Book picks similar to
The Business of Slavery and the Rise of American Capitalism, 1815-1860 by Calvin Schermerhorn
history
slavery
economics
nonfiction
The Counter-Revolution of 1776: Slave Resistance and the Origins of the United States of America
Gerald Horne - 2014
But the Africans then living in the colonies overwhelmingly sided with the British. In this trailblazing book, Gerald Horne shows that in the prelude to 1776, the abolition of slavery seemed all but inevitable in London, delighting Africans as much as it outraged slaveholders, and sparking the colonial revolt.Prior to 1776, anti-slavery sentiments were deepening throughout Britain and in the Caribbean, rebellious Africans were in revolt. For European colonists in America, the major threat to their security was a foreign invasion combined with an insurrection of the enslaved. It was a real and threatening possibility that London would impose abolition throughout the colonies--a possibility the founding fathers feared would bring slave rebellions to their shores. To forestall it, they went to war.The so-called Revolutionary War, Horne writes, was in part a counter-revolution, a conservative movement that the founding fathers fought in order to preserve their right to enslave others. The Counter-Revolution of 1776 brings us to a radical new understanding of the traditional heroic creation myth of the United States.
Color of Money: Black Banks and the Racial Wealth Gap
Mehrsa Baradaran - 2017
More than 150 years later, that number has barely budged. The Color of Money pursues the persistence of this racial wealth gap by focusing on the generators of wealth in the black community: black banks. Studying these institutions over time, Mehrsa Baradaran challenges the myth that black communities could ever accumulate wealth in a segregated economy. Instead, housing segregation, racism, and Jim Crow credit policies created an inescapable, but hard to detect, economic trap for black communities and their banks.The catch-22 of black banking is that the very institutions needed to help communities escape the deep poverty caused by discrimination and segregation inevitably became victims of that same poverty. Not only could black banks not "control the black dollar" due to the dynamics of bank depositing and lending but they drained black capital into white banks, leaving the black economy with the scraps.Baradaran challenges the long-standing notion that black banking and community self-help is the solution to the racial wealth gap. These initiatives have functioned as a potent political decoy to avoid more fundamental reforms and racial redress. Examining the fruits of past policies and the operation of banking in a segregated economy, she makes clear that only bolder, more realistic views of banking's relation to black communities will end the cycle of poverty and promote black wealth.
A People's History of American Empire
Paul M. Buhle - 2008
More than a successful book, A People’s History triggered a revolution in the way history is told, displacing the official versions with their emphasis on great men in high places to chronicle events as they were lived, from the bottom up.Now Howard Zinn, historian Paul Buhle, and cartoonist Mike Konopacki have collaborated to retell, in vibrant comics form, a most immediate and relevant chapter of A People’s History: the centuries-long story of America’s actions in the world. Narrated by Zinn, this version opens with the events of 9/11 and then jumps back to explore the cycles of U.S. expansionism from Wounded Knee to Iraq, stopping along the way at World War I, Central America, Vietnam, and the Iranian revolution. The book also follows the story of Zinn, the son of poor Jewish immigrants, from his childhood in the Brooklyn slums to his role as one of America’s leading historians.Shifting from world-shattering events to one family’s small revolutions, A People’s History of American Empire presents the classic ground-level history of America in a dazzling new form.
Iron Empires: Robber Barons, Railroads, and the Making of Modern America
Michael Hiltzik - 2020
Once a hodgepodge of short, squabbling lines, America’s railways soon exploded into a titanic industry helmed by a pageant of speculators, crooks, and visionaries. The vicious competition between empire builders such as Cornelius Vanderbilt, Jay Gould, J. P. Morgan, and E. H. Harriman sparked stock market frenzies, panics, and crashes; provoked strikes that upended the relationship between management and labor; transformed the nation’s geography; and culminated in a ferocious two-man battle that shook the nation’s financial markets to their foundations and produced dramatic, lasting changes in the interplay of business and government. Spanning four decades and featuring some of the most iconic figures of the Gilded Age, Iron Empires reveals how the robber barons drove the country into the twentieth century—and almost sent it off the rails.
