In 1850, America's plantation economy reigned supreme. U.S. cotton dominated world markets, and American rice, sugarcane, and tobacco grew throughout a vast farming empire that stretched from Maryland to Texas. Four million enslaved African Americans toiled the fields, producing global commodities that enriched the most powerful class of slaveholders the world had ever known. But fifty years later-after emancipation demolished the plantation-labor system, Asian competition flooded world markets with cheap raw materials, and free trade eliminated protected markets-America's plantations lay in ruins. Plantation Kingdom traces the rise and fall of America's plantation economy. Written by four renowned historians, the book demonstrates how an international capitalist system rose out of slave labor, indentured servitude, and the mass production of agricultural commodities for world markets. Vast estates continued to exist after emancipation, but tenancy and sharecropping replaced slavery's work gangs across most of the plantation world. Poverty and forced labor haunted the region well into the twentieth century. The book explores the importance of slavery to the Old South, the astounding profitability of plantation agriculture, and the legacy of emancipation. It also examines the place of American producers in world markets and considers the impact of globalization and international competition 150 years ago. Written for scholars and students alike, Plantation Kingdom is an accessible and fascinating study.

In 1850, America's plantation economy reigned supreme. U.S. cotton dominated world markets, and American rice, sugarcane, and tobacco grew throughout a vast farming empire that stretched from Maryland to Texas. Four million enslaved African Americans toiled the fields, producing global commodities that enriched the most powerful class of slaveholders the world had ever known. But fifty years later-after emancipation demolished the plantation-labor system, Asian competition flooded world markets with cheap raw materials, and free trade eliminated protected markets-America's plantations lay in ruins. Plantation Kingdom traces the rise and fall of America's plantation economy. Written by four renowned historians, the book demonstrates how an international capitalist system rose out of slave labor, indentured servitude, and the mass production of agricultural commodities for world markets. Vast estates continued to exist after emancipation, but tenancy and sharecropping replaced slavery's work gangs across most of the plantation world. Poverty and forced labor haunted the region well into the twentieth century. The book explores the importance of slavery to the Old South, the astounding profitability of plantation agriculture, and the legacy of emancipation. It also examines the place of American producers in world markets and considers the impact of globalization and international competition 150 years ago. Written for scholars and students alike, Plantation Kingdom is an accessible and fascinating study.

WINNER OF THE 2015 BANCROFT PRIZE WINNER OF THE 2015 PHILIP TAFT PRIZE FINALIST FOR THE 2015 PULITZER PRIZE FOR HISTORY SHORTLISTED FOR THE 2015 CUNDHILL PRIZE IN HISTORICAL LITERATURE Economist BOOKS OF THE YEAR 2015 'Knowledgeable and stunning' Orhan Pamuk 'A masterpiece of the historian's craft' The Nation For about 900 years, from 1000 to 1900, cotton was the world's most important manufacturing industry. It remains a vast business - if all the cotton bales produced in 2013 had been stacked on top of each other they would have made a somewhat unstable tower 40,000 miles high. Sven Beckert's superb new book is a history of the overwhelming role played by cotton in dictating the shape of our world. It is both a gripping narrative and a brilliant case history of how the world works.

During the nineteenth century, the United States entered the ranks of the world's most advanced and dynamic economies. At the same time, the nation sustained an expansive and brutal system of human bondage. This was no mere coincidence. Slavery's Capitalism argues for slavery's centrality to the emergence of American capitalism in the decades between the Revolution and the Civil War. According to editors Sven Beckert and Seth Rockman, the issue is not whether slavery itself was or was not capitalist but, rather, the impossibility of understanding the nation's spectacular pattern of economic development without situating slavery front and center. American capitalism-renowned for its celebration of market competition, private property, and the self-made man-has its origins in an American slavery predicated on the abhorrent notion that human beings could be legally owned and compelled to work under force of violence. Drawing on the expertise of sixteen scholars who are at the forefront of rewriting the history of American economic development, Slavery's Capitalism identifies slavery as the primary force driving key innovations in entrepreneurship, finance, accounting, management, and political economy that are too often attributed to the so-called free market. Approaching the study of slavery as the originating catalyst for the Industrial Revolution and modern capitalism casts new light on American credit markets, practices of offshore investment, and understandings of human capital. Rather than seeing slavery as outside the institutional structures of capitalism, the essayists recover slavery's importance to the American economic past and prompt enduring questions about the relationship of market freedom to human freedom. Contributors: Edward E. Baptist, Sven Beckert, Daina Ramey Berry, Kathryn Boodry, Alfred L. Brophy, Stephen Chambers, Eric Kimball, John Majewski, Bonnie Martin, Seth Rockman, Daniel B. Rood, Caitlin Rosenthal, Joshua D. Rothman, Calvin Schermerhorn, Andrew Shankman, Craig Steven Wilder.

