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Synopsis
A Five Books Best Economics Book of the Year
A Politico Great Weekend Read
“Absolutely compelling.”
―Diane Coyle
“The evolution of modern management is usually associated with good old-fashioned intelligence and ingenuity…But capitalism is not just about the free market; it was also built on the backs of slaves.”
―Forbes
The story of modern management generally looks to the factories of England and New England for its genesis. But after scouring through old accounting books, Caitlin Rosenthal discovered that Southern planter-capitalists practiced an early form of scientific management. They took meticulous notes, carefully recording daily profits and productivity, and subjected their slaves to experiments and incentive strategies comprised of rewards and brutal punishment. Challenging the traditional depiction of slavery as a barrier to innovation, Accounting for Slavery shows how elite planters turned their power over enslaved people into a productivity advantage. The result is a groundbreaking investigation of business practices in Southern and West Indian plantations and an essential contribution to our understanding of slavery’s relationship with capitalism.
“Slavery in the United States was a business. A morally reprehensible―and very profitable business…Rosenthal argues that slaveholders…were using advanced management and accounting techniques long before their northern counterparts. Techniques that are still used by businesses today.”
―Marketplace
“Rosenthal pored over hundreds of account books from U.S. and West Indian plantations…She found that their owners employed advanced accounting and management tools, including depreciation and standardized efficiency metrics.”
―Harvard Business Review
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About the Author
Caitlin Rosenthal returned to Harvard for her Ph.D. in history after three years with McKinsey & Company. A finalist for the Nevins Prize in Economic History and winner of the Krooss Prize for the Best Dissertation in Business History at Harvard University, she was a Newcomen Postdoctoral Fellow at Harvard Business School and is now Assistant Professor of History at the University of California, Berkeley.
"About this title" may belong to another edition of this title.
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Accounting for Slavery : Masters and Management
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Accounting for Slavery : Masters and Management
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Paperback. Condition: New. A Five Books Best Economics Book of the YearA Politico Great Weekend Read"Absolutely compelling."-Diane Coyle"The evolution of modern management is usually associated with good old-fashioned intelligence and ingenuity.But capitalism is not just about the free market; it was also built on the backs of slaves."-ForbesThe story of modern management generally looks to the factories of England and New England for its genesis. But after scouring through old accounting books, Caitlin Rosenthal discovered that Southern planter-capitalists practiced an early form of scientific management. They took meticulous notes, carefully recording daily profits and productivity, and subjected their slaves to experiments and incentive strategies comprised of rewards and brutal punishment. Challenging the traditional depiction of slavery as a barrier to innovation, Accounting for Slavery shows how elite planters turned their power over enslaved people into a productivity advantage. The result is a groundbreaking investigation of business practices in Southern and West Indian plantations and an essential contribution to our understanding of slavery's relationship with capitalism."Slavery in the United States was a business. A morally reprehensible-and very profitable business.Rosenthal argues that slaveholders.were using advanced management and accounting techniques long before their northern counterparts. Techniques that are still used by businesses today."-Marketplace"Rosenthal pored over hundreds of account books from U.S. and West Indian plantations.She found that their owners employed advanced accounting and management tools, including depreciation and standardized efficiency metrics."-Harvard Business Review. Seller Inventory # LU-9780674241657
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Paperback. Condition: new. Paperback. A Five Books Best Economics Book of the YearA Politico Great Weekend Read"Absolutely compelling."-Diane Coyle"The evolution of modern management is usually associated with good old-fashioned intelligence and ingenuity But capitalism is not just about the free market; it was also built on the backs of slaves."-ForbesThe story of modern management generally looks to the factories of England and New England for its genesis. But after scouring through old accounting books, Caitlin Rosenthal discovered that Southern planter-capitalists practiced an early form of scientific management. They took meticulous notes, carefully recording daily profits and productivity, and subjected their slaves to experiments and incentive strategies comprised of rewards and brutal punishment. Challenging the traditional depiction of slavery as a barrier to innovation, Accounting for Slavery shows how elite planters turned their power over enslaved people into a productivity advantage. The result is a groundbreaking investigation of business practices in Southern and West Indian plantations and an essential contribution to our understanding of slavery's relationship with capitalism."Slavery in the United States was a business. A morally reprehensible-and very profitable business Rosenthal argues that slaveholders were using advanced management and accounting techniques long before their northern counterparts. Techniques that are still used by businesses today."-Marketplace (American Public Media)"Rosenthal pored over hundreds of account books from U.S. and West Indian plantations She found that their owners employed advanced accounting and management tools, including depreciation and standardized efficiency metrics."-Harvard Business Review Shipping may be from multiple locations in the US or from the UK, depending on stock availability. Seller Inventory # 9780674241657
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