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Paperback The Merchants' Capital: New Orleans and the Political Economy of the Nineteenth-Century South Book

ISBN: 1107557542

ISBN13: 9781107557543

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

(Part of the Cambridge Studies on the American South Series)

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Book Overview

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...

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