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These essays give an account of why and how the United States grew rich in the nineteenth century.
Essays on the economic history of Western Europe since the Renaissance.
Twenty-five scholars from various disciplines analyze and explain to the reader many of the complexities of the research output of Alan S. Milward: the role of the modern European nation-state in the social, economic and political development of Europe since the 19th century; the overall social and economic impact of the two world wars; the reconstruction of Western Europe; the rationale behind the Marshall Plan and its long-term consequences; and the multidisciplinary study of the process of the political and economic integration of Europe in a long-term perspective.and the essence of his pioneering contribution to reaching a better understanding of European economic and political history in the nineteenth and twentieth centuries
This book presents memoirs of intellectual lives. In conversation with cliometricians of the next generation, twenty-five pioneering scholars reflect on changes in the practice of economic history they have observed and have helped to bring about.
This book examines the concept of Europe in its relations to those areas of the globe beyond its borders. In particular it is concerned with the historical evolution and contemporary setting of Europe vis-a-vis The United States of America, the developing world and the former Soviet Union. This involves drawing on the perspectives of international history, politics and economics. A unifying feature of the analysis included here is provided by the fact that the "bi-polar world" that emerged in the aftermath of the Second World War has effectively been brought to an end with the collapse first of Soviet control in Eastern Europe, and then by the break-up of the Soviet Union itself and a prospective reduction of American influence in western Europe. What will Europe look like in an increasingly "multi-polar world"? An answer to this depends not only on the evolving external connections between Europe and other parts of the world but also on the internal development of European political and economic integration. The dynamic of this crucial dual relationship is examined here.
Volume Two treats the 'long twentieth century' from the onset of modern economic growth to the present. It analyzes the principal dimensions of Latin America's first era of sustained economic growth from the last decades of the nineteenth century to 1930. It explores the era of inward-looking development from the 1930s to the collapse of import-substituting industrialization and the return to strategies of globalization in the 1980s. Finally, it looks at the long term trends in capital flows, agriculture and the environment.
The distinction between 'capitalism from above' and 'capitalism from below' is important in the analysis of the agrarian question in poor countries. The 'Prussian path' and the 'American path' are here examined, against existing historical scholarship. Their unfolding, from their earliest roots to the point of final 'agrarian transition' in the nineteenth and twentieth centuries, is considered. The dialectic between social relations and productive forces, mediated as it was by the state, is treated and the implications for capitalist industrialisation scrutinised.
Until the early nineteenth century, "risk" was a specialized term: it was the commodity exchanged in a marine insurance contract. Freaks of Fortune tells the story of how the modern concept of risk emerged in the United States. Born on the high seas, risk migrated inland and became essential to the financial management of an inherently uncertain capitalist future. Focusing on the hopes and anxieties of ordinary people, Jonathan Levy shows how risk developed through the extraordinary growth of new financial institutions-insurance corporations, savings banks, mortgage-backed securities markets, commodities futures markets, and securities markets-while posing inescapable moral questions. For at the heart of risk's rise was a new vision of freedom. To be a free individual, whether an emancipated slave, a plains farmer, or a Wall Street financier, was to take, assume, and manage one's own personal risk. Yet this often meant offloading that same risk onto a series of new financial institutions, which together have only recently acquired the name "financial services industry." Levy traces the fate of a new vision of personal freedom, as it unfolded in the new economic reality created by the American financial system. Amid the nineteenth-century's waning faith in God's providence, Americans increasingly confronted unanticipated challenges to their independence and security in the boom and bust chance-world of capitalism. Freaks of Fortuneis one of the first books to excavate the historical origins of our own financialized times and risk-defined lives.
In the fall of 1865, two Union officers stationed in East Tennessee during the Civil War - Hiram Chamberlain and John Wilder -- decided to stay in the South to pursue business careers. They recognized potential in the "untapped" resources they had seen during military operations in this part of the state. Within the space of four years, Chamberlain and Wilder had recruited business partners, built an operating iron furnace in the Upper Tennessee River Valley (the Roane Iron Company), and established a company town at Rockwood, Tennessee. Twenty years later, in some parts of Appalachia, new planned towns were being established by land companies that wanted to develop model industrial real estate ventures. In the Upper Tennessee River Valley, these new towns - Cardiff, Harriman, and Lenoir City, Tennessee - were planned to be the quintessential places for industrial production and urban living as they were characterized by urban/sanitary reform ideals, temperance tenets, and distinctive urban landscapes. In Appalachian Aspirations, John Benhart presents the story of the evolution of capitalism and regional development in the Upper Tennessee River Valley in the late nineteenth and early twentieth centuries.
Among regional landed elites in the Western World of the mid-1800s, the two most formidable were the owners of slave plantations in the Southern states of the U.S. and the proprietors of manorial estates in the provinces of Prussian East Elbia. Masters and Lords surveys the economic, social, and political histories of the two classes from the seventeenth and sixteenth centuries respectively, and pays particular attention to Southern planters during the secession crisis of 1860-61 and to Junkers during the revolutionary crisis of 1848-49. In the process, Bowman grapples with such ambiguous and contentious concepts as capitalism, conservatism, and paternalism. Despite very different labor systems, antebellum planters and contemporaneous Junkers alike presided over landed estates that functioned as both autocratic political communities and agricultural enterprises exporting valuable commodities to industrializing England. This book also highlights important geographic, demographic, and political contrasts between the American South and East Elbia as regional societies. Bowman concludes that the crucial distinction between the two landed elites is to be found in the Junkers' militarist and estatist monarchism versus the planters' libertarian but racist republicanism. A compelling work in comparative history, Masters and Lords will appeal to all those interested in Southern history, European history, agricultural history, and slavery.