Freshly Printed - allow 8 days lead
Couldn't load pickup availability
A House Dividing
Economic Development in Pennsylvania and Virginia before the Civil War
Comparing Virginia and Pennsylvania, Majewski explains how slavery undermined the development of the southern economy.
John Majewski (Author)
9780521590235, Cambridge University Press
Hardback, published 19 June 2000
236 pages, 23 tables
22.9 x 15.2 x 1.7 cm, 0.45 kg
'This scholarly work is also a very pleasurable read.' Open History
A House Dividing compares Virginia and Pennsylvania to answer a crucial question of American history: how did slavery undermine the development of the southern economy? Extensive archival research reveals that in the first decades of the nineteenth century, local residents in each state financed transportation improvements to raise land values and spur commercial growth. In the 1830s, however, Philadelphia capitalists began financing Pennsylvania's railroad network, eventually building integrated systems that reached deep within the Midwest. Virginia's railroads, still dependent upon local investment and funds from the state government, remained a collection of local lines without western connections. The lack of a great city that could provide capital and traffic for large-scale railroads was the Achilles' heel of Virginia's slave economy. The chains of slavery, Virginians learned to their dismay, also shackled the invisible hand of the market.
Acknowledgments
Introduction: Regional Development in Comparative Perspective
1. Developmental corporations in a slave-labor society
2. Developmental corporations in a free-labor society
3. Railroads and local development
4. The local politics of market development
5. Urban capital and the superiority of Pennsylvania's transportation network
6. Why Antebellum Virginians never developed a big city
Epilogue
Appendix
Bibliography
Index.
Subject Areas: Modern history to 20th century: c 1700 to c 1900 [HBLL], History of the Americas [HBJK]
