raucous commodities trade to its world-spanning multinationals, its massive factories, and the centripetal power of New York in the world of finance, America has come to symbolize capitalism for two centuries and more. But an understanding of the history of American capitalism is as elusive as it is urgent. What does it mean to make capitalism a subject of historical inquiry? What is its potential across multiple disciplines, alongside different methodologies, and in a range of geographic and chronological settings? And how does a focus on capitalism change our understanding of American history? American Capitalism presents a sampling of cutting-edge research from prominent scholars. These broad-minded and rigorous essays venture new angles on finance, debt, and credit; women’s rights; slavery and political economy; the racialization of capitalism; labor beyond industrial wage workers; and the production of knowledge, including the idea of the economy, among other topics. Together, the essays suggest emerging themes in the field: a fascination with capitalism as it is made by political authority, how it is claimed and contested by participants, how it spreads across the globe, and how it can be reconceptualized without being universalized. A major statement for a wide-open field, this book demonstrates the breadth and scope of the work that the history of capitalism can provoke.

Accounting for Slavery

Accounting for Slavery
Author: Caitlin Rosenthal
Release: 2019-09-15
Editor: Harvard University Press
Pages: 295
ISBN: 9780674241657
Language: en
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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.

The Business of Slavery and the Rise of American Capitalism 1815 1860

The Business of Slavery and the Rise of American Capitalism  1815 1860
Author: Jack Lawrence Schermerhorn,Calvin Schermerhorn
Release: 2015-01-01
Editor: Yale University Press
Pages: 336
ISBN: 9780300192001
Language: en
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"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.

The Reinvention of Atlantic Slavery

The Reinvention of Atlantic Slavery
Author: Daniel Rood
Release: 2017
Editor: Oxford University Press
Pages: 272
ISBN: 9780190655266
Language: en
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'The Reinvention of Atlantic Slavery' explores how, in an age of industry and abolition, ambitious planters in the Upper US South, Cuba, and Brazil expanded slavery by collaborating with a transnational group of chemists, engineers, and other 'plantation experts' to assist them in adapting the technologies of the Industrial Revolution to suit 'tropical' needs

Faulkner and Slavery

Faulkner and Slavery
Author: Jay Watson,James G. Thomas Jr.
Release: 2021-05-28
Editor: Univ. Press of Mississippi
Pages: 256
ISBN: 9781496834430
Language: en
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Contributions by Tim Armstrong, Edward A. Chappell, W. Ralph Eubanks, Amy A. Foley, Michael Gorra, Sherita L. Johnson, Andrew B. Leiter, John T. Matthews, Julie Beth Napolin, Erin Penner, Stephanie Rountree, Julia Stern, Jay Watson, and Randall Wilhelm In 1930, the same year he moved into Rowan Oak, a slave-built former plantation home in his hometown of Oxford, Mississippi, William Faulkner published his first work of fiction that gave serious attention to the experience and perspective of an enslaved individual. For the next two decades, Faulkner repeatedly returned to the theme of slavery and to the figures of enslaved people in his fiction, probing the racial, economic, and political contours of his region, nation, and hemisphere in work such as The Sound and the Fury; Light in August; Absalom, Absalom!; and Go Down, Moses. Faulkner and Slavery is the first collection to address the myriad legacies of African chattel slavery in the writings and personal history of one of the twentieth century’s most incisive authors on US slavery and the long ordeal of race in the Americas. Contributors to the volume examine the constitutive links among slavery, capitalism, and modernity across Faulkner’s oeuvre. They study how the history of slavery at the University of Mississippi informs writings like Absalom, Absalom! and trace how slavery’s topologies of the rectilinear grid or square run up against the more reparative geography of the oval in Faulkner’s narratives. Contributors explore how the legacies of slavery literally sound and resound across centuries of history, and across multiple novels and stories in Faulkner’s fictional county of Yoknapatawpha, and they reveal how the author’s remodeling work on his own residence brought him into an uncomfortable engagement with the spatial and architectural legacies of chattel slavery in north Mississippi. Faulkner and Slavery offers a timely intervention not only in the critical study of the writer’s work but in ongoing national and global conversations about the afterlives of slavery and the necessary work of antiracism.

River of Dark Dreams

River of Dark Dreams
Author: Walter Johnson
Release: 2013-02-26
Editor: Harvard University Press
Pages: 560
ISBN: 9780674074903
Language: en
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River of Dark Dreams places the Cotton Kingdom at the center of worldwide webs of exchange and exploitation that extended across oceans and drove an insatiable hunger for new lands. This bold reaccounting dramatically alters our understanding of American slavery and its role in U.S. expansionism, global capitalism, and the upcoming Civil War.

