The Agrarian Origins of American Capitalism

The Agrarian Origins of American Capitalism
Author: Allan Kulikoff
Publisher: University of Virginia Press
Total Pages: 366
Release: 1992
Genre: Business & Economics
ISBN: 9780813914206

Allan Kulikoff's provocative new book traces the rural origins and growth of capitalism in America, challenging earlier scholarship and charting a new course for future studies in history and economics. Kulikoff argues that long before the explosive growth of cities and big factories, capitalism in the countryside changed our society- the ties between men and women, the relations between different social classes, the rhetoric of the yeomanry, slave migration, and frontier settlement. He challenges the received wisdom that associates the birth of capitalism wholly with New York, Philadelphia, and Boston and show how studying the critical market forces at play in farm and village illuminates the defining role of the yeomen class in the origins of capitalism.

The Political Economy of the Family Farm

The Political Economy of the Family Farm
Author: Sue Headlee
Publisher: Bloomsbury Publishing USA
Total Pages: 230
Release: 1991-11-30
Genre: Political Science
ISBN: 0313389160

Agriculture played an important role in the transition to capitalism in the United States in the mid-nineteenth century. In her study, Sue Headlee argues that the family farm system, with its progressive nature and egalitarian class structure, revolutionized this transition to capitalism. The family farm is examined in light of its economic and political implications, showing the relationship between the family farm and fledgling industrial capitalism, a relationship that fostered the simultaneous industrial and agricultural revolutions and the creation of an agro-industrial complex. Headlee focuses on the adoption of the horse-drawn mechanical reaper (to harvest wheat) by family farmers in the 1850s. The neoclassical economic explanation, with its emphasis on the farm as a profit-maximizing firm, is criticized for its lack of recognition of the role of the family farm's egalitarian class structure. This look at the economic history of the United States has lessons for the Third World today: agricultural development is vital to the transition to capitalism; the agrarian class structures of Third World countries may be holding back that transition; and a family farm/land reform approach would lead to increases in productivity and in the material well-being of society. Headlee's analysis supports three important debates in political economy, thus providing the historical and theoretical context for understanding the role of agriculture in the transition to capitalism in general and in the particular case of the United States. Her findings conclude that agrarian class structures can explain the differential patterns of development in pre-industrial Europe. Further evidence is presented that the internal class structure of agrarian society is the crucial causal factor in the transition to capitalism and that market developments alone are not sufficient. Lastly and most controversially, Headlee acknowledges the importance of the Civil War in propelling the triumph of American capitalism, allowing the Republican Party (an alliance of family farmers and industrial capitalists) to take control of the state from the Democratic Party of the southern plantation owners. This book will be of interest to scholars in political economy, economic history, agrarian economics, and development economics.

The American Road to Capitalism

The American Road to Capitalism
Author: Charles Post
Publisher: BRILL
Total Pages: 317
Release: 2011-03-21
Genre: Political Science
ISBN: 9004201041

This book synthesizes Marxian theory with the existing historical literature to produce a new analysis of the origins of capitalism in the US and the social roots of the US Civil War.

Wages of Independence

Wages of Independence
Author: Paul A. Gilje
Publisher: Rowman & Littlefield
Total Pages: 180
Release: 1997
Genre: Business & Economics
ISBN: 9780945612520

America between the Revolution and the Civil War was a society in full adolescence. Vibrant, cocky, feeling its own strength, and ready to take on the world, America was driven by an upstart economy and a capitalist bravado. The early republic, argues Paul Gilje in his cogent introduction, was the crucial period in the development of that trademark characteristic of American society--modern capitalism. In this collection of essays, eight social and economic historians consider the rise of capitalism in the early American republic. Expanding upon traditional interpretations of economic development--encouraged and controlled by merchants and financiers--these essays demonstrate the centrality of common men and women as artisans, laborers, planters and farmers in the dramatic transitions of the period. They show how changes in the workshop, home, and farm were as crucial as those in banks and counting houses. Capping these fundamental changes was the rise of consumerism among Americans and the development of a "mentality of capitalism" that ensured the success of this new economic system--with all its benefits and costs. Contributing authors include Paul A. Gilje, Jeanne Boydston, Christopher Clark, Douglas R. Egerton, Cathy D. Matson, Jonathan Prude, Richard Stott, and Gordon S. Wood.

