Items related to Old South/new South
Synopsis
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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- PublisherBasic Books
- Publication date1986
- ISBN 10 0465051936
- ISBN 13 9780465051939
- BindingHardcover
- LanguageEnglish
- Edition number1
- Number of pages331
- Rating
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Old South, New South : An Economic History since the Civil War
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Basic Books, 1986
ISBN 10: 0465051936
ISBN 13: 9780465051939
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Old South, New South | Revolutions in the Southern Economy Since the Civil War
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Old South, New South
Published by
Basic Books, 1986
ISBN 10: 0465051936
ISBN 13: 9780465051939
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Old South/new South
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Basic Books, 1986
ISBN 10: 0465051936
ISBN 13: 9780465051939
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Old South/new South
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ISBN 10: 0465051936
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