Trouble of the World

Trouble of the World
Author: Zach Sell
Release: 2020-11-24
Editor: UNC Press Books
Pages: 352
ISBN: 9781469660462
Language: en
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In this innovative new study, Zach Sell returns to the explosive era of capitalist crisis, upheaval, and warfare between emancipation in the British Empire and Black emancipation in the United States. In this age of global capital, U.S. slavery exploded to a vastness hitherto unseen, propelled forward by the outrush of slavery-produced commodities to Britain, continental Europe, and beyond. As slavery-produced commodities poured out of the United States, U.S. slaveholders transformed their profits into slavery expansion. Ranging from colonial India to Australia and Belize, Sell's examination further reveals how U.S. slavery provided not only the raw material for Britain's explosive manufacturing growth but also inspired new hallucinatory imperial visions of colonial domination that took root on a global scale. What emerges is a tale of a system too powerful and too profitable to end, even after emancipation; it is the story of how slavery's influence survived emancipation, infusing empire and capitalism to this day.

Slavery and American Economic Development

Slavery and American Economic Development
Author: Gavin Wright
Release: 2006-10-01
Editor: LSU Press
Pages: 176
ISBN: 9780807131831
Language: en
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"Slavery and American Economic Development is a small book with a big interpretative punch. It is one of those rare books about a familiar subject that manages to seem fresh and new." -- Charles B. Dew, Journal of Interdisciplinary History "A stunning reinterpretation of southern economic history and what is perhaps the most important book in the field since Time on the Cross.... I frequently found myself forced to rethink long-held positions." -- Russell R. Menard, Civil War History Through an analysis of slavery as an economic institution, Gavin Wright presents an innovative look at the economic divergence between North and South in the antebellum era. He draws a distinction between slavery as a form of work organization -- the aspect that has dominated historical debates -- and slavery as a set of property rights. Slave-based commerce remained central to the eighteenth-century rise of the Atlantic economy, not because slave plantations were superior as a method of organizing production, but because slaves could be put to work on sugar plantations that could not have attracted free labor on economically viable terms. Gavin Wright is William Robertson Coe Professor in American Economic History at Stanford University and the author of The Political Economy of the Cotton South and Old South, New South: Revolutions in the Southern Economy since the Civil War, winner of the Frank L. and Harriet C. Owsley Award of the Southern Historical Association. He has served as president of the Economic History Association and the Agricultural History Society.

Capitalism Slavery and Republican Values

Capitalism  Slavery  and Republican Values
Author: Allen Kaufman
Release: 2012-03-15
Editor: University of Texas Press
Pages: 220
ISBN: 9780292741225
Language: en
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In the troubled days before the American Civil War, both Northern protectionists and Southern free trade economists saw political economy as the key to understanding the natural laws on which every republican political order should be based. They believed that individual freedom was one such law of nature and that this freedom required a market economy in which citizens could freely pursue their particular economic interests and goals. But Northern and Southern thinkers alike feared that the pursuit of wealth in a market economy might lead to the replacement of the independent producer by the wage laborer. A worker without property is a potential rebel, and so the freedom and commerce that give birth to such a worker would seem to be incompatible with preserving the content citizenry necessary for a stable, republican political order. Around the resolution of this dilemma revolved the great debate on the desirability of slavery in this country. Northern protectionists argued that independent labor must be protected at the same time that capitalist development is encouraged. Southern free trade economists answered that the formation of a propertyless class is inevitable; to keep the nation from anarchy and rebellion, slavery—justified by racism—must be preserved at any cost. Battles of the economists such as these left little room for political compromise between North and South as the antebellum United States confronted the corrosive effects of capitalist development. And slavery's retardant effect on the Southern economy ultimately created a rift within the South between those who sought to make slavery more like capitalism and those who sought to make capitalism more like slavery.

Empire of Cotton

Empire of Cotton
Author: Sven Beckert
Release: 2015
Editor: Vintage
Pages: 640
ISBN: 9780375713965
Language: en
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"The epic story of the rise and fall of the empire of cotton, its centrality in the world economy, and its making and remaking of global capitalism. Sven Beckert's rich, fascinating book tells the story of how, in a remarkably brief period, European entrepreneurs and powerful statesmen recast the world's most significant manufacturing industry combining imperial expansion and slave labor with new machines and wage workers to change the world. Here is the story of how, beginning well before the advent of machine production in 1780, these men created a potent innovation (Beckert calls it war capitalism, capitalism based on unrestrained actions of private individuals; the domination of masters over slaves, of colonial capitalists over indigenous inhabitants), and crucially affected the disparate realms of cotton that had existed for millennia. We see how this thing called war capitalism shaped the rise of cotton, and then was used as a lever to transform the world. The empire of cotton was, from the beginning, a fulcrum of constant global struggle between slaves and planters, merchants and statesmen, farmers and merchants, workers and factory owners. In this as in so many other ways, Beckert makes clear how these forces ushered in the modern world. The result is a book as unsettling and disturbing as it is enlightening: a book that brilliantly weaves together the story of cotton with how the present global world came to exist"--Résumé de l'éditeur.

