A Deplorable Scarcity

The Failure of Industrialization in the Slave Economy

Business & Finance, Economics, Economic Development, Nonfiction, Social & Cultural Studies, Social Science, Cultural Studies, African-American Studies, History, Americas, United States, Civil War Period (1850-1877)
Cover of the book A Deplorable Scarcity by Thomas Weiss, Fred Bateman, The University of North Carolina Press
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Author: Thomas Weiss, Fred Bateman ISBN: 9781469639987
Publisher: The University of North Carolina Press Publication: October 10, 2017
Imprint: The University of North Carolina Press Language: English
Author: Thomas Weiss, Fred Bateman
ISBN: 9781469639987
Publisher: The University of North Carolina Press
Publication: October 10, 2017
Imprint: The University of North Carolina Press
Language: English

In this major reexamination of the southern industrial economy and its failure to progress during the antebellum period, Fred Bateman and Thomas Weiss show that slavery and its consequences were not alone in inhibiting industrialization. They argue, rather, that the planters hesitated to invest in high-risk enterprises and worried that industrialization would undermine their authority. Underpinning this study is a massive data collection from census reports, which permits an economic analysis that was previously not feasible.

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In this major reexamination of the southern industrial economy and its failure to progress during the antebellum period, Fred Bateman and Thomas Weiss show that slavery and its consequences were not alone in inhibiting industrialization. They argue, rather, that the planters hesitated to invest in high-risk enterprises and worried that industrialization would undermine their authority. Underpinning this study is a massive data collection from census reports, which permits an economic analysis that was previously not feasible.

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