Friday, April 28, 2023

Banking on Slavery: Financing Southern Expansion in the Antebellum United States - REVIEW


by Sharon Ann Murphy

A sobering excavation of how deeply nineteenth-century American banks were entwined with the institution of slavery.

It’s now widely understood that the fullest expression of nineteenth-century American capitalism was found in the structures of chattel slavery. It’s also understood that almost every other institution and aspect of life then was at least entangled with—and often profited from—slavery’s perpetuation. Yet as Sharon Ann Murphy shows in her powerful and unprecedented book, the centrality of enslaved labor to banking in the antebellum United States is far greater than previously thought.

Banking on Slavery sheds light on precisely how the financial relationships between banks and slaveholders worked across the nineteenth-century South. Murphy argues that the rapid spread of slavery in the South during the 1820s and ’30s depended significantly upon southern banks’ willingness to financialize enslaved lives, with the use of enslaved individuals as loan collateral proving central to these financial relationships. She makes clear how southern banks were ready—and, in some cases, even eager—to alter time-honored banking practices to meet the needs of slaveholders. In the end, many of these banks sacrificed themselves in their efforts to stabilize the slave economy. Murphy also details how banks and slaveholders transformed enslaved lives from physical bodies into abstract capital assets. Her book provides an essential examination of how our nation’s financial history is more intimately intertwined with the dehumanizing institution of slavery than scholars have previously thought.

University of Chicago Press
ISBN-13: 978-0226825137

Sunday, April 23, 2023

Minor Notes, Volume 1 - REVIEW


Edited by Joshua Bennett and Jesse McCarthy

Joshua Bennett and Jesse McCarthy repeatedly found themselves struck by the number of exciting poets they came across in long-out-of-print collections and forgotten journals whose work has been neglected or entirely ignored, even by scholars of Black poetry. Minor Notes is an excavation initiative that recovers and curates archival materials from these understudied, though supremely gifted, African American poets of the nineteenth and twentieth centuries, and aims to bridge scholarly interest with the growing general audience who reads, writes, and circulates poetry within that tradition. As Minor Notes clarifies, the work of contemporary Black poets is perhaps best understood through the lens of a long-standing tradition of the poet as witness, as prophetic voice, as communal bard, and as scholar of the everyday and the miraculous. The poets featured in Volume 1 are George Moses Horton, Fenton Johnson, Georgia Douglas Johnson, Henrietta Cordelia Ray, David Wadsworth Cannon Jr., Anne Spencer, and Angelina Weld Grimké.

Penguin Classics
ISBN-13: 978-0143137269

Giovanni's Room - REVIEW

by James Baldwin

In the 1950s Paris of American expatriates, liaisons, and violence, a young man finds himself caught between desire and conventional morality. 

David is a young American expatriate who has just proposed marriage to his girlfriend, Hella. While she is away on a trip, David meets a bartender named Giovanni to whom he is drawn in spite of himself. Soon the two are spending the night in Giovanni’s curtainless room, which he keeps dark to protect their privacy. But Hella’s return to Paris brings the affair to a crisis, one that rapidly spirals into tragedy.

David struggles for self-knowledge during one long, dark night—“the night which is leading me to the most terrible morning of my life.” With a sharp, probing imagination, James Baldwin's now-classic narrative delves into the mystery of loving and creates a deeply moving story of death and passion that reveals the unspoken complexities of the human heart.

From one of the most brilliant and provocative literary figures of the past century comes a groundbreaking novel set among the bohemian bars and nightclubs of 1950s Paris, about love and the fear of love—"a book that belongs in the top rank of fiction" (The Atlantic).

Vintage Books
ISBN-13: 978-0345806567

Circe - REVIEW


by Madeline Miller

In the house of Helios, god of the sun and mightiest of the Titans, a daughter is born. But Circe is a strange child -- not powerful, like her father, nor viciously alluring like her mother. Turning to the world of mortals for companionship, she discovers that she does possess power -- the power of witchcraft, which can transform rivals into monsters and menace the gods themselves.

Threatened, Zeus banishes her to a deserted island, where she hones her occult craft, tames wild beasts and crosses paths with many of the most famous figures in all of mythology, including the Minotaur, Daedalus and his doomed son Icarus, the murderous Medea, and, of course, wily Odysseus.

But there is danger, too, for a woman who stands alone, and Circe unwittingly draws the wrath of both men and gods, ultimately finding herself pitted against one of the most terrifying and vengeful of the Olympians. To protect what she loves most, Circe must summon all her strength and choose, once and for all, whether she belongs with the gods she is born from, or the mortals she has come to love.

With unforgettably vivid characters, mesmerizing language, and page-turning suspense, Circe is a triumph of storytelling, an intoxicating epic of family rivalry, palace intrigue, love and loss, as well as a celebration of indomitable female strength in a man's world.

"A bold and subversive retelling of the goddess's story," this #1 New York Times bestseller is "both epic and intimate in its scope, recasting the most infamous female figure from the Odyssey as a hero in her own right" (Alexandra Alter, The New York Times).

#1 New York Times Bestseller -- named one of the Best Books of the Year by NPR, the Washington Post, People, Time, Amazon, Entertainment Weekly, Bustle, Newsweek, the A.V. Club, Christian Science Monitor, Refinery 29, Buzzfeed, Paste, Audible, Kirkus, Publishers Weekly, Thrillist, NYPL, Self, Real Simple, Goodreads, Boston Globe, Electric Literature, BookPage, the Guardian, Book Riot, Seattle Times, and Business Insider.

Back Bay Books
ISBN: 98-0316556323

Reconstruction: America's Unfinished Revolution, 1863-1877 - Updated Edition - REVIEW


by Eric Foner

Eric Foner's "masterful treatment of one of the most complex periods of American history" (New Republic) redefined how the post-Civil War period was viewed.

Reconstruction chronicles the way in which Americans—black and white—responded to the unprecedented changes unleashed by the war and the end of slavery. It addresses the ways in which the emancipated slaves' quest for economic autonomy and equal citizenship shaped the political agenda of Reconstruction; the remodeling of Southern society and the place of planters, merchants, and small farmers within it; the evolution of racial attitudes and patterns of race relations; and the emergence of a national state possessing vastly expanded authority and committed, for a time, to the principle of equal rights for all Americans.

This "smart book of enormous strengths" (Boston Globe) remains the standard work on the wrenching post-Civil War period—an era whose legacy still reverberates in the United States today.

Harper Modern Classics
ISBN: 978-0-06-235451-8