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Merchants' Capital: New Orleans and the Political Economy of the Nineteenth-Century South.

MARLER, Scott P.

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ISBN 10: 0521897645 / ISBN 13: 9780521897648
Editorial: Cambridge University Press,, NY:, 2013
Condición: Fine Encuadernación de tapa dura
Librería: Grendel Books, ABAA/ILAB (West Chesterfield, MA, Estados Unidos de America)

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Descripción

First edition. Fine in a fine dust jacket. ; 317 pages. N° de ref. de la librería 79237

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Detalles bibliográficos

Título: Merchants' Capital: New Orleans and the ...

Editorial: Cambridge University Press,, NY:

Año de publicación: 2013

Encuadernación: Hardcover

Condición del libro:Fine

Condición de la sobrecubierta: Fine

Edición: 1st Edition

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Sinopsis:

As cotton production shifted toward the southwestern states during the first half of the nineteenth century, New Orleans became increasingly important to the South's plantation economy. Handling the city's wide-ranging commerce was a globally oriented business community that represented a qualitatively unique form of wealth accumulation - merchant capital - that was based on the extraction of profit from exchange processes. However, like the slave-based mode of production with which they were allied, New Orleans merchants faced growing pressures during the antebellum era. Their complacent failure to improve the port's infrastructure or invest in manufacturing left them vulnerable to competition from the fast-developing industrial economy of the North, weaknesses that were fatally exposed during the Civil War and Reconstruction. Changes to regional and national economic structures after the Union victory prevented New Orleans from recovering its commercial dominance, and the former first-rank American city quickly devolved into a notorious site of political corruption and endemic poverty.

Book Description:

New Orleans, the nineteenth-century South's only true metropolis, originally derived its prosperity as the chief export point for slave-produced commodities, most notably cotton. This book focuses on the city's merchants and how their conservative investment mentalities contributed to New Orleans's unusually rapid economic downfall during and after the Civil War.

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ABAA, ILAB, IOBA, and Southern New England Antiquarian Booksellers. Independent Booksellers since 1987.

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Grendel Books, ABAA/ILAB, 18 Ireland Street, PO Box 98, West Chesterfield, MA 01084-0098, (413) 296-0099, grendel.javanet@rcn.com, www.grendelbooks.com. All listings are subject to prior sale. Please contact us to reserve books in advance. We will hold books for ten days, pending payment.

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