Planting a Capitalist South
Planting a Capitalist South

Author: Tom Downey

Publisher: LSU Press

Published: 2009-08-01

Total Pages: 404

ISBN-13: 0807146811

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"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

Cold War Dixie
Cold War Dixie

Author: Kari Frederickson

Publisher: University of Georgia Press

Published: 2013-06-01

Total Pages: 241

ISBN-13: 0820345660

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Focusing on the impact of the Savannah River Plant (SRP) on the communities it created, rejuvenated, or displaced, this book explores the parallel militarization and modernization of the Cold War-era South. The SRP, a scientific and industrial complex near Aiken, South Carolina, grew out of a 1950 partnership between the Atomic Energy Commission and the DuPont Corporation and was dedicated to producing materials for the hydrogen bomb. Kari Frederickson shows how the needs of the expanding national security state, in combination with the corporate culture of DuPont, transformed the economy, landscape, social relations, and politics of this corner of the South. In 1950, the area comprising the SRP and its surrounding communities was primarily poor, uneducated, rural, and staunchly Democratic; by the mid-1960s, it boasted the most PhDs per capita in the state and had become increasingly middle class, suburban, and Republican. The SRP's story is notably dramatic; however, Frederickson argues, it is far from unique. The influx of new money, new workers, and new business practices stemming from Cold War-era federal initiatives helped drive the emergence of the Sunbelt. These factors also shaped local race relations. In the case of the SRP, DuPont's deeply conservative ethos blunted opportunities for social change, but it also helped contain the radical white backlash that was so prominent in places like the Mississippi Delta that received less Cold War investment.

American Capitalism
American Capitalism

Author: Sven Beckert

Publisher: Columbia University Press

Published: 2018-02-06

Total Pages: 473

ISBN-13: 0231546068

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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.

Postcapitalism
Postcapitalism

Author: Paul Mason

Publisher: Macmillan

Published: 2016-02-09

Total Pages: 369

ISBN-13: 0374235546

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"Originally published in 2015 by Allen Lane, an imprint of Penguin Random House, Great Britain"--Title page verso.

Slavery's Capitalism
Slavery's Capitalism

Author: Sven Beckert

Publisher: University of Pennsylvania Press

Published: 2016-07-28

Total Pages: 417

ISBN-13: 0812293096

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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.

State Capitalism
State Capitalism

Author: Joshua Kurlantzick

Publisher: Oxford University Press

Published: 2016-03-08

Total Pages: 297

ISBN-13: 0199385726

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The end of the Cold War ushered in an age of American triumphalism best characterized by the "Washington Consensus:" the idea that free markets, democratic institutions, limitations on government involvement in the economy, and the rule of law were the foundations of prosperity and stability. The last fifteen years, starting with the Asian financial crisis, have seen the gradual erosion of that consensus. Many commentators have pointed to the emergence of a powerful new rival model: state capitalism. In state capitalist regimes, the government typically owns firms in strategic industries. Not beholden to private-sector shareholders, such firms are allowed to operate with razor-thin margins if the state deems them strategically important. China, soon to be the world's largest economy, is the best known state capitalist regime, but it is hardly the only one. In State Capitalism, Joshua Kurlantzick ranges across the world--China, Thailand, Brazil, Russia, South Africa, Turkey, and more--and argues that the increase in state capitalism across the globe has, on balance, contributed to a decline in democracy. He isolates some of the reasons for state capitalism's resurgence: the fact that globalization favors economies of scale in the most critical industries, and the widespread rejection of the Washington Consensus in the face of the problems that have plagued the world economy in recent years. That said, a number of democratic nations have embraced state capitalism, and in those regimes, state-backed firms like Brazil's Embraer have enjoyed considerable success. Kurlantzick highlights the mixed record and the evolving nature of the model, yet he is more concerned about the negative effects of state capitalism. When states control firms, whether in democratic or authoritarian regimes, the government increases its advantage over the rest of society. The combination of new technologies, the perceived failures of liberal economics and democracy in many developing nations, the rise of modern kinds of authoritarians, and the success of some of the best-known state capitalists have created an era ripe for state intervention. State Capitalism offers the sharpest analysis yet of what state capitalism's emergence means for democratic politics around the world.

