Gavin Wright Old South/new South

ISBN 13: 9780465051939

Old South/new South

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9780465051939: Old South/new South
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In this provocative and intricate analysis of the postbellum southern economy, Gavin Wright finds in the South's peculiar labor market the answer to the perennial question of why the region remained backward for so long. After the Civil War, Wright explains, the South continued to be a low-wage regional market embedded in a high-wage national economy. He vividly details the origins, workings, and ultimate demise of that distinct system. The post-World War II southern economy, which created today's Sunbelt, Wright shows, is not the result of the evolution of the old system, but the product of a revolution brought on by the New Deal and World War II that shattered the South's stagnant structure and created a genuinely new, thriving order.

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About the Author:

Gavin Wright is William Robertson Coe Professor in American Economic History at Stanford University and the author of The Political Economy of the Cotton South and Old South, New South: Revolutions in the Southern Economy Since the Civil War, winner of the Frank L. and Harriet C. Owsley Award of the Southern Historical Association. He is a past president of the Economic History Association and the Agricultural History Society.

From Library Journal:

Wright's earlier work established him as the most literate and thoughtful of the "new economic historians"; this new book can only enhance his reputation. In it he argues that Southern poverty after the Civil War is best understood as a function of a separate, low-wage labor market. The advantage of lower labor costs did not bring prosperity but instead kept the South impoverished. Wright argues that market forces alone could not transform the South onto a level comparable to the North. Rather, the market economy perversely keep the South racist and poor. Only the undermining of the Southern plantation economy by federal New Deal policies changed the South in the post-war decades into part of the "Sun Belt." Wright's book will interest scholars, but it is also accessible to laypersons. Strongly recommended for academic and larger public libraries. James W. Oberly, History Dept., Univ. of WisconsinEau Claire
Copyright 1986 Reed Business Information, Inc.

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Other Popular Editions of the Same Title

9780807120989: Old South, New South: Revolutions in the Southern Economy since the Civil War

Featured Edition

ISBN 10:  0807120987 ISBN 13:  9780807120989
Publisher: LSU Press, 1997
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9780465051946: Old South/new South

Basic ..., 1987
Softcover

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