Overthrow: America's Century of Regime Change from Hawaii to Iraq
Stephen Kinzer - 2006
Bush, but has been an integral part of U.S. foreign policy for more than one hundred years. Starting with the overthrow of the Hawaiian monarchy in 1893 and continuing through the Spanish-American War and the Cold War and into our own time, the United States has not hesitated to overthrow governments that stood in the way of its political and economic goals. The invasion of Iraq in 2003 is the latest, though perhaps not the last, example of the dangers inherent in these operations.In Overthrow, Stephen Kinzer tells the stories of the audacious politicians, spies, military commanders, and business executives who took it upon themselves to depose monarchs, presidents, and prime ministers. He also shows that the U.S. government has often pursued these operations without understanding the countries involved; as a result, many of them have had disastrous long-term consequences.In a compelling and provocative history that takes readers to fourteen countries, including Cuba, Iran, South Vietnam, Chile, and Iraq, Kinzer surveys modern American history from a new and often surprising perspective."Detailed, passionate and convincing . . . [with] the pace and grip of a good thriller." -- Anatol Lieven, The New York Times Book Review
Suburban Warriors: The Origins of the New American Right
Lisa McGirr - 2001
McCarthyism was on the run, and movements on the political left were grabbing headlines. The media lampooned John Birchers's accusations that Dwight Eisenhower was a communist puppet. Mainstream America snickered at warnings by California Congressman James B. Utt that barefooted Africans were training in Georgia to help the United Nations take over the country. Yet, in Utt's home district of Orange County, thousands of middle-class suburbanites proceeded to organize a powerful conservative movement that would land Ronald Reagan in the White House and redefine the spectrum of acceptable politics into the next century.Suburban Warriors introduces us to these people: women hosting coffee klatches for Barry Goldwater in their tract houses; members of anticommunist reading groups organizing against sex education; pro-life Democrats gradually drawn into conservative circles; and new arrivals finding work in defense companies and a sense of community in Orange County's mushrooming evangelical churches. We learn what motivated them and how they interpreted their political activity. Lisa McGirr shows that their movement was not one of marginal people suffering from status anxiety, but rather one formed by successful entrepreneurial types with modern lifestyles and bright futures. She describes how these suburban pioneers created new political and social philosophies anchored in a fusion of Christian fundamentalism, xenophobic nationalism, and western libertarianism.While introducing these rank-and-file activists, McGirr chronicles Orange County's rise from nut country to political vanguard. Through this history, she traces the evolution of the New Right from a virulent anticommunist, anti-establishment fringe to a broad national movement nourished by evangelical Protestantism. Her original contribution to the social history of politics broadens--and often upsets--our understanding of the deep and tenacious roots of popular conservatism in America.
Race for Profit: How Banks and the Real Estate Industry Undermined Black Homeownership
Keeanga-Yamahtta Taylor - 2019
Reasoning that the turbulence could be calmed by turning Black city-dwellers into homeowners, they passed the Housing and Urban Development Act of 1968, and set about establishing policies to induce mortgage lenders and the real estate industry to treat Black homebuyers equally. The disaster that ensued revealed that racist exclusion had not been eradicated, but rather transmuted into a new phenomenon of predatory inclusion. Race for Profit uncovers how exploitative real estate practices continued well after housing discrimination was banned. The same racist structures and individuals remained intact after redlining's end, and close relationships between regulators and the industry created incentives to ignore improprieties. Meanwhile, new policies meant to encourage low-income homeownership created new methods to exploit Black homeowners. The federal government guaranteed urban mortgages in an attempt to overcome resistance to lending to Black buyers - as if unprofitability, rather than racism, was the cause of housing segregation. Bankers, investors, and real estate agents took advantage of the perverse incentives, targeting the Black women most likely to fail to keep up their home payments and slip into foreclosure, multiplying their profits. As a result, by the end of the 1970s, the nation's first programs to encourage Black homeownership ended with tens of thousands of foreclosures in Black communities across the country. The push to uplift Black homeownership had descended into a goldmine for realtors and mortgage lenders, and a ready-made cudgel for the champions of deregulation to wield against government intervention of any kind. Narrating the story of a sea-change in housing policy and its dire impact on African Americans, Race for Profit reveals how the urban core was transformed into a new frontier of cynical extraction.
