By Cecilia A. Conrad, John Whitehead, Patrick L. Mason, James Stewart
The forty-three chapters in African american citizens within the U.S. financial system specialize in a variety of facets of the commercial prestige of African american citizens, prior and current. Taken jointly, those essays current comparable issues: first, in terms of economics, race concerns; moment, racial fiscal discrimination and inequality persist regardless of the positive predictions of normal monetary research that racial discrimination can't thrive in a free-market financial system.
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Extra resources for African Americans in the U.S. Economy
Some of the produced income ﬁnanced conspicuous consumption by planters, who would spend excessively on luxury items. Other income was converted into personal wealth holdings— namely, ﬁnancial assets and real estate. Some income provided capital that ﬁnanced large-scale industrial ventures, often in partnership with Northern interests. Accounting for the outcomes of these ﬂows and transactions is problematic because much of the accumulated wealth of the slave regime was destroyed by the Civil War.
1992. ” In Without Consent or Contract: The Rise and Fall of American Slavery. Vol. 1: Conditions of Slave Life and the Transition to Freedom Technical Papers, ed. R. Fogel and S. Engerman, 216–240. New York: W. W. Norton. Painter, N. 1977. Exodusters: Black Migration to Kansas after Reconstruction. New York: Knopf. , and R. Sutch. 1977. One Kind of Freedom: The Economic Consequences of Emancipation. New York: Cambridge University Press. ———. ” In The Wealth of Races: The Present Value of Beneﬁts from Past Injustices, ed.
Sammons, V. 1990. Blacks in Science and Medicine. New York: Hemisphere Publishing. Smith, M. 1998. Debating Slavery, Economy, and Society in the Antebellum American South. Cambridge: Cambridge University Press. Soltow, L. 1975. Men and Wealth in the United States, 1850–1870. : Yale University Press. Stampp, K. 1956. The Peculiar Institution: Slavery in the Antebellum South. New York: Vintage Books. Starobin, R. 1970. Industrial Slavery in the Old South. New York: Oxford University Press. Trotter, J.
African Americans in the U.S. Economy by Cecilia A. Conrad, John Whitehead, Patrick L. Mason, James Stewart