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Cotton capitalists : American Jewish entrepreneurship in the Reconstruction era

Author: Michael R Cohen
Publisher: New York : New York University Press, [2017]
Series: Goldstein-Goren series in American Jewish history.
Edition/Format:   Print book : EnglishView all editions and formats
Summary:
"In the nineteenth century, Jewish merchants created a thriving niche economy in the cotton trade, positioning themselves at the forefront of capitalist expansion. Jewish involvement in the cotton industry transformed both Jewish communities and their broader economic restructuring of the South. Cotton Capitalists analyzes this niche economy, revealing how Jewish merchants' status as a minority fostered ethnic  Read more...
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Genre/Form: History
Additional Physical Format: ebook version :
Document Type: Book
All Authors / Contributors: Michael R Cohen
ISBN: 9781479879700 1479879703
OCLC Number: 973481585
Description: xv, 259 pages : illustrations, maps ; 24 cm.
Contents: Introduction --
The antebellum cotton economy --
The war years --
Timing is everything --
Networks from above --
Networks from below --
The end of the niche economy --
Conclusion.
Series Title: Goldstein-Goren series in American Jewish history.
Responsibility: Michael R. Cohen.

Abstract:

"In the nineteenth century, Jewish merchants created a thriving niche economy in the cotton trade, positioning themselves at the forefront of capitalist expansion. Jewish involvement in the cotton industry transformed both Jewish communities and their broader economic restructuring of the South. Cotton Capitalists analyzes this niche economy, revealing how Jewish merchants' status as a minority fostered ethnic economic networks, which became the key to the merchant's success. Michael R. Cohen argues that Jewish merchants in the Gulf South, faced with anti-Jewish prejudice in an era where business relationships were based primarily upon trust, used ethnic ties with other Jewish-owned firms across the globe to sidestep those prejudices. Following the Civil War, they relied on these connections to direct Northern credit and goods to the economically devastated South. These relationships allowed them to survive the volatility of the Reconstruction Era while many of their non-Jewish competitors went under. Beyond the story of American Jewish success and integration, this book demonstrates the role of ethnicity in the development of global capitalism."--Dust jacket.

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"Michael R Cohen's...well-written book, reveals how the incomers' familial and, so to speak, tribal links with northern financiers and others across the world, modernised business in the South - Read more...

 
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