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A House Dividing : Economic Development in Pennsylvania and Virginia before the Civil War - John Majewski

A House Dividing

Economic Development in Pennsylvania and Virginia before the Civil War

Hardcover Published: 14th September 2000
ISBN: 9780521590235
Number Of Pages: 236

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Professor Majewski compares Virginia and Pennsylvania to explain how slavery undermined the development of the southern economy. In the beginning of the nineteenth century, residents in each state financed transportation improvements to raise land values and spur commercial growth. However, by the 1830s, Philadelphia capitalists began financing Pennsylvania's railroad network, building integrated systems that reached the Midwest. Virginia's railroads remained a collection of lines without western connections. The lack of a major city that could provide capital and traffic for large-scale railroads was the weakness of Virginia's slave economy.

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Introduction: Regional Development in Comparative Perspective
Developmental corporations in a slave-labor society
Developmental corporations in a free-labor society
Railroads and local development
The local politics of market development
Urban capital and the superiority of Pennsylvania's transportation network
Why Antebellum Virginians never developed a big city
Table of Contents provided by Publisher. All Rights Reserved.

ISBN: 9780521590235
ISBN-10: 052159023X
Series: Studies in Economic History and Policy
Audience: Professional
Format: Hardcover
Language: English
Number Of Pages: 236
Published: 14th September 2000
Country of Publication: GB
Dimensions (cm): 23.77 x 15.98  x 1.93
Weight (kg): 0.45

Earn 381 Qantas Points
on this Book