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
Tag Archives: History of American Capitalism
Another Kind of Blood: Edward Baptist on America’s Slaver Capitalism

Edward E. Baptist. The Half Has Never Been Told: Slavery and the Making of American Capitalism. New York: Basic Books, 2014.
The Half Has Never Been Told attempts a difficult feat: to analyze slavery’s place in the history of American capitalism, but also describe it as a lived experience. This is a story about commodities, bonds, and blood.
To join the abstract and the concrete, Edward Baptist relies on extended metaphors. His narrative traces the form of a human body: the ten chapters move from “Feet, 1783-1810” through “Tongues, 1819-1824” to “Arms, 1850-1861.” Overall, the narrative book follows an image, adapted from a Ralph Ellison essay, of “slavery’s giant body,” stretched across the territory of the United States, serving as the stage on which the drama of American history is acted.[1]
A MOOC Confession
I have a confession to make: I have been watching MOOCs. I feel guilty about it, honestly, I do—not so much about the fact that I have been watching them, but more about the fact that I have also been enjoying them.