The United States has long epitomized capitalism. From its enterprising shopkeepers, wildcat banks, violent slave plantations, and raucous commodities trade to its world-spanning multinationals, its massive factories, and the centripetal power of New York in the world of finance, America has shaped political economy for two centuries and more. But an understanding of "capitalism" is as elusive as it is urgent. What does it mean to make capitalism a subject of historical inquiry? What is its potential across multiple disciplines, alongside different methodologies, and in a range of geographic and chronological settings? And how does a focus on capitalism change our understanding of American history? American Capitalism collects cutting-edge research from prominent scholars, sampling the latest work in the field. Rather than a monolithic perspective, these broad-minded and rigorous essays venture new angles on finance and debt, women's rights, slavery and political economy, labor, and regulation, among other topics. Together, the essays suggest emerging themes in the field: a fascination with capitalism as it is made by public authority, how it is experienced in the detail of daily life, how it spreads across the globe, and how it can be reconceptualized as a discrete and quantified object. A major statement for a wide-open field, this book demonstrates the breadth and scope of the work the history of capitalism can provoke.

During the nineteenth century, the United States entered the ranks of the world's most advanced and dynamic economies. At the same time, the nation sustained an expansive and brutal system of human bondage. This was no mere coincidence. Slavery's Capitalism argues for slavery's centrality to the emergence of American capitalism in the decades between the Revolution and the Civil War. According to editors Sven Beckert and Seth Rockman, the issue is not whether slavery itself was or was not capitalist but, rather, the impossibility of understanding the nation's spectacular pattern of economic development without situating slavery front and center. American capitalism-renowned for its celebration of market competition, private property, and the self-made man-has its origins in an American slavery predicated on the abhorrent notion that human beings could be legally owned and compelled to work under force of violence. Drawing on the expertise of sixteen scholars who are at the forefront of rewriting the history of American economic development, Slavery's Capitalism identifies slavery as the primary force driving key innovations in entrepreneurship, finance, accounting, management, and political economy that are too often attributed to the so-called free market. Approaching the study of slavery as the originating catalyst for the Industrial Revolution and modern capitalism casts new light on American credit markets, practices of offshore investment, and understandings of human capital. Rather than seeing slavery as outside the institutional structures of capitalism, the essayists recover slavery's importance to the American economic past and prompt enduring questions about the relationship of market freedom to human freedom. Contributors: Edward E. Baptist, Sven Beckert, Daina Ramey Berry, Kathryn Boodry, Alfred L. Brophy, Stephen Chambers, Eric Kimball, John Majewski, Bonnie Martin, Seth Rockman, Daniel B. Rood, Caitlin Rosenthal, Joshua D. Rothman, Calvin Schermerhorn, Andrew Shankman, Craig Steven Wilder.

The United States has long epitomized capitalism. From its enterprising shopkeepers, wildcat banks, violent slave plantations, huge industrial working class, and raucous commodities trade to its world-spanning multinationals, its massive factories, and the centripetal power of New York in the world of finance, America has come to symbolize capitalism for two centuries and more. But an understanding of the history of American capitalism is as elusive as it is urgent. What does it mean to make capitalism a subject of historical inquiry? What is its potential across multiple disciplines, alongside different methodologies, and in a range of geographic and chronological settings? And how does a focus on capitalism change our understanding of American history? American Capitalism presents a sampling of cutting-edge research from prominent scholars. These broad-minded and rigorous essays venture new angles on finance, debt, and credit; women's rights; slavery and political economy; the racialization of capitalism; labor beyond industrial wage workers; and the production of knowledge, including the idea of the economy, among other topics. Together, the essays suggest emerging themes in the field: a fascination with capitalism as it is made by political authority, how it is claimed and contested by participants, how it spreads across the globe, and how it can be reconceptualized without being universalized. A major statement for a wide-open field, this book demonstrates the breadth and scope of the work that the history of capitalism can provoke.

