THE HALF HAS NEVER BEEN TOLD SLAVERY AND THE MAKING OF AMERICAN CAPITALISM

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The Half Has Never Been Told

Author : Edward E. Baptist
ISBN : 9780465097685
Genre : History
File Size : 35.21 MB
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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 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. Until the Civil War, Baptist explains, the most important American economic innovations were ways to make slavery ever more profitable. Through forced migration and torture, slave owners extracted continual increases in efficiency from enslaved African Americans. Thus the United States seized control of the world market for cotton, the key raw material of the Industrial Revolution, and became a wealthy nation with global influence. 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. It forces readers to reckon with the violence at the root of American supremacy, but also with the survival and resistance that brought about slavery's end—and created a culture that sustains America's deepest dreams of freedom.
Category: History

The Half Has Never Been Told

Author : Edward E. Baptist
ISBN : 9780465097685
Genre : History
File Size : 73.18 MB
Format : PDF, ePub, Mobi
Download : 804
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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 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. Until the Civil War, Baptist explains, the most important American economic innovations were ways to make slavery ever more profitable. Through forced migration and torture, slave owners extracted continual increases in efficiency from enslaved African Americans. Thus the United States seized control of the world market for cotton, the key raw material of the Industrial Revolution, and became a wealthy nation with global influence. 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. It forces readers to reckon with the violence at the root of American supremacy, but also with the survival and resistance that brought about slavery's end—and created a culture that sustains America's deepest dreams of freedom.
Category: History

The Business Of Slavery And The Rise Of American Capitalism 1815 1860

Author : Jack Lawrence Schermerhorn
ISBN : 9780300192001
Genre : Business & Economics
File Size : 55.24 MB
Format : PDF
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Calvin Schermerhorn's provocative study views the development of modern American capitalism through the window of the nineteenth-century interstate slave trade. This eye-opening history follows money and ships as well as enslaved human beings to demonstrate how slavery was a national business supported by far-flung monetary and credit systems reaching across the Atlantic Ocean. The author details the anatomy of slave supply chains and the chains of credit and commodities that intersected with them in virtually every corner of the pre–Civil War United States, and explores how an institution that destroyed lives and families contributed greatly to the growth of the expanding republic's capitalist economy.
Category: Business & Economics

Creating An Old South

Author : Edward E. Baptist
ISBN : 9780807860038
Genre : History
File Size : 72.22 MB
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Set on the antebellum southern frontier, this book uses the history of two counties in Florida's panhandle to tell the story of the migrations, disruptions, and settlements that made the plantation South. Soon after the United States acquired Florida from Spain in 1821, migrants from older southern states began settling the land that became Jackson and Leon Counties. Slaves, torn from family and community, were forced to carve plantations from the woods of Middle Florida, while planters and less wealthy white men battled over the social, political, and economic institutions of their new society. Conflict between white men became full-scale crisis in the 1840s, but when sectional conflict seemed to threaten slavery, the whites of Middle Florida found common ground. In politics and everyday encounters, they enshrined the ideal of white male equality--and black inequality. To mask their painful memories of crisis, the planter elite told themselves that their society had been transplanted from older states without conflict. But this myth of an "Old," changeless South only papered over the struggles that transformed slave society in the course of its expansion. In fact, that myth continues to shroud from our view the plantation frontier, the very engine of conflict that had led to the myth's creation.
Category: History

American Capitalism

Author : Louis Hyman
ISBN : 9781501171307
Genre : Business & Economics
File Size : 81.16 MB
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From Cornell University Professors Louis Hyman and Edward E. Baptist, a collection of the most relevant readings on the history of capitalism in America, created to accompany their EdX course "American Capitalism: A Reader." To understand the past and especially our own times, arguably no story is as essential to get right as the history of capitalism. Nearly all of our theories about promoting progress come from how we interpret the economic changes of the last 500 years. This past decade's crises continue to remind us just how much capitalism changes, even as basic features like wage labor, financial markets, private property, and entrepreneurs endure. While capitalism has a global history, the United States plays a special role in that story. "American Capitalism: A Reader" will help you to understand how the United States became the world's leading economic power, while revealing essential lessons about what has been and what will be possible in capitalism's ongoing revolution. Combining a wealth of essential readings, introductions by Professors Baptist and Hyman, and questions to help guide readers through the materials and broader subject, this course reader will prepare students to think critically about the history of capitalism in America.
Category: Business & Economics

