Banking on Slavery: Financing Southern Expansion in the Antebellum United States Murphy Sharon Ann
Banking on Slavery: Financing Southern Expansion in the Antebellum United States Murphy Sharon Ann A sobering excavation of how deeply nineteenth-century American banks were entwined with the…
Specifikacia Banking on Slavery: Financing Southern Expansion in the Antebellum United States Murphy Sharon Ann
Banking on Slavery: Financing Southern Expansion in the Antebellum United States Murphy Sharon Ann
A sobering excavation of how deeply nineteenth-century American banks were entwined with the institution of slavery.It's now widely understood that the fullest expression of nineteenth-century American capitalism was found in the structures of chattel slavery. Yet as Sharon Ann Murphy shows in her powerful and unprecedented book, the centrality of enslaved labor to banking in the antebellum United States is far greater than previously thought.Banking on Slavery sheds light on precisely how the financial relationships between banks and slaveholders worked across the nineteenth-century South. It's also understood that almost every other institution and aspect of life then was at least entangled with--and often profited from--slavery's perpetuation.
Murphy argues that the rapid spread of slavery in the South during the 1820s and '30s depended significantly upon