Slavery and the University is the first edited collection of scholarly essays devoted solely to the histories and legacies of this subject on North American campuses and in their Atlantic contexts. Gathering together contributions from scholars, activists, and administrators, the volume combines two broad bodies of work: (1) historically based interdisciplinary research on the presence of slavery at higher education institutions in terms of the development of proslavery and antislavery thought and the use of slave labor; and (2) analysis on the ways in which the legacies of slavery in institutions of higher education continued in the post-Civil War era to the present day. The collection features broadly themed essays on issues of religion, economy, and the regional slave trade of the Caribbean. It also includes case studies of slavery's influence on specific institutions, such as Princeton University, Harvard University, Oberlin College, Emory University, and the University of Alabama. Though the roots of Slavery and the University stem from a 2011 conference at Emory University, the collection extends outward to incorporate recent findings. As such, it offers a roadmap to one of the most exciting developments in the field of U.S. slavery studies and to ways of thinking about racial diversity in the history and current practices of higher education.

In recent years historians in many different parts of the world have sought to transnationalize and globalize their perspectives on the past. Despite all these efforts to gain new global historical visions, however, the debates surrounding this movement have remained rather provincial in scope. Global History, Globally addresses this lacuna by surveying the state of global history in different world regions. Divided into three distinct but tightly interweaved sections, the book's chapters provide regional surveys of the practice of global history on all continents, review some of the research in four core fields of global history and consider a number of problems that global historians have contended with in their work. The authors hail from various world regions and are themselves leading global historians. Collectively, they provide an unprecedented survey of what today is the most dynamic field in the discipline of history. As one of the first books to systematically discuss the international dimensions of global historical scholarship and address a wealth of questions emanating from them, Global History, Globally is a must-read book for all students and scholars of global history.

Seeking to historicize the 2007-2009 Great Recession, this volume of essays situates the current economic crisis and its impact on workers in the context of previous abrupt shifts in the modern-day capitalist marketplace. Contributors use examples from industrialized North America, South America, Europe, Asia, and Australia to demonstrate how workers and states have responded to those shifts and to their disempowering effects on labor. Since the Industrial Revolution, contributors argue, factors such as race, sex, and state intervention have mediated both the effect of economic depressions on workers' lives and workers' responses to those depressions. Contributors also posit a varying dynamic between political upheaval and economic crises, and between workers and the welfare state. The volume ends with an examination of today's "Great Recession": its historical distinctiveness, its connection to neoliberalism, and its attendant expressions of worker status and agency around the world. A sobering conclusion lays out a likely future for workers--one not far removed from the instability and privation of the nineteenth century. The essays in this volume offer up no easy solutions to the challenges facing today's workers. Nevertheless, they make clear that cogent historical thinking is crucial to understanding those challenges, and they push us toward a rethinking of the relationship between capital and labor, the waged and unwaged, and the employed and jobless. Contributors are Sven Beckert, Sean Cadigan, Leon Fink, Alvin Finkel, Wendy Goldman, Gaetan Heroux, Joseph A. McCartin, David Montgomery, Edward Montgomery, Scott Reynolds Nelson, Melanie Nolan, Bryan D. Palmer, Joan Sangster, Judith Stein, Hilary Wainright, and Lu Zhang.

Slavery and the University is the first edited collection of scholarly essays devoted solely to the histories and legacies of this subject on North American campuses and in their Atlantic contexts. Gathering together contributions from scholars, activists, and administrators, the volume combines two broad bodies of work: (1) historically based interdisciplinary research on the presence of slavery at higher education institutions in terms of the development of proslavery and antislavery thought and the use of slave labor; and (2) analysis on the ways in which the legacies of slavery in institutions of higher education continued in the post-Civil War era to the present day. The collection features broadly themed essays on issues of religion, economy, and the regional slave trade of the Caribbean. It also includes case studies of slavery's influence on specific institutions, such as Princeton University, Harvard University, Oberlin College, Emory University, and the University of Alabama. Though the roots of Slavery and the University stem from a 2011 conference at Emory University, the collection extends outward to incorporate recent findings. As such, it offers a roadmap to one of the most exciting developments in the field of U.S. slavery studies and to ways of thinking about racial diversity in the history and current practices of higher education.