Slavery S Capitalism

Author : Sven Beckert
ISBN : 9780812293098
Genre : History
File Size : 87.32 MB
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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.
Category: History

Capitalism And Slavery

Author : Eric Williams
ISBN : 9781329560086
Genre : History
File Size : 82.20 MB
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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.
Category: History

American Slave Coast

Author : Ned Sublette
ISBN : 9781613748237
Genre : Social Science
File Size : 89.6 MB
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A wide-ranging, powerful, alternative vision of the history of the United States and how the slave-breeding industry shaped it The American Slave Coast tells the horrific story of how the slavery business in the United States made the reproductive labor of "breeding women" essential to the expansion of the nation. The book shows how slaves' children, and their children's children, were human savings accounts that were the basis of money and credit. This was so deeply embedded in the economy of the slave states that it could only be decommissioned by Emancipation, achieved through the bloodiest war in the history of the United States. The American Slave Coast is an alternative history of the United States that presents the slavery business, as well as familiar historical figures and events, in a revealing new light.
Category: Social Science

Reparations For Slavery And The Slave Trade

Author : Ana Lucia Araujo
ISBN : 9781350010581
Genre : Social Science
File Size : 27.80 MB
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Slavery and the Atlantic slave trade are among the most heinous crimes against humanity committed in the modern era. Yet, to this day no former slave society in the Americas has paid reparations to former slaves or their descendants. European countries have never compensated their former colonies in the Americas, whose wealth relied on slave labor, to a greater or lesser extent. Likewise, no African nation ever obtained any form of reparations for the Atlantic slave trade. Ana Lucia Araujo argues that these calls for reparations are not only not dead, but have a long and persevering history. She persuasively demonstrates that since the 18th century, enslaved and freed individuals started conceptualizing the idea of reparations in petitions, correspondences, pamphlets, public speeches, slave narratives, and judicial claims, written in English, French, Spanish, and Portuguese. In different periods, despite the legality of slavery, slaves and freed people were conscious of having been victims of a great injustice. This is the first book to offer a transnational narrative history of the financial, material, and symbolic reparations for slavery and the Atlantic slave trade. Drawing from the voices of various social actors who identified themselves as the victims of the Atlantic slave trade and slavery, Araujo illuminates the multiple dimensions of the demands of reparations, including the period of slavery, the emancipation era, the post-abolition period, and the present.
Category: Social Science

The Great Stain Witnessing American Slavery

Author : Noel Rae
ISBN : 9781468315141
Genre : History
File Size : 51.96 MB
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Comprising personal accounts from an intensely consequential chapter in our country’s history, The Great Stain tells the story of American slavery from its origins in Africa to its abolition with the end of the Civil War. In this “essential” (Kirkus) new work, Noel Rae integrates firsthand accounts into a narrative history that brings the reader face to face with slavery’s everyday reality, expertly weaving together narratives that span hundreds of years. From the travel journals of sixteenth-century Spanish settlers who offered religious instruction and “protection” in exchange for farm labor, to the diaries of poetess Phillis Wheatley and Reverend Cotton Mather, to Central Park designer Frederick Law Olmsted’s book about traveling through the “cotton states,” to an 1880 speech given by Frederick Douglass, Rae provides a comprehensive accounting of parties from throughout the antebellum history of the nation. Rae also draws on a wide variety of accounts from less distinguished individuals: a surgeon describes the brutal treatment and squalid conditions onboard a slave ship as he made his daily rounds to collect the dead; an Englishman visiting Haiti observes violent uprisings as, separated from the population on the mainland, slaves were able to overpower their captors. Most significant are the texts from and interviews with former slaves themselves, ranging from the famous Solomon Northup to the virtually unknown Mary Reynolds, who was sold away from her mother and subsequently bought back not for sentiment or kindness, but because after losing her daughter, the family’s wet nurse began to waste away from grief. Surpassing a dispassionate listing of atrocities, Rae places the reader within the era. Drawing on thousands of original sources, The Great Stain tells of repression and resistance in a society based on the exploitation of the cheapest labor and fallacies of racial superiority. Meticulously researched, this is a work of history that is profoundly relevant to our world today.
Category: History