Corn & Capitalism
Corn & Capitalism

Author: Arturo Warman

Publisher: Univ of North Carolina Press

Published: 2003

Total Pages: 294

ISBN-13: 9780807854372

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Exploring the history and importance of corn worldwide, Arturo Warman traces its development from a New World food of poor and despised peoples into a commodity that plays a major role in the modern global economy. The book, first published in Mexico i

Slavery and Historical Capitalism during the Nineteenth Century
Slavery and Historical Capitalism during the Nineteenth Century

Author: Dale Tomich

Publisher: Lexington Books

Published: 2017-10-16

Total Pages: 217

ISBN-13: 1498565840

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This book examines the historiography of nineteenth century slavery from the perspective of the “second slavery.” The concept of the second slavery emphasizes the relationship between local histories and world-economic transformations. It breaks with conventional narratives of slavery by emphasizing the expansion of reconfigured slaveries in extensive new zones of commodity production in Brazil, Cuba and the US South as part of world-economic processes of decolonization, industrialization, urbanization, and the creation of mass markets. Thus, slavery was not a moribund institution. Capitalist modernity, liberal ideology, and anti-slavery from above or from below, faced a vigorous foe that operated within the very economic, political, and cultural premises of the changing 19th century world. This perspective offers an original approach to the history of slavery. It has opened up vigorous debates over slavery and anti-slavery, Atlantic history and capitalism. An international group of scholars critically engage older traditions of scholarship on Atlantic history, the economic history of slavery, and the history of slavery in Cuba, Brazil, and the United States from the perspective of the second slavery. Each chapter reinterprets its subject matter in a way that opens out to dialogue between national historiographies and to a reformulation of Atlantic and world-economic history. This collection of essays contributes to the development of a more productive conceptual framework for the reconstruction and reinterpretation of the historical relation of slavery and world capitalism during the nineteenth century.

Engendering Development
Engendering Development

Author: Amy Trauger

Publisher: Routledge

Published: 2019-05-10

Total Pages: 410

ISBN-13: 1351819801

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Engendering Development demonstrates how gender is a form of inequality that is used to generate global capitalist development. It charts the histories of gender, race, class, sexuality and nationality as categories of inequality under imperialism, which continue to support the accumulation of capital in the global economy today. The textbook draws on feminist and critical development scholarship to provide insightful ways of understanding and critiquing capitalist economic trajectories by focusing on the way development is enacted and protested by men and women. It incorporates analyses of the lived experiences in the global north and south in place-specific ways. Taking a broad perspective on development, Engendering Development draws on textured case studies from the authors’ research and the work of geographers and feminist scholars. The cases demonstrate how gendered, raced and classed subjects have been enrolled in global capitalism, and how individuals and communities resist, embrace and rework development efforts. This textbook starts from an understanding of development as global capitalism that perpetuates and benefits from gendered, raced and classed hierarchies. The book will prove to be useful to advanced undergraduate and graduate students enrolled in courses on development through its critical approach to development conveyed with straightforward arguments, detailed case studies, accessible writing and a problem-solving approach based on lived experiences.

Race and the Law in South Carolina
Race and the Law in South Carolina

Author: John Wertheimer

Publisher: Amherst College Press

Published: 2023

Total Pages: 346

ISBN-13: 1943208328

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Race and the Law in South Carolina carefully reconstructs the social history behind six legal disputes heard in the South Carolina courts between the 1840s and the 1940s. The book uses these case studies to probe the complex relationship between race and the law in the American South during a century that included slavery, Reconstruction, and Jim Crow. Throughout most of the period covered in the book, the South Carolina legal system obsessively drew racial lines, always to the detriment of nonwhite people. Occasionally, however, the legal system also provided a public forum--perhaps the region's best--within which racism could openly be challenged. The book emphasizes how dramatically the degree of legal oppressiveness experienced by Black South Carolinians varied during the century under study, based largely on the degree of Black access to political and legal power. During the era of slavery, both enslaved and nominally "free" Black South Carolinians suffered extreme legal disenfranchisement. They had no political voice and precious little access to legal redress. They could not vote, serve in public office, sit on juries, or testify in court against whites. There were no Black lawyers. Black South Carolinians had essentially no claims-making ability, resulting, unsurprisingly, in a deeply oppressive, thoroughly racialized system. Most of these antebellum legal disenfranchisements were overturned during the post-Civil War era of Reconstruction. In the wake of abolition, Reconstruction-era reformers in South Carolina erased one racial distinction after another from state law. For a time, Black men voted and Black jurors sat in rough proportion to their share of the state's population. The state's first Black lawyers and officeholders appeared. Among them was an attorney from Pennsylvania named Jonathan Jasper Wright, who ascended to the South Carolina Supreme Court in 1870, becoming the nation's first Black appellate justice. By the turn of the twentieth century, however, an explicitly white supremacist movement had rolled back many of the egalitarian gains of the Reconstruction era and reimposed a legalized racial hierarchy in South Carolina. The book explores three prominent features of the resulting Jim Crow system (segregated schools, racially skewed juries, and lynching) and documents the commitment of both elite and non-elite whites to using legal and quasi-legal tools to establish hierarchical racial distinctions. It also shows how Black lawyers and others used the law to combat some of Jim Crow's worst excesses. In this sense the book demonstrates the persistence of many Reconstruction-era reforms, including emancipation, Black education, the legal language of equal protection, Black lawyers, and Black access to the courts.