Agrarian Capitalism in Theory and Practice

Agrarian Capitalism in Theory and Practice
Author: Susan Mann
Publisher: UNC Press Books
Total Pages: 228
Release: 1990
Genre: Social Science
ISBN: 9780807818855

Investigates the resistance of agriculture to wage labor and other forms of capitalism, finding a reason in the uncontrollable natural and technical features of the industry. Mann (sociology, U. of New Orleans) examines the persistence of family farming in South America, the replacement of slavery by share cropping rather than wage labor in the southern US, an d other examples. Annotation(c) 2003 Book News, Inc., Portland, OR (booknews.com)

The Emergence of Capitalism in Early America

The Emergence of Capitalism in Early America
Author: Christopher W. Calvo
Publisher: University Press of Florida
Total Pages: 309
Release: 2020-02-03
Genre: History
ISBN: 0813057442

Due to the enormous influence of Adam Smith’s The Wealth of Nations on Western liberal economics, a tradition closely linked to the United States, many scholars assume that early American economists were committed to Smith’s ideas of free trade and small government. Debunking this belief, Christopher W. Calvo provides a comprehensive history of the nation’s economic thought from 1790 to 1860, tracing the development of a uniquely American understanding of capitalism. The Emergence of Capitalism in Early America shows how American economists challenged, adjusted, and adopted the ideas of European thinkers such as Adam Smith, David Ricardo, and Thomas Malthus to suit their particular interests. Calvo not only explains the divisions between American free trade and the version put forward by Smith, but he also discusses the sharp differences between northern and southern liberal economists. Emergent capitalism fostered a dynamic discourse in early America, including a homegrown version of socialism burgeoning in antebellum industrial quarters, as well as a reactionary brand of conservative economic thought circulating on slave plantations across the Old South. This volume also traces the origins and rise of nineteenth-century protectionism, a system that Calvo views as the most authentic expression of American political economy. Finally, Calvo examines early Americans’ awkward relationship with capitalism’s most complex institution—finance. Grounded in the economic debates, Atlantic conversations, political milieu, and material realities of the antebellum era, this book demonstrates that American thinkers fused different economic models, assumptions, and interests into a unique hybrid-capitalist system that shaped the trajectory of the nation’s economy.

The Roots of Rural Capitalism

The Roots of Rural Capitalism
Author: Christopher Clark
Publisher: Cornell University Press
Total Pages: 356
Release: 1990
Genre: Business & Economics
ISBN: 9780801496936

Between the late colonial period and the Civil War, the countryside of the American northeast was largely transformed. Rural New England changed from a society of independent farmers relatively isolated from international markets into a capitalist economy closely linked to the national market, an economy in which much farming and manufacturing output was produced by wage labor. Using the Connecticut Valley as an example, The Roots of Rural Capitalism demonstrates how this important change came about. Christopher Clark joins the active debate on the "transition to capitalism" with a fresh interpretation that integrates the insights of previous studies with the results of his detailed research. Largely rejecting the assumption of recent scholars that economic change can be explained principally in terms of markets, he constructs a broader social history of the rural economy and traces the complex interactions of social structure, household strategies, gender relations, and cultural values that propelled the countryside from one economic system to another. Above all, he shows that people of rural Massachusetts were not passive victims of changes forced upon them, but actively created a new economic world as they tried to secure their livelihoods under changing demographic and economic circumstances. The emergence of rural capitalism, Clark maintains, was not the result of a single "transition"; rather, it was an accretion of new institutions and practices that occurred over two generations, and in two broad chronological phases. It is his singular contribution to demonstrate the coexistence of a family-based household economy (persisting well into the nineteenth century) and the market-oriented system of production and exchange that is generally held to have emerged full-blown by the eighteenth century. He is adept at describing the clash of values sustaining both economies, and the ways in which the rural household-based economy, through a process he calls "involution," ultimately gave way to a new order. His analysis of the distinctive role of rural women in this transition constitutes a strong new element in the study of gender as a factor in the economic, social, and cultural shifts of the period. Sophisticated in argument and engaging in presentation, this book will be recognized as a major contribution to the history of capitalism and society in nineteenth-century America.

The Sinews of American Capitalism

The Sinews of American Capitalism
Author: Clark C. Spence
Publisher: London ; Melbourne : Macmillan, 1965 [c1964]
Total Pages: 392
Release: 1964
Genre: Capitalism
ISBN:

Analysis by a historian of social changes wrought by the transformation from an agrarian society to a complex industrial economy.

Harvest of Dissent

Harvest of Dissent
Author: Thomas Summerhill
Publisher:
Total Pages: 396
Release: 2005
Genre: Business & Economics
ISBN:

With an expert blend of political, social, and economic history, Harvest of Dissent investigates the character of agrarian movements in nineteenth century New York to reexamine the nature of Northern farmers embrace of or resistance to the emergence of capitalist market agriculture. Taking the long view, Harvest of Dissent brings together the events of nearly a century of agrarian radicalism in central New York, giving Summerhill the ability to understand everything from the Anti-Rent movement to the Grange movement as part of a whole.Based on exceptionally thorough primary research, Summerhill convincingly demonstrates how protracted and contingent the process of drawing farmers into capitalist markets actually was, and the ways farmers selectively and creatively resisted it. Rather than characterizing farmer political insurgencies as episodic responses to discrete crises (as they are often portrayed), Harvest of Dissent argues that agrarianism played a constant role in the major political, economic, and social transformations that marked the emergence of modern America.Thomas Summerhill is an assistant professor of history at Michigan State University. He coedited Transatlantic Rebels: Agrarian Radicalism in Comparative Context.