Tracing the shifting fortunes and changing character of New York City's economic elite over half a century, Sven Beckert brings to light a neglected--and critical--chapter in the social history of the U.S.: the rise of an American bourgeoisie. The Monied Metropolis is the first comprehensive history of New York's economic elite, the most powerful group in nineteenth-century America. Beckert explains how a small and diverse group of New Yorkers came to wield unprecedented economic, social, and political power from 1850 to the turn of the twentieth century. He reveals the central role of the Civil War in realigning New York's economic elite, and how the New York bourgeoisie reoriented its ideology during Reconstruction, abandoning the free labor views of the antebellum years for laissez-faire liberalism. Sven Beckert is the Dunwalke Associate at Harvard University. He is the recipient of several honors and fellowships, including the Aby Warburg Foundation prize for academic excellence, a MacArthur Dissertation Fellowship and a Andrew W. Mellon fellowship. This is his first book.

Seeking to historicize the 2007-2009 Great Recession, this volume of essays situates the current economic crisis and its impact on workers in the context of previous abrupt shifts in the modern-day capitalist marketplace. Contributors use examples from industrialized North America, South America, Europe, Asia, and Australia to demonstrate how workers and states have responded to those shifts and to their disempowering effects on labor. Since the Industrial Revolution, contributors argue, factors such as race, sex, and state intervention have mediated both the effect of economic depressions on workers' lives and workers' responses to those depressions. Contributors also posit a varying dynamic between political upheaval and economic crises, and between workers and the welfare state. The volume ends with an examination of today's "Great Recession": its historical distinctiveness, its connection to neoliberalism, and its attendant expressions of worker status and agency around the world. A sobering conclusion lays out a likely future for workers--one not far removed from the instability and privation of the nineteenth century. The essays in this volume offer up no easy solutions to the challenges facing today's workers. Nevertheless, they make clear that cogent historical thinking is crucial to understanding those challenges, and they push us toward a rethinking of the relationship between capital and labor, the waged and unwaged, and the employed and jobless. Contributors are Sven Beckert, Sean Cadigan, Leon Fink, Alvin Finkel, Wendy Goldman, Gaetan Heroux, Joseph A. McCartin, David Montgomery, Edward Montgomery, Scott Reynolds Nelson, Melanie Nolan, Bryan D. Palmer, Joan Sangster, Judith Stein, Hilary Wainright, and Lu Zhang.

In recent years historians in many different parts of the world have sought to transnationalize and globalize their perspectives on the past. Despite all these efforts to gain new global historical visions, however, the debates surrounding this movement have remained rather provincial in scope. Global History, Globally addresses this lacuna by surveying the state of global history in different world regions. Divided into three distinct but tightly interweaved sections, the book's chapters provide regional surveys of the practice of global history on all continents, review some of the research in four core fields of global history and consider a number of problems that global historians have contended with in their work. The authors hail from various world regions and are themselves leading global historians. Collectively, they provide an unprecedented survey of what today is the most dynamic field in the discipline of history. As one of the first books to systematically discuss the international dimensions of global historical scholarship and address a wealth of questions emanating from them, Global History, Globally is a must-read book for all students and scholars of global history.

Tracing the shifting fortunes and changing character of New York City's economic elite over half a century, Sven Beckert brings to light a neglected--and critical--chapter in the social history of the U.S.: the rise of an American bourgeoisie. The Monied Metropolis is the first comprehensive history of New York's economic elite, the most powerful group in nineteenth-century America. Beckert explains how a small and diverse group of New Yorkers came to wield unprecedented economic, social, and political power from 1850 to the turn of the twentieth century. He reveals the central role of the Civil War in realigning New York's economic elite, and how the New York bourgeoisie reoriented its ideology during Reconstruction, abandoning the free labor views of the antebellum years for laissez-faire liberalism. Sven Beckert is the Dunwalke Associate at Harvard University. He is the recipient of several honors and fellowships, including the Aby Warburg Foundation prize for academic excellence, a MacArthur Dissertation Fellowship and a Andrew W. Mellon fellowship. This is his first book.