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Planting the Capitalist South: Masters, Merchants, and Manufacturers in the Southern Interior, 1790-1860by Downey, Tom
Publisher: LSU Press
Retail Price: $49.95
Issue: Spring 2006
As a region that simultaneously promoted slavery as well as the commercial interests of banks, factories, and railroads, the antebellum South embraced economies that were ostensibly at odds. However different, these two economic models did coexist in areas such as the Savannah River Valley of western South Carolina. Here, commercial and industrial owners received state backing to advance their own interests over the agriculturally-based pursuits of the local population during the first half of the nineteenth century. By the time of Reconstruction, the Savannah River Valley and many regions like it were well on their way to adopting a capitalist economy.