2015
DOI: 10.12987/yale/9780300192001.001.0001
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The Business of Slavery and the Rise of American Capitalism, 1815-1860

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Cited by 121 publications
(23 citation statements)
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“…What is crucial about Barlow's fiction is its allowing a common conception among European settlers of North America that they are engaged in a morally responsible mission, which in turn allows them to extend their trust enough to participate in an expansive system. 17 By themselves, that is, America's new sources of energy are no guarantee of economic growth; what is needed is that "highly structured system of trade characterized by debt obligations that bound borrowers' ambitions, expectations, and imaginations to future repayment"-in other words, credit, perhaps "the most expansive resource in human history" ( [25], pp. 1, 102).…”
Section: Seeing Like a Statementioning
confidence: 99%
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“…What is crucial about Barlow's fiction is its allowing a common conception among European settlers of North America that they are engaged in a morally responsible mission, which in turn allows them to extend their trust enough to participate in an expansive system. 17 By themselves, that is, America's new sources of energy are no guarantee of economic growth; what is needed is that "highly structured system of trade characterized by debt obligations that bound borrowers' ambitions, expectations, and imaginations to future repayment"-in other words, credit, perhaps "the most expansive resource in human history" ( [25], pp. 1, 102).…”
Section: Seeing Like a Statementioning
confidence: 99%
“…Credit dealt with the future. Financial paper...bound borrowers' ambitions, imaginations, and expectations to future repayment, perpetual accumulation, and relationships that expanded capacities seemingly without limit" ( [25], p. 102). Credit's "coercive power" may be seen in Schermerhorn's choice of metaphor of binding, but also the context in which he is speaking, which is the rise of American capitalism through the practice of slavery.…”
Section: Seeing Like a Statementioning
confidence: 99%
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“…A number of well received historical monographs (Johnson ; Baptist ; Beckert ; Schermerhorn ; Rosenthal ) have helped to make slavery a signature topic of this new field.…”
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confidence: 99%