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Between Slavery and Capitalism:
The Legacy of Emancipation in the American South
Martin Ruef

Book Description | Table of Contents
Chapter 1 [in PDF format]


"Ruef has written a marvelously clear and compelling account of the profound transformation of the South's economy after the Civil War, explaining how former slaves and former slaveholders and other whites navigated the uncertain terrain left after the abolition of slavery. This is a model for how to triangulate among multiple historical sources--government censuses, credit ratings, archives on Southern plantations, and interviews with former slaves."--Heather A. Haveman, University of California, Berkeley

"Ruef's book is an absolute must read. His novel analysis--deploying economic sociology's concepts of classical uncertainty (unknown probabilities of known outcomes) and categorical uncertainty (unknown outcomes) to analyze the transitions to capitalism after the U.S. Civil War--can be fruitfully applied to countless situations of profound institutional change, past and present."--Rebecca Jean Emigh, University of California, Los Angeles

"Between Slavery and Capitalism tells a masterful, authoritative, and previously untold story about how pervasive uncertainty shaped the economy of the South following emancipation. Using an impressive array of data to test theory and draw conclusions, Martin Ruef takes up for empirical consideration what most have only speculated and theorized about."--Enobong Hannah Branch, University of Massachusetts, Amherst

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File created: 11/22/2015

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