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In the last decade the history of American capitalism has monopolized the attention of US scholars and students alike. From the halls of Harvard to the front pages of the New York Times, the history of this financial system has become a hot topic.
Household goods piled along curbs with hand-lettered signs saying ‘free’; never-worn clothing hanging in closets, price tags still in place; vacated college dormitory rooms filled with abandoned throw rugs, hair dryers, bookcases; consultants who help us simplify our lives by getting rid of ‘stuff.’ This is the world of things that many Americans inhabit today.
With this volume, John Van Atta has achieved an excellent synthesis of the best recent scholarship relevant to the Missouri Crisis.
The cotton industry is fundamental to the development of global capitalism and broadly shaped the world we live in today. It is therefore important to realise the extent to which this depended on the militarisation of trade, massive land expropriation, genocide and slavery.
Ron Paul’s The Revolution is adamant on one point: to solve the problems in modern America, Americans need to return to Constitutional values. ‘In times like these, we need a return to fundamentals’ (p. 168). The specific fundamentals to which Paul refers are as often the values of Austrian School economists as they are the Founding Fathers.
The mention of the Southern plantation tends to bring to mind one of two competing images: either the white-columned antebellum mansion and its manicured grounds, or the desolate home of African-American sharecroppers in the post-Civil War era.
It is common for historians of the antebellum, civil war, and reconstruction-era United States to talk of ‘the Northeast’, ‘the South’, or ‘the West’ as offhand for a wide range of interests, like the Confederacy, slaveholders, or industrial capitalism.
Matthew Karp’s This Vast Southern Empire: Slaveholders at the Helm of American Foreign Policy seeks to explain the worldview of elite Southern slave-owners in the antebellum era.
Even after John Adams’s belated success on American television, and Alexander Hamilton’s recent conquest of Broadway, Federalists still seem to lag Jeffersonians in popular and scholarly interest.
In 1833, after centuries of resistance and rebellion by enslaved people, decades of popularly-mobilized antislavery protests, and years of economic struggle on colonial plantations, England’s Parliament initiated the process of slave emancipation in the British Empire.