Old South, New South: Revolutions in the Southern Economy Since the Civil War
ISBN: 0807120987
EAN13: 9780807120989
Language: English
Pages: 336
Dimensions: 1.00" H x 8.00" L x 5.00" W
Weight: 1.00 lbs.
Format: Paperback
Book Overview
In this provocative and intricate analysis of the postbellum southern economy, Gavin Wright finds in the South's peculiar labor market the answer to the perennial question of why the region remained backward for so long. After the Civil War, Wright explains, the South continued to be a low-wage regional market embedded in a high-wage national economy. He vividly details the origins, workings, and ultimate demise of that distinct system. The post-World War II southern economy, which created today's Sunbelt, Wright shows, is not the result of the evolution of the old system, but the product of a revolution brought on by the New Deal and World War II that shattered the South's stagnant structure and created a genuinely new, thriving order.