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Cover image for book A Deplorable Scarcity

A Deplorable Scarcity

The Failure of Industrialization in the Slave Economy
By:Fred Bateman; Thomas Weiss
Publisher:The University of North Carolina Press
Print ISBN:9780807854464
eText ISBN:9781469639987
Edition:1
Copyright:2017
Format:Reflowable

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In this major reexamination of the southern industrial economy and its failure to progress during the antebellum period, Fred Bateman and Thomas Weiss show that slavery and its consequences were not alone in inhibiting industrialization. They argue, rather, that the planters hesitated to invest in high-risk enterprises and worried that industrialization would undermine their authority. Underpinning this study is a massive data collection from census reports, which permits an economic analysis that was previously not feasible.

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