Today’s guest poster, Jeffrey A. Fortin, is an Assistant Professor of History at Emmanuel College, Boston. He is currently finishing up a book on Paul Cuffe, an African-American Quaker and merchant in the early republic.
Credit cards, electronic banking, online shopping, and a host of other modern forms of commerce did not exist at the turn of the nineteenth century. Merchants throughout the Atlantic relied on reputation and good character when determining a customer’s credit worthiness. Not exactly a foolproof way to do business but seemingly less risky than our fully electronic world of money and banking in twenty-first century America. Yet, identity theft and fraud were still a part of doing business.
One of the central characteristics of the new history of capitalism has been its tendency to defer the question of just what “capitalism” is. The project’s enquiry starts with the question, not with a predetermined answer. But in order to know where to look, historians have to start with some idea about what makes a place and a time capitalist. As Tim Shenk points out in a recent article in The New Republic, the clue around which they converge is economic growth. Continue reading →
This post is part of an ongoing exploration of the edges of capitalism that I’ve been conducting in the pages of the Junto, most recently here. One element of that exploration, and something that’s been highly visible in the discussion lately—especially with things like the furore over The Economist‘s review of Ed Baptist’s book, The Half Has Never Been Told (we posted our own review)—is the relationship between slavery and capitalism. Today I want to focus on just one element of that relationship: the distinction between commodifying labour and commodifying people. Continue reading →
The past week has brought a number of fascinating developments in the world of academe and early America. But I think by far the most exciting has been the arrival in mailboxes around the country of the Fall 2014 issue of Early American Studies—a special edition dedicated to “Critical Approaches to Sex and Gender in Early America.” The articles are rich, creative, and surprising; I haven’t been able to put the issue down. If you’ve not gotten around to reading it yet, head on over to Project Muse and enjoy. In case you have already savored the new EAS issue, though, here’s your weekly roundup of noteworthy online happenings to bide you through a crisp fall Sunday. Continue reading →