SOURCE: Wall Street Journal
Assessing the current company's financial ties to slavery requires understanding how the entity functioned as a pass-through for buyers and sellers of merchant insurance, rather than as an underwriter or funder of insurance policies.
SOURCE: Black Perspectives
by Katie Donington
Debates over Eric Williams’s work have ebbed and flowed ever since he first published Capitalism and Slavery in 1944. His book inspired a body of historiography to which many historians of slavery and abolition have added their voices over the decades.
SOURCE: David Harvey
Political theorists David Harvey and David Graeber discuss Graeber's book "Debt: The First 5,000 Years" at the CUNY Graduate Center in 2012.
SOURCE: The Economic Historian
"Much has been made about how much historians can learn from economists, and I think that this is an area where economists could learn a lot from historians. We are trained to look at things from multiple perspectives and to understand complex contexts."--Caitlin Rosenthal
The Lloyd’s of London insurance market apologised on Thursday for its “shameful” role in the 18th and 19th Century Atlantic slave trade and pledged to fund opportunities for black and ethnic minority people.
SOURCE: Wall Street Journal
by Allen C. Guelzo
Allen Guelzo argues that pro-slavery southerners portrayed their society as opposed to growing industrial capitalism, not the integral part of it that some recent historians have claimed.
by HNN Staff
The New York Times' Jennifer Schuessler published a story in last Sunday's edition on the newfound popularity of the history of capitalism. "A specter is haunting university history departments," she wrote, "the specter of capitalism."This new history of capitalism integrates social and cultural approaches to economic history and adopts a strictly post-Cold War mentality. Gone are hoary Marxist bromides and questions about why socialism failed to develop as a political movement in the United States; instead, the new generation of history of capitalism scholars -- those profiled in the article include Julia Ott, Bethany Moreton, Louis Hyman, and Stephen Mihm -- focus on the practice of capitalism by the people in the middle and at the top, melding a sound knowledge of math and economics with race and gender analyses.
A specter is haunting university history departments: the specter of capitalism.After decades of “history from below,” focusing on women, minorities and other marginalized people seizing their destiny, a new generation of scholars is increasingly turning to what, strangely, risked becoming the most marginalized group of all: the bosses, bankers and brokers who run the economy.Even before the financial crisis, courses in “the history of capitalism” — as the new discipline bills itself — began proliferating on campuses, along with dissertations on once deeply unsexy topics like insurance, banking and regulation. The events of 2008 and their long aftermath have given urgency to the scholarly realization that it really is the economy, stupid....
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