Slavery's Capitalism A New History of American Economic Development

"Slavery's Capitalism is a time capsule, neatly containing one of the most important developments in American scholarly and public life that took place during the Obama presidency. . . . The publication of Slavery's Capitalism at the tail end of the Obama era thus provides the perfect opportunity to take stock of what was accomplished in the last round of historicization: to see what is valuable in the paradigm of 'slavery's capitalism,' what is new about the 'new' history of capitalism in the United States, and what, if any, dangers of presentism its practitioners succumbed to. The book both incorporates and builds on a wave of recent scholarship on slavery and capitalism in the United States." (Times Literary Supplement) "The intimate relationship between capitalism and slavery has been too-long dismissed, and with it, the centrality of African and African American labor to the foundation of our modern economic system. Slavery's Capitalism announces the emergence of a new generation of scholars whose detailed research into every nook and cranny of emerging capitalism reveals the inextricable links between the enslavement of people of African descent and today's global economy." (Leslie Harris, Emory University) "The centrality of slavery to the economic development of the United States is revealed here more fully, in more dimensions, than in any other book. Anyone who wants to understand this profound revolution in historical thinking will find no better place to start." (Edward L. Ayers, author of In the Presence of Mine Enemies: Civil War in the Heart of America) "This fascinating collection of essays adds striking new insights to the venerable debate over the relationship between capitalism and slavery. It demonstrates slavery's centrality to the nineteenth-century Atlantic economy, and how slavery was fully compatible with technological, managerial, and financial innovation, but also why southern slavery differed from northern capitalism in ways that helped to produce the irrepressible conflict." (Eric Foner, author of Gateway to Freedom: The Hidden History of the Underground Railroad) "With some of the best work in one of the hottest fields in American history, Slavery's Capitalism re-centers the history of American capitalism on racial slavery as the U.S. economy's initial engine for development. I admire the ambition of the scholarly project and applaud the topical range of the essays." (Gary J. Kornblith, coeditor of Capitalism Takes Command: The Social Transformation of Nineteenth-Century America)