Aftershock: The Next Economy and America's Future
Robert B. Reich - 2010
But Robert B. Reich suggests a different reason for the meltdown, and for a perilous road ahead. He argues that the real problem is structural: it lies in the increasing concentration of income and wealth at the top, and in a middle class that has had to go deeply into debt to maintain a decent standard of living.Persuasively and straightforwardly, Reich reveals how precarious our situation still is. The last time in American history when wealth was so highly concentrated at the top—indeed, when the top 1 percent of the population was paid 23 percent of the nation’s income—was in 1928, just before the Great Depression. Such a disparity leads to ever greater booms followed by ever deeper busts. Reich’s thoughtful and detailed account of where we are headed over the next decades reveals the essential truth about our economy that is driving our politics and shaping our future. With keen insight, he shows us how the middle class lacks enough purchasing power to buy what the economy can produce and has adopted coping mechanisms that have a negative impact on their quality of life; how the rich use their increasing wealth to speculate; and how an angrier politics emerges as more Americans conclude that the game is rigged for the benefit of a few. Unless this trend is reversed, the Great Recession will only be repeated. Reich’s assessment of what must be done to reverse course and ensure that prosperity is widely shared represents the path to a necessary and long-overdue transformation. Aftershock is a practical, humane, and much-needed blueprint for both restoring America’s economy and rebuilding our society.
Deaths of Despair and the Future of Capitalism
Anne Case - 2020
In the past two decades, deaths of despair from suicide, drug overdose, and alcoholism have risen dramatically, and now claim hundreds of thousands of American lives each year--and they're still rising. Anne Case and Angus Deaton, known for first sounding the alarm about deaths of despair, explain the overwhelming surge in these deaths and shed light on the social and economic forces that are making life harder for the working class. They demonstrate why, for those who used to prosper in America, capitalism is no longer delivering.Deaths of Despair and the Future of Capitalism paints a troubling portrait of the American dream in decline. For the white working class, today's America has become a land of broken families and few prospects. As the college educated become healthier and wealthier, adults without a degree are literally dying from pain and despair. In this critically important book, Case and Deaton tie the crisis to the weakening position of labor, the growing power of corporations, and, above all, to a rapacious health-care sector that redistributes working-class wages into the pockets of the wealthy. Capitalism, which over two centuries lifted countless people out of poverty, is now destroying the lives of blue-collar America.This book charts a way forward, providing solutions that can rein in capitalism's excesses and make it work for everyone.
The Price for Their Pound of Flesh: The Value of the Enslaved, from Womb to Grave, in the Building of a Nation
Daina Ramey Berry - 2017
The Price for Their Pound of Flesh is the first book to explore the economic value of enslaved people through every phase of their lives--including preconception, infancy, childhood, adolescence, adulthood, the senior years, and death--in the early American domestic slave trade. Covering the full "life cycle," historian Daina Ramey Berry shows the lengths to which enslavers would go to maximize profits and protect their investments. Illuminating "ghost values" or the prices placed on dead enslaved people, Berry explores the little-known domestic cadaver trade and traces the illicit sales of dead bodies to medical schools.This book is the culmination of more than ten years of Berry's exhaustive research on enslaved values, drawing on data unearthed from sources such as slave-trading records, insurance policies, cemetery records, and life insurance policies. Writing with sensitivity and depth, she resurrects the voices of the enslaved and provides a rare window into enslaved peoples' experiences and thoughts, revealing how enslaved people recalled and responded to being appraised, bartered, and sold throughout the course of their lives. Reaching out from these pages, they compel the reader to bear witness to their stories, to see them as human beings, not merely commodities.A profoundly humane look at an inhumane institution, The Price for Their Pound of Flesh will have a major impact how we think about slavery, reparations, capitalism, nineteenth-century medical education, and the value of life and death.
Bitter Fruit: The Story of the American Coup in Guatemala
Stephen C. Schlesinger - 1982
First published in 1982, this book has become a classic, a textbook case of the relationship between the United States and the Third World. The authors make extensive use of U.S. government documents and interviews with former CIA and other officials. It is a warning of what happens when the United States abuses its power.