The Ledger and the Chain

The Ledger and the Chain
Author: Joshua D. Rothman
Release: 2021-04-20
Editor: Basic Books
Pages: 512
ISBN: 9781541616592
Language: en
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An award-winning historian reveals the harrowing forgotten story of America's internal slave trade—and its role in the making of America. Slave traders are peripheral figures in most histories of American slavery. But these men—who trafficked and sold over half a million enslaved people from the Upper South to the Deep South—were essential to slavery's expansion and fueled the growth and prosperity of the United States. In The Ledger and the Chain, acclaimed historian Joshua D. Rothman recounts the shocking story of the domestic slave trade by tracing the lives and careers of Isaac Franklin, John Armfield, and Rice Ballard, who built the largest and most powerful slave-trading operation in American history. Far from social outcasts, they were rich and widely respected businessmen, and their company sat at the center of capital flows connecting southern fields to northeastern banks. Bringing together entrepreneurial ambition and remorseless violence toward enslaved people, domestic slave traders produced an atrocity that forever transformed the nation.

Capitalism and Slavery Third Edition

Capitalism and Slavery  Third Edition
Author: Eric Williams
Release: 2021-03-02
Editor: UNC Press Books
Pages: 272
ISBN: 9781469663692
Language: en
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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. William A. Darity Jr.'s new foreword highlights Williams's insights for a new generation of readers, and Colin Palmer's introduction assesses the lasting impact of Williams's groundbreaking work and analyzes the heated scholarly debates it generated when it first appeared.

Global History Globally

Global History  Globally
Author: Sven Beckert,Dominic Sachsenmaier
Release: 2018-02-22
Editor: Bloomsbury Publishing
Pages: 320
ISBN: 9781350036369
Language: en
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In recent years historians in many different parts of the world have sought to transnationalize and globalize their perspectives on the past. Despite all these efforts to gain new global historical visions, however, the debates surrounding this movement have remained rather provincial in scope. Global History, Globally addresses this lacuna by surveying the state of global history in different world regions. Divided into three distinct but tightly interweaved sections, the book's chapters provide regional surveys of the practice of global history on all continents, review some of the research in four core fields of global history and consider a number of problems that global historians have contended with in their work. The authors hail from various world regions and are themselves leading global historians. Collectively, they provide an unprecedented survey of what today is the most dynamic field in the discipline of history. As one of the first books to systematically discuss the international dimensions of global historical scholarship and address a wealth of questions emanating from them, Global History, Globally is a must-read book for all students and scholars of global history.

Masterless Men

Masterless Men
Author: Keri Leigh Merritt
Release: 2017-05-08
Editor: Cambridge University Press
Pages: 377
ISBN: 9781107184244
Language: en
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This book examines the lives of the Antebellum South's underprivileged whites in nineteenth-century America.

Capitalism Takes Command

Capitalism Takes Command
Author: Michael Zakim,Gary J. Kornblith
Release: 2012-02-01
Editor: University of Chicago Press
Pages: 358
ISBN: 9780226451091
Language: en
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Most scholarship on nineteenth-century America’s transformation into a market society has focused on consumption, romanticized visions of workers, and analysis of firms and factories. Building on but moving past these studies, Capitalism Takes Command presents a history of family farming, general incorporation laws, mortgage payments, inheritance practices, office systems, and risk management—an inventory of the means by which capitalism became America’s new revolutionary tradition. This multidisciplinary collection of essays argues not only that capitalism reached far beyond the purview of the economy, but also that the revolution was not confined to the destruction of an agrarian past. As business ceaselessly revised its own practices, a new demographic of private bankers, insurance brokers, investors in securities, and start-up manufacturers, among many others, assumed center stage, displacing older elites and forms of property. Explaining how capital became an “ism” and how business became a political philosophy, Capitalism Takes Command brings the economy back into American social and cultural history.

No God But Gain

No God But Gain
Author: Stephen Chambers
Release: 2015-09-08
Editor: Verso Books
Pages: 272
ISBN: 9781781688083
Language: en
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From 1501 to 1867 more than 12.5 million Africans were brought to the Americas in chains, and many millions died as a result of the slave trade. The US constitution set a 20-year time limit on US participation in the trade, and on January 1, 1808, it was abolished. And yet, despite the spread of abolitionism on both sides of the Atlantic, despite numerous laws and treaties passed to curb the slave trade, and despite the dispatch of naval squadrons to patrol the coasts of Africa and the Americas, the slave trade did not end in 1808. Fully 25 percent of all the enslaved Africans to arrive in the Americas were brought after the US ban – 3.2 million people. This breakthrough history, based on years of research into private correspondence; shipping manifests; bills of laden; port, diplomatic, and court records; and periodical literature, makes undeniably clear how decisive illegal slavery was to the making of the United States. US economic development and westward expansion, as well as the growth and wealth of the North, not just the South, was a direct result and driver of illegal slavery. The Monroe Doctrine was created to protect the illegal slave trade. In an engrossing, elegant, enjoyably readable narrative, Stephen M. Chambers not only shows how illegal slavery has been wholly overlooked in histories of the early Republic, he reveals the crucial role the slave trade played in the lives and fortunes of figures like John Quincy Adams and the “generation of 1815,” the post-revolution cohort that shaped US foreign policy. This is a landmark history that will forever revise the way the early Republic and American economic development is seen.