King Cotton In International Trade

In King Cotton in International Trade Meredith A. Taylor Black provides a comprehensive analysis of the WTO Cotton dispute and its significant jurisprudential and negotiating effect on disciplining and containing the negative effects of highly trade-distorting agricultural subsidies of developed countries.

WINNER OF THE BANCROFT PRIZE • A Pulitzer Prize finalist that's as unsettling as it is enlightening: a book that brilliantly weaves together the story of cotton with how the present global world came to exist. “Masterly … An astonishing achievement.” —The New York Times The empire of cotton was, from the beginning, a fulcrum of constant global struggle between slaves and planters, merchants and statesmen, workers and factory owners. Sven Beckert makes clear how these forces ushered in the world of modern capitalism, including the vast wealth and disturbing inequalities that are with us today. In a remarkably brief period, European entrepreneurs and powerful politicians recast the world’s most significant manufacturing industry, combining imperial expansion and slave labor with new machines and wage workers to make and remake global capitalism.

King Cotton in Modern America places the once kingly crop in historical perspective, showing how "cotton culture" was actually part of the larger culture of the United States despite many regarding its cultivation and sources as hopelessly backward. Leaders in the industry, acting through the National Cotton Council, organized the various and often conflicting segments to make the commodity a viable part of the greater American economy. The industry faced new challenges, particularly the rise of foreign competition in production and the increase of man-made fibers in the consumer market. Modernization and efficiency became key elements for cotton planters. The expansion of cotton- growing areas into the Far West after 1945 enabled American growers to compete in the world market. Internal dissension developed between the traditional cotton growing regions in the South and the new areas in the West, particularly over the USDA cotton allotment program. Mechanization had profound social and economic impacts. Through music and literature, and with special emphasis placed on the meaning of cotton to African Americans in the lore of Memphis's Beale Street, blues music, and African American migration off the land, author D. Clayton Brown carries cotton's story to the present.

The exhaustive, definitive study of Southern attempts to gain international support for the Confederacy by leveraging the cotton supply for European intervention during the Civil War. Using previously untapped sources from Britain and France, along with documents from the Confederacy's state department, Frank Owsley's King Cotton Diplomacy is the first archival-based study of Confederate diplomacy.

Winner, 2010 Bennett H. Wall Award, Southern Historical Association In this fresh study Brian Schoen views the Deep South and its cotton industry from a global perspective, revisiting old assumptions and providing new insights into the region, the political history of the United States, and the causes of the Civil War. Schoen takes a unique and broad approach. Rather than seeing the Deep South and its planters as isolated from larger intellectual, economic, and political developments, he places the region firmly within them. In doing so, he demonstrates that the region’s prominence within the modern world—and not its opposition to it—indelibly shaped Southern history. The place of “King Cotton” in the sectional thinking and budding nationalism of the Lower South seems obvious enough, but Schoen reexamines the ever-shifting landscape of international trade from the 1780s through the eve of the Civil War. He argues that the Southern cotton trade was essential to the European economy, seemingly worth any price for Europeans to protect and maintain, and something to defend aggressively in the halls of Congress. This powerful association gave the Deep South the confidence to ultimately secede from the Union. By integrating the history of the region with global events, Schoen reveals how white farmers, planters, and merchants created a “Cotton South,” preserved its profitability for many years, and ensured its dominance in the international raw cotton markets. The story he tells reveals the opportunities and costs of cotton production for the Lower South and the United States.

Today's world textile and garment trade is valued at a staggering $425 billion. We are told that under the pressure of increasing globalisation, it is India and China that are the new world manufacturing powerhouses. However, this is not a new phenomenon: until the industrial revolution, Asia manufactured great quantities of colourful printed cottons that were sold to places as far afield as Japan, West Africa and Europe. Cotton explores this earlier globalised economy and its transformation after 1750 as cotton led the way in the industrialisation of Europe. By the early nineteenth century, India, China and the Ottoman Empire switched from world producers to buyers of European cotton textiles, a position that they retained for over two hundred years. This is a fascinating and insightful story which ranges from Asian and European technologies and African slavery to cotton plantations in the Americas and consumer desires across the globe.