Fear Itself: The New Deal and the Origins of Our Time
Ira Katznelson - 2013
Ira Katznelson, “a towering figure in the study of American and European history” (Cornel West), boldly asserts that, during the 1930s and 1940s, American democracy was rescued yet distorted by a unified band of southern lawmakers who safeguarded racial segregation as they built a new national state to manage capitalism and assert global power. This original study brings to vivid life the politicians and pundits of the time, including Walter Lippmann, who argued that America needed a dose of dictatorship; Mississippi’s five-foot-two Senator Theodore Bilbo, who advocated the legal separation of races; and Robert Oppenheimer, who built the atomic bomb yet was tragically undone by the nation’s hysteria. Fear Itself is a necessary work, vital to understanding our world—a world the New Deal first made.
Red Summer: The Summer of 1919 and the Awakening of Black America
Cameron McWhirter - 2011
Black soldiers believed their participation in the fight to make the world safe for democracy finally earned them rights they had been promised since the close of the Civil War.Instead, an unprecedented wave of anti-black riots and lynchings swept the country for eight months. From April to November of 1919, the racial unrest rolled across the South into the North and the Midwest, even to the nation's capital. Millions of lives were disrupted, and hundreds of lives were lost. Blacks responded by fighting back with an intensity and determination never seen before. Red Summer is the first narrative history written about this epic encounter. Focusing on the worst riots and lynchings—including those in Chicago, Washington, D.C., Charleston, Omaha and Knoxville—Cameron McWhirter chronicles the mayhem, while also exploring the first stirrings of a civil rights movement that would transform American society forty years later.
Emancipating Slaves, Enslaving Free Men: A History of the American Civil War
Jeffrey Rogers Hummel - 1996
Mr. Hummel has an impressive command of the relevant contemporary literature. His interpretations are thoughtful, often provocative, always well worth considering, Civil War buffs will want this book on their shelves". -- Kenneth M. Stampp University of California, Berkeley"Hummel presents some uncomfortable truths for both sides of the Civil War. For the South, Hummel builds a case that the war was indeed about slavery. For the North, he shows that a war to preserve the union was morally bankrupt and that freeing the slaves was the only justifiable reason for fighting. Yet Hummel demonstrates that even a war for such a noble cause was probably unnecessary, since slavery was politically doomed in an independent South. Hummel also illustrates some of the cost of the war, such as Lincoln g suppression of political opposition, the closing of dissenting newspapers, and the creation of big government under Republicans Lincoln, Johnson, and Grant". -- Library Journal"In this insightful treatment of the Civil War (addressing the causes, the war itself and Reconstruction), Hummel's text argues against the thesis that armed confrontation was inevitable. With its insight)d analysis (not to mention the extensive bibliographical essays that elaborate each chapter), Emancipating Slaves, Enslaving Free Men will supply both the academic and Civil War buff with an added perspective on the causes and consequences of the Civil War". -- Publishers Weekly
Blood at the Root: A Racial Cleansing in America
Patrick Phillips - 2016
Many black residents were poor sharecroppers, but others owned their own farms and the land on which they’d founded the county’s thriving black churches.But then in September of 1912, three young black laborers were accused of raping and murdering a white girl. One man was dragged from a jail cell and lynched on the town square, two teenagers were hung after a one-day trial, and soon bands of white “night riders” launched a coordinated campaign of arson and terror, driving all 1,098 black citizens out of the county. In the wake of the expulsions, whites harvested the crops and took over the livestock of their former neighbors, and quietly laid claim to “abandoned” land. The charred ruins of homes and churches disappeared into the weeds, until the people and places of black Forsyth were forgotten.National Book Award finalist Patrick Phillips tells Forsyth’s tragic story in vivid detail and traces its long history of racial violence all the way back to antebellum Georgia. Recalling his own childhood in the 1970s and ’80s, Phillips sheds light on the communal crimes of his hometown and the violent means by which locals kept Forsyth “all white” well into the 1990s.Blood at the Root is a sweeping American tale that spans the Cherokee removals of the 1830s, the hope and promise of Reconstruction, and the crushing injustice of Forsyth’s racial cleansing. With bold storytelling and lyrical prose, Phillips breaks a century-long silence and uncovers a history of racial terrorism that continues to shape America in the twenty-first century.
