Southern Capitalists
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Southern Capitalists
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Author : Laurence Shore
language : en
Publisher: Chapel Hill : University of North Carolina Press
Release Date : 1986
Southern Capitalists written by Laurence Shore and has been published by Chapel Hill : University of North Carolina Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 1986 with Biography & Autobiography categories.
Southern Capitalists: The Ideological Leadership of an Elite, 1832-1885
Planting A Capitalist South
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Author : Tom Downey
language : en
Publisher: LSU Press
Release Date : 2009-08-01
Planting A Capitalist South written by Tom Downey and has been published by LSU Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2009-08-01 with History categories.
"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
Between Slavery And Capitalism
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Author : Martin Ruef
language : en
Publisher: Princeton University Press
Release Date : 2016-12-13
Between Slavery And Capitalism written by Martin Ruef and has been published by Princeton University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016-12-13 with Business & Economics categories.
"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.
Cotton Capitalists
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Author : Michael R Cohen
language : en
Publisher: NYU Press
Release Date : 2017-12-05
Cotton Capitalists written by Michael R Cohen and has been published by NYU Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-12-05 with History categories.
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.
Cavaliers And Economists
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Author : Katharine A. Burnett
language : en
Publisher: LSU Press
Release Date : 2019-05-15
Cavaliers And Economists written by Katharine A. Burnett and has been published by LSU Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-05-15 with Literary Criticism categories.
Offering a compelling intervention in studies of antebellum writing, Katharine A. Burnett’s Cavaliers and Economists: Global Capitalism and the Development of Southern Literature, 1820–1860 examines how popular modes of literary production in the South emerged in tandem with the region’s economic modernization. In a series of deeply historicized readings, Burnett positions southern literary form and genre as existing in dialogue with the plantation economy’s evolving position in the transatlantic market before the Civil War. The antebellum southern economy comprised part of a global network of international commerce driven by a version of laissez-faire liberal capitalism that championed unrestricted trade and individual freedom to pursue profit. Yet the economy of the U.S. South consisted of large-scale plantations that used slave labor to cultivate staple crops, including cotton. Each individual plantation functioned as a racially and socially repressive community, a space that seemingly stood apart from the international economic networks that fueled southern capitalism. For writers from the South, fiction became a way to imagine the region as socially and culturally progressive, while still retaining hallmarks of “traditional” southern culture—namely plantation slavery—in the context of a rapidly changing global economy. Burnett excavates an elaborate network of transatlantic literary exchange, operating concurrently with the region’s economic expansion, in which southern writers adopted popular British genres, such as the historical romance and the seduction novel, as models for their own representations of the U.S. South. Each chapter focuses on a different genre, pairing largely under-studied southern texts with well-known British works. Ranging from the humorous sketch to the imperial adventure tale and the social problem novel, Cavaliers and Economists reveals how southern writers like Augusta Jane Evans, Johnson Jones Hooper, Maria McIntosh, William Gilmore Simms, and George Tucker reworked familiar literary forms to reinvent the South through fiction. By considering the intersection of economic history and literary genre, Cavaliers and Economists provides an expansive study of the means by which authors created southern literature in relation to global free market capitalism, showing that, in the process, they renegotiated and rejustified the institution of slavery.
Southern Capitalism
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Author : Philip J. Wood
language : en
Publisher: Duke University Press
Release Date : 1986-08-13
Southern Capitalism written by Philip J. Wood and has been published by Duke University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 1986-08-13 with History categories.
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.
From Slavery To Agrarian Capitalism In The Cotton Plantation South
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Author : Joseph P. Reidy
language : en
Publisher: Univ of North Carolina Press
Release Date : 1992
From Slavery To Agrarian Capitalism In The Cotton Plantation South written by Joseph P. Reidy and has been published by Univ of North Carolina Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 1992 with History categories.
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
The First American Frontier
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Author : Wilma A. Dunaway
language : en
Publisher: Univ of North Carolina Press
Release Date : 2000-11-09
The First American Frontier written by Wilma A. Dunaway and has been published by Univ of North Carolina Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2000-11-09 with History categories.
In The First American Frontier, Wilma Dunaway challenges many assumptions about the development of preindustrial Southern Appalachia's society and economy. Drawing on data from 215 counties in nine states from 1700 to 1860, she argues that capitalist exchange and production came to the region much earlier than has been previously thought. Her innovative book is the first regional history of antebellum Southern Appalachia and the first study to apply world-systems theory to the development of the American frontier. Dunaway demonstrates that Europeans established significant trade relations with Native Americans in the southern mountains and thereby incorporated the region into the world economy as early as the seventeenth century. In addition to the much-studied fur trade, she explores various other forces of change, including government policy, absentee speculation in the region's natural resources, the emergence of towns, and the influence of local elites. Contrary to the myth of a homogeneous society composed mainly of subsistence homesteaders, Dunaway finds that many Appalachian landowners generated market surpluses by exploiting a large landless labor force, including slaves. In delineating these complexities of economy and labor in the region, Dunaway provides a perceptive critique of Appalachian exceptionalism and development.
Capitalism Slavery And Republican Values
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Author : Allen Kaufman
language : en
Publisher: University of Texas Press
Release Date : 2012-03-15
Capitalism Slavery And Republican Values written by Allen Kaufman and has been published by University of Texas Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-03-15 with History categories.
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.
Southern Scoundrels
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Author : Jeff Forret
language : en
Publisher: LSU Press
Release Date : 2021-04-21
Southern Scoundrels written by Jeff Forret and has been published by LSU Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-04-21 with History categories.
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
