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In this provocative and intricate analysis of the postbellum southern economy, Gavin Wright finds in the South’s peculiar labor market the answer to the perennial question of why the region remained backward for so long. After the Civil War, Wright explains, the South continued to be a low-wage regional market embedded in a high-wage national economy. He vividly details the origins, workings, and ultimate demise of that distinct system. The post-World War II southern economy, which created today’s Sunbelt, Wright shows, is not the result of the evolution of the old system, but the product of a revolution brought on by the New Deal and World War II that shattered the South’s stagnant structure and created a genuinely new, thriving order.
What would separate Union and Confederate countries look like if the South had won the Civil War? In fact, this was something that southern secessionists actively debated. Imagining themselves as nation builders, they understood the importance of a plan for the economic structure of the Confederacy. The traditional view assumes that Confederate slave-based agrarianism went hand in hand with a natural hostility toward industry and commerce. Turning conventional wisdom on its head, John Majewski's analysis finds that secessionists strongly believed in industrial development and state-led modernization. They blamed the South's lack of development on Union policies of discriminatory taxes on southern commerce and unfair subsidies for northern industry. Majewski argues that Confederates' opposition to a strong central government was politically tied to their struggle against northern legislative dominance. Once the Confederacy was formed, those who had advocated states' rights in the national legislature in order to defend against northern political dominance quickly came to support centralized power and a strong executive for war making and nation building.
An original and economically rigorous analysis of the role of slavery in generating economic "backwardness." Wright traces key reasons for the South's century-long status as a second-class country-within-a-country, and assesses the legacy of slavery, the material devastation and social upheaval of the Civil War, and the colonial exploitation of the South by northern capital. He maintains that above all the defining feature of the southern economy was the isolation of its labor market from national and international development. On this basis, Wright explains the sharecropping system, the Populist revolt, the South's limited investment in the education of its own people, and the low-skill, low-productivity, "colonial" character of the region's industrial progress. Only the intervention of the Federal Government during the Great Depression, the author argues, destroyed the bases of the South's low-wage economy, led to long-delayed mechanization of the plantation, helped close the North-South wage gap, and created massive out-migration of unskilled labor during and after World War II. With the demise of the plantation regime, the South opened its doors to outside flows of capital and labor.
A stimulating analysis of the society and economy in the slave south.
In Southern Society and Its Transformations, a new set of scholars challenge conventional perceptions of the antebellum South as an economically static region compared to the North. Showing that the pre-Civil War South was much more complex than once thought, the essays in this volume examine the economic lives and social realities of three overlooked but important groups of southerners: the working poor, non-slaveholding whites, and middling property holders such as small planters, professionals, and entrepreneurs. The nine essays that comprise Southern Society and Its Transformations explore new territory in the study of the slave-era South, conveying how modernization took shape across the region and exploring the social processes involved in its economic developments. The book is divided into four parts, each analyzing a different facet of white southern life. The first outlines the legal dimensions of race relations, exploring the effects of lynching and the significance of Georgia’s vagrancy laws. Part II presents the advent of the market economy and its effect on agriculture in the South, including the beginning of frontier capitalism. The third section details the rise of a professional middle class in the slave era and the conflicts provoked. The book’s last section deals with the financial aspects of the transformation in the South, including the credit and debt relationships at play and the presence of corporate entrepreneurship. Between the dawn of the nation and the Civil War, constant change was afoot in the American South. Scholarship has only begun to explore these progressions in the past few decades and has given too little consideration to the economic developments with respect to the working-class experience. These essays show that a new generation of scholars is asking fresh questions about the social aspects of the South’s economic transformation. Southern Society and Its Transformations is a complex look at how whole groups of traditionally ignored white southerners in the slave era embraced modernizing economic ideas and actions while accepting a place in their race-based world. This volume will be of interest to students of Southern and U.S. economic and social history.
Winner of the American Sociological Association PEWS Award (1995) for Distinguished Scholarship The Long Twentieth Century traces the epochal shifts in the relationship between capital accumulation and state formation over a 700-year period. Giovanni Arrighi masterfully synthesizes social theory, comparative history and historical narrative in this account of the structures and agencies which have shaped the course of world history over the millennium. Borrowing from Braudel, Arrighi argues that the history of capitalism has unfolded as a succession of "long centuries"—ages during which a hegemonic power deploying a novel combination of economic and political networks secured control over an expanding world-economic space. The modest beginnings, rise and violent unravel-ing of the links forged between capital, state power, and geopolitics by hegemonic classes and states are explored with dramatic intensity. From this perspective, Arrighi explains the changing fortunes of Florentine, Venetian, Genoese, Dutch, English, and finally American capitalism. The book concludes with an examination of the forces which have shaped and are now poised to undermine America's world power.
The everyday lives of enslaved people were filled with the backbreaking tasks that their enslavers forced them to complete. But in spare moments, they found time in which to earn money and obtain goods for themselves. Enslaved people led vibrant economic lives, cultivating produce and raising livestock to trade and sell. They exchanged goods with nonslaveholding whites and even sold products to their enslavers. Did these pursuits represent a modicum of freedom in the interstices of slavery, or did they further shackle enslaved people by other means? Justene Hill Edwards illuminates the inner workings of the slaves’ economy and the strategies that enslaved people used to participate in the market. Focusing on South Carolina from the colonial period to the Civil War, she examines how the capitalist development of slavery influenced the economic lives of enslaved people. Hill Edwards demonstrates that as enslavers embraced increasingly capitalist principles, enslaved people slowly lost their economic autonomy. As slaveholders became more profit-oriented in the nineteenth century, they also sought to control enslaved people’s economic behavior and capture the gains. Despite enslaved people’s aptitude for enterprise, their market activities came to be one more part of the violent and exploitative regime that shaped their lives. Drawing on wide-ranging archival research to expand our understanding of racial capitalism, Unfree Markets shows the limits of the connection between economic activity and freedom.
Samuel Beckett, the recipient of the 1969 Nobel Prize for Literature and one of the greatest writers of our century, first published these ten short stories in 1934; they originally formed part of an unfinished novel. They trace the career of the first of Beckett’s antiheroes, Belacqua Shuah. Belacqua is a student, a philanderer, and a failure, and Beckett portrays the various aspects of his troubled existence: he studies Dante, attempts an ill-fated courtship, witnesses grotesque incidents in the streets of Dublin, attends vapid parties, endures his marriage, and meets his accidental death. These early stories point to the qualities of precision, restraint, satire, and poetry found in Beckett’s mature works, and reveal the beginning stages of Beckett’s underlying theme of bewilderment in the face of suffering.