The Economics Of Emancipation

The British Slavery Abolition Act of 1834 provided a grant of u20 million to compensate the owners of West Indian slaves for the loss of their human 'property.' In this first comparative analysis of the impact of the award on the colonies, Mary Butler focuses on Jamaica and Barbados, two of Britain's premier sugar islands. The Economics of Emancipation examines the effect of compensated emancipation on colonial credit, landownership, plantation land values, and the broader spheres of international trade and finance. Butler also brings the role and status of women as creditors and plantation owners into focus for the first time. Through her analysis of rarely used chancery court records, attorneys' letters, and compensation returns, Butler underscores the fragility of the colonial economies of Jamaica and Barbados, illustrates the changing relationship between planters and merchants, and offers new insights into the social and political history of the West Indies and Britain.

The British Slavery Abolition Act of 1834 provided a grant of oe20 million to compensate the owners of West Indian slaves for the loss of their human 'property.' In this first comparative analysis of the impact of the award on the colonies, Mary Butler fo

This economic history classic examines the economic institutions that replaced slavery.

One Kind of Freedom examines the economic institutions that replaced slavery and the conditions under which ex-slaves were allowed to enter the economic life of the United States following the Civil War. The authors contend that although the kind of freedom permitted to black Americans allowed substantial increases in their economic welfare, it effectively curtailed further black advancement and retarded Southern economic development. The new edition of this economic history classic includes a new introduction by the authors, an extensive bibliography of works in Southern history published since the appearance of the first edition, and revised findings based on newly available data and statistical techniques.

In this book Professor Roger Ransom examines the economic and political factors that led to the attempt by Southerners to dissolve the Union in 1860, and the equally determined effort of Northerners to preserve it. Ransom argues that the system of capitalist slavery in the South not only "caused" the Civil War by producing tensions that could not be resolved by compromise; it also played a crucial role in the outcome of that war by crippling the southern war effort at the same time that emancipation became a unifying issue for the North. Ransom also carefully examines the impact that four years of war and the emancipation of slaves had both on the defeated South and the victorious North. -- From publisher's description.

Debates about whether to maintain or abolish slavery revolved around two key values: the morality of enslaving other human beings and the economic benefits and costs of slavery as compared to free labor. Various and conflicting arguments were presented by abolitionists, colonists, and administrators in slave-holding societies, all of whom used calculations about the relative cost and productivity of slavery to defend their own point of view in an impassioned debate. In Calculation and Morality, Caroline Oudin-Bastide and Philippe Steiner consider how economic calculations, estimations, and arguments informed the long debate over French slavery between 1771 and 1848. They show how calculation was introduced into moral debate and became a critical social object in regard both to its consistency and its manifest effects. To do so they trace a process in which phenomena were classified into groups, becoming a category, and then how metrics and calculations were used to analyze the possible effects of emancipating slaves in French colonies. Abolitionists sought to demonstrate that it was in the interest of slaveowners and/or the entire nation to employ free labour in the colonies, and to show the irrationality of the colonial and metropolitan defenders of servitude; their aim was to enlighten various parties as to their real interest, and how that real interest coincided with justice. In turn, colonists accused those opposed to slavery of being blinded by their own philanthropic principles and insisted on the rationality of the slave system as the only means of meeting the interests of everyone, including slaves, at least in the short and medium term. Oudin-Bastide and Steiner closely examine the positions and reasoning of such influential French thinkers as Pierre Samuel Du Pont de Nemours, Anne Robert Jacques Turgot, Antoine Nicolas de Condorcet, Simonde de Sismondi, Jean Baptiste Say, and Alexis de Tocqueville. In doing so they shed light on the interaction of moral precepts and econonomic calculations in a trenchant study in the history of ideas.

"At the center of the upheavals brought by emancipation in the American South was the economic and social transition from slavery to modern capitalism. In Between Slavery and Capitalism, Martin Ruef examines how this institutional change affected individuals, organizations, and communities in the late nineteenth century, as blacks and whites alike learned to navigate the shoals between two different economic worlds ... In the aftermath of the Civil War, uncertainty was a pervasive feature of life in the South, affecting the economic behavior and social status of former slaves, Freedmen's Bureau agents, planters, merchants, and politicians, among others. Emancipation brought fundamental questions: How should emancipated slaves be reimbursed in wage contracts? What occupations and class positions would be open to blacks and whites? What forms of agricultural tenure could persist? And what paths to economic growth would be viable? To understand the escalating uncertainty of the postbellum era, Ruef draws on a wide range of qualitative and quantitative data, including several thousand interviews with former slaves, letters, labor contracts, memoirs, survey responses, census records, and credit reports. Through a resolutely comparative approach, Between Slavery and Capitalism identifies profound changes between the economic institutions of the Old and New South and sheds new light on how the legacy of emancipation continues to affect political discourse and race and class relations today."--Publisher's Web site.

This work focuses on economic activities, especially in the era of globalization, taking into consideration, their relationship with some of the traditional values of the Church. It focuses particurlarly on the dignity of the human person and how such relationship can promote or alienate the human person from God, self, fellow humans, society and nature. Rev. Father Dr. Albert Okechukwu Ikpenwa holds B. Phil. and BD from Pontifical Urban University, Rome; Masters and Doctorate degrees from Alphonsian Academy "Alfonsianum", Higher Institute of Moral Theology of the Pontifical Lateran University, Rome.