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.

Slavery as an industrial system
Slavery as an industrial system

Author: H. J. Nieboer

Publisher: epubli

Published: 2024-10-20

Total Pages: 459

ISBN-13: 3759899889

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In most branches of knowledge the phenomena the man of science has to deal with have their technical names; and, when using a scientific term, he need not have regard to the meaning this term conveys in ordinary language; he knows he will not be misunderstood by his fellow-scientists. For instance, the Germans call a whale Wallfisch, and the English speak of shell-fish; but a zoölogist, using the word fish, need not fear that any competent person will think he means whales or shell-fish. In ethnology the state of things is quite different. There are a few scientific names bearing a definite meaning, such as the terms "animism" and "survival", happily introduced by Professor Tylor. But most phenomena belonging to our science have not yet been accurately investigated; so it is no wonder, that different writers (sometimes even the same writer on different pages) give different names to the same phenomenon, whereas on the other hand sometimes the same term (e.g. "matriarchy") is applied to widely different phenomena. As for the subject we are about to treat of, we shall presently see that several writers have given a definition of slavery; but no one has taken the trouble to inquire whether his definition can be of any practical use in social science. Therefore we shall try to give a good definition and justify it.

Capitalism and Slavery
Capitalism and Slavery

Author: Eric Williams

Publisher: UNC Press Books

Published: 2014-06-30

Total Pages: 308

ISBN-13: 1469619490

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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. 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.

The Half Has Never Been Told
The Half Has Never Been Told

Author: Edward E Baptist

Publisher: Basic Books

Published: 2016-10-25

Total Pages: 558

ISBN-13: 0465097685

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A groundbreaking history demonstrating that America's economic supremacy was built on the backs of enslaved people Winner of the 2015 Avery O. Craven Prize from the Organization of American Historians Winner of the 2015 Sidney Hillman Prize 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 the intimate testimonies of survivors of slavery, plantation records, newspapers, as well as the words of politicians and entrepreneurs, The Half Has Never Been Told offers a radical new interpretation of American history.

Slavery by Another Name
Slavery by Another Name

Author: Douglas A. Blackmon

Publisher: Icon Books

Published: 2012-10-04

Total Pages: 429

ISBN-13: 1848314132

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A Pulitzer Prize-winning history of the mistreatment of black Americans. In this 'precise and eloquent work' - as described in its Pulitzer Prize citation - Douglas A. Blackmon brings to light one of the most shameful chapters in American history - an 'Age of Neoslavery' that thrived in the aftermath of the Civil War through the dawn of World War II. Using a vast record of original documents and personal narratives, Blackmon unearths the lost stories of slaves and their descendants who journeyed into freedom after the Emancipation Proclamation and then back into the shadow of involuntary servitude thereafter. By turns moving, sobering and shocking, this unprecedented account reveals these stories, the companies that profited the most from neoslavery, and the insidious legacy of racism that reverberates today.

The Logic of Slavery
The Logic of Slavery

Author: Tim Armstrong

Publisher: Cambridge University Press

Published: 2012-08-27

Total Pages: 265

ISBN-13: 1139510983

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In American history and throughout the Western world, the subjugation perpetuated by slavery has created a unique 'culture of slavery'. That culture exists as a metaphorical, artistic and literary tradition attached to the enslaved - human beings whose lives are 'owed' to another, who are used as instruments by another and who must endure suffering in silence. Tim Armstrong explores the metaphorical legacy of slavery in American culture by investigating debt, technology and pain in African-American literature and a range of other writings and artworks. Armstrong's careful analysis reveals how notions of the slave as a debtor lie hidden in our accounts of the commodified self and how writers like Nathaniel Hawthorne, Rebecca Harding Davis, Booker T. Washington, W. E. B. Du Bois, Ralph Ellison and Toni Morrison grapple with the pervasive view that slaves are akin to machines.

The Reinvention of Atlantic Slavery
The Reinvention of Atlantic Slavery

Author: Daniel Rood

Publisher: Oxford University Press

Published: 2017

Total Pages: 289

ISBN-13: 0190655267

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The Reinvention of Atlantic Slavery shows how, at a moment of crisis after the Age of Revolutions, ambitious planters in the Upper US South, Cuba, and Brazil forged a new set of relationships with one another to sidestep the financial dominance of Great Britain and the northeastern United States. They hired 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 and maintain profitability. These experts depended on the know-how of slaves alongside whom they worked. Bondspeople with industrial craft skills played key roles in the development of new production technologies like sugar mills. While the very existence of skilled enslaved workers contradicted the racial ideologies underpinning slavery and allowed black people to wield new kinds of authority within the plantation world, their contributions reinforced the economic dynamism of the slave economies of Cuba, Brazil, and the Upper South. When separate wars broke out in all three locations in the 1860s, the transnational bloc of masters and experts took up arms to perpetuate the Greater Caribbean they had built throughout the 1840s and 1850s. Slaves played key wartime roles on the opposing side, helping put an end to chattel slavery. However, the worldwide racial division of labor that emerged from the reinvented plantation complex has proved more durable.