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Cotton Capitalists - American Jewish Entrepreneurship in the Reconstruction Era (Hardcover) Loot Price: R1,447
Discovery Miles 14 470
Cotton Capitalists - American Jewish Entrepreneurship in the Reconstruction Era (Hardcover): Michael R. Cohen

Cotton Capitalists - American Jewish Entrepreneurship in the Reconstruction Era (Hardcover)

Michael R. Cohen

Series: Goldstein-Goren Series in American Jewish History

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Loot Price R1,447 Discovery Miles 14 470 | Repayment Terms: R136 pm x 12*

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Honorable Mention, 2019 Saul Viener Book Prize, given by the American Jewish Historical Society A vivid history of the American Jewish merchants who concentrated in the nation's most important economic sector In the nineteenth century, Jewish merchants created a thriving niche economy in the United States' most important industry-cotton-positioning themselves at the forefront of expansion during the Reconstruction Era. Jewish success in the cotton industry was transformative for both Jewish communities and their development, and for the broader economic restructuring of the South. Cotton Capitalists analyzes this niche economy and reveals its origins. Michael R. Cohen argues that Jewish merchants' status as a minority fueled their success by fostering ethnic networks of trust. Trust in the nineteenth century was the cornerstone of economic transactions, and this trust was largely fostered by ethnicity. Much as money flowed along ethnic lines between Anglo-American banks, Jewish merchants in the Gulf South used their own ethnic ties with other Jewish-owned firms in New York, as well as Jewish investors across the globe, to capitalize their businesses. They relied on these family connections to direct Northern credit and goods to the war-torn South, avoiding the constraints of the anti-Jewish prejudices which had previously denied them access to credit, allowing them to survive economic downturns. These American Jewish merchants reveal that ethnicity matters in the development of global capitalism. Ethnic minorities are and have frequently been at the forefront of entrepreneurship, finding innovative ways to expand narrow sectors of the economy. While this was certainly the case for Jews, it has also been true for other immigrant groups more broadly. The story of Jews in the American cotton trade is far more than the story of American Jewish success and integration-it is the story of the role of ethnicity in the development of global capitalism.

General

Imprint: New York University Press
Country of origin: United States
Series: Goldstein-Goren Series in American Jewish History
Release date: December 2017
Authors: Michael R. Cohen
Dimensions: 229 x 152 x 28mm (L x W x T)
Format: Hardcover - Cloth over boards
Pages: 288
ISBN-13: 978-1-4798-7970-0
Categories: Books > Humanities > History > History of specific subjects > Social & cultural history
Books > Humanities > History > History of specific subjects > Economic history
Books > Humanities > Religion & beliefs > General > History of religion
Books > Business & Economics > Business & management > Ownership & organization of enterprises > Entrepreneurship
Books > Humanities > Religion & beliefs > Non-Christian religions > Judaism > General
Books > History > History of specific subjects > Economic history
Books > History > History of specific subjects > Social & cultural history
Books > Religion & Spirituality > Non-Christian religions > Judaism > General
Books > Religion & Spirituality > General > History of religion
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LSN: 1-4798-7970-3
Barcode: 9781479879700

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