Deadweight Loss and the American Civil War: The Political Economy of Slavery, Secession, and Emancipation

2012 ◽  
Author(s):  
Jeffrey Rogers Hummel
Keyword(s):  
Political Economy ◽  
Civil War ◽  
American Civil War ◽  
The Political ◽  
Deadweight Loss

Herrenvolk Capitalism

2015 ◽  
Vol 23 (2) ◽  
pp. 298-312
Author(s):  
Troy Vettese
Keyword(s):  
Political Economy ◽  
Civil War ◽  
Gulf Of Mexico ◽  
American Civil War ◽  
The Political ◽  
Industrial Economy ◽  
Wide Range ◽  
Imperial Expansion ◽  
Theoretical Issues

Walter Johnson’s River of Dark Dreams is a book on the political economy of the Mississippi basin in the six decades before the American Civil War. The book’s three aims are to show, firstly, the racial, ecological, gender, and economic contradictions inherent within this society; secondly, the mechanisms of power maintaining a slave-holding oligarchy; and finally, its attempts at imperial expansion in the Gulf of Mexico. This book is exceptional as an example of integrating a wide range of poststructuralist approaches within a Marxist framework. Johnson mixes methods to vividly portray the ‘Cotton Kingdom’ as a vital, imperialist and capitalist polity that was in no way in decline, but rather the centre of the global industrial economy. This book is excellent, but flawed for avoiding theoretical issues and because Johnson is unable to prove broad support for private imperialist adventurers (‘filibusters’).

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