The Business of Slavery and the Rise of American Capitalism, 1815–1860

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Calvin Schermerhorn

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Calvin Schermerhorn’s provocative study views the development of modern American capitalism through the window of the nineteenth-century interstate slave trade. This eye-opening history follows money and ships as well as enslaved human beings to demonstrate how slavery was a national business supported by far-flung monetary and credit systems reaching across the Atlantic Ocean. The author details the anatomy of slave supply chains and the chains of credit and commodities that intersected with them in virtually every corner of the pre–Civil War United States, and explores how an institution that destroyed lives and families contributed greatly to the growth of the expanding republic’s capitalist economy.

Calvin Schermerhorn teaches history in the School of Historical, Philosophical, and Religious Studies at Arizona State University. He is the author of Money over Mastery, Family over Freedom: Slavery in the Antebellum Upper South.
ISBN: 9780300192001
Publication Date: April 28, 2015
352 pages, 6 1/8 x 9 1/4
12 b/w illus.