The Political Economy of Slavery: Studies in the Economy and Society of the Slave South (Wesleyan Paperback)
Eugene D. Genovese
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A stimulating analysis of the society and economy in the slave south.
Irvin, 123 Wilkes Co., Ga., 143, 152 William Bates & Company, 203 Williams, Clanton W., 211 Williams, David Rogerson, 192, 212 Williams, John J., 176 Williams, Robert W., 147 Wilmot Proviso, 247, 261 Winans, Ross, 193 Winston, Patrick Henry, 188 Winter, John G., 187 Withers, Robert, 66 Woodman, Harold D., 279, 280, 287, 292 Woodward, Joseph H., II, 215, 236 Worcester, Co., Md., 152 Workers, Southern white, 23, 24, 43, 48, 181, 186, 187, 209, Ch. IX, 246 Worth, David, 195, 205
capitalization of labor, the high propensity to consume, and the weakness of the home market seriously impede the accumulation of capital. Technological progress and division of labor result in work for fewer hands, but slavery requires all hands to be occupied at all times. Capitalism has solved this problem by a tremendous economic expansion along varied lines (qualitative development), but slavery’s obstacles to industrialization prevent this type of solution. In part, the slave South offset
meat and work animals. Contemporary agricultural writers repeatedly called attention to this curiosity.3 The United States Agricultural Society reported in 1853 that thousands of American milch cows could not pay their way and were instead a tax on their owners.4 This statement applied with particular force to Southern livestock. Frank L. Owsley, summarizing his own researches and those of his students, describes what he believes to have been a flourishing livestock industry in the Lower South.
40–41. 43 HMM, XXI (Dec. 1849), 628–33; XXII (Jan. 1850), 26–35. 44 Congressional Globe, XIX, 1st Session, 31st Congress, pp. 867–68; also, XXII, 2nd Session, 32nd Congress, pp. 318–19; XXVII, 2nd Session, 35th Congress, pp. 107–8. 45 HMM, XXII (Jan. 1850), 107. Gregg’s estimates appear sound, if not a bit optimistic: cf. DBR, X (March 1851), 343; XVIII (March 1855), 393–94; HMM, XXIV (1850), 262, and the writings cited elsewhere of Robert R. Russel and Ernest M. Lander on the cotton
attempt to rise. One hundred Negroes were severely punished, some executed.3 John A. Quitman, former governor of Mississippi, tried to organize a filibustering expedition to Cuba during 1853–1855, particularly because he feared that abolition there would present dangers to the South.4 Samuel R. Walker and Albert W. Ely, among others, warned that Britain and France would force a weak Spain to sacrifice Cuban slavery and thereby isolate the South as a slaveholding country.5 Many far-sighted