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Until the nineteenth century, \"risk\" was a specialized term: it was the commodity exchanged in a marine insurance contract. Freaks of Fortune tells how the modern concept of risk emerged in the United States. Born on the high seas, risk migrated inland and became essential to the financial management of an inherently uncertain capitalist future.

From the end of the nineteenth century through the first decades of the twentieth, the United States experienced unprecedented structural change. Advances in communication and manufacturing technology brought about a revolution for major industries such as railroads, coal, and steel. The still-growing nation established economic, political, and cultural entanglements with forces overseas. Local strikes in manufacturing, urban transit, and construction placed labor issues front and center in political campaigns, legislative corridors, church pulpits, and newspapers of the era. The Long Gilded Ageconsiders the interlocking roles of politics, labor, and internationalism in the ideologies and institutions that emerged at the turn of the twentieth century. Presenting a new twist on central themes of American labor and working-class history, Leon Fink examines how the American conceptualization of free labor played out in iconic industrial strikes, and how \"freedom\" in the workplace became overwhelmingly tilted toward individual property rights at the expense of larger community standards. He investigates the legal and intellectual centers of progressive thought, situating American policy actions within an international context. In particular, he traces the development of American socialism, which appealed to a young generation by virtue of its very un-American roots and influences. The Long Gilded Ageoffers both a transnational and comparative look at a formative era in American political development, placing this tumultuous period within a worldwide confrontation between the capitalist marketplace and social transformation.

What makes somebody a Loser, a person doomed to unfulfilled dreams and humiliation? Nobody is born to lose, and yet failure embodies our worst fears. The Loser is our national bogeyman, and his history over the past two hundred years reveals the dark side of success, how economic striving reshaped the self and soul of America. From colonial days to the Columbine tragedy, Scott Sandage explores how failure evolved from a business loss into a personality deficit, from a career setback to a gauge of our self-worth. From hundreds of private diaries, family letters, business records, and even early credit reports, Sandage reconstructs the dramas of real-life Willy Lomans. He unearths their confessions and denials, foolish hopes and lost faith, sticking places and changing times. Dreamers, suckers, and nobodies come to life in the major scenes of American history, like the Civil War and the approach of big business, showing how the national quest for success remade the individual ordeal of failure. Born Losers is a pioneering work of American cultural history, which connects everyday attitudes and anxieties about failure to lofty ideals of individualism and salesmanship of self. Sandage's storytelling will resonate with all of us as it brings to life forgotten men and women who wrestled with The Loser--the label and the experience--in the days when American capitalism was building a nation of winners.

This book examines the historiography of nineteenth century slavery from the perspective of the “second slavery.” The concept of the second slavery emphasizes the relationship between local histories and world-economic transformations. It breaks with conventional narratives of slavery by emphasizing the expansion of reconfigured slaveries in extensive new zones of commodity production in Brazil, Cuba and the US South as part of world-economic processes of decolonization, industrialization, urbanization, and the creation of mass markets. Thus, slavery was not a moribund institution. Capitalist modernity, liberal ideology, and anti-slavery from above or from below, faced a vigorous foe that operated within the very economic, political, and cultural premises of the changing 19th century world. This perspective offers an original approach to the history of slavery. It has opened up vigorous debates over slavery and anti-slavery, Atlantic history and capitalism. An international group of scholars critically engage older traditions of scholarship on Atlantic history, the economic history of slavery, and the history of slavery in Cuba, Brazil, and the United States from the perspective of the second slavery. Each chapter reinterprets its subject matter in a way that opens out to dialogue between national historiographies and to a reformulation of Atlantic and world-economic history. This collection of essays contributes to the development of a more productive conceptual framework for the reconstruction and reinterpretation of the historical relation of slavery and world capitalism during the nineteenth century.

Until the 19th century, 'risk' was a specialized term: it was the commodity exchanged in a marine insurance contract. 'Freaks of Fortune' tells how the modern concept of risk emerged in the United States.

In 1842 a group of radical abolitionists formed a community in Northampton, Massachusetts, in order to pioneer \"a better and purer state of society.\" Calling themselves the Northampton Association of Education and Industry, they envisioned a world free of poverty and inequality, religious intolerance, slavery and racial injustice. In telling the fascinating and little-known history of the Association, Christopher Clark offers insights into the \"communitarian moment\" of the 1840s which saw the establishment of dozens of utopian communities by Americans determined to challenge the tenets of their society. One of the few places in mid-nineteenth-century America where white and black people could live as equals, the Northampton community was home to almost two hundred and fifty men, women, and children during its four and a half years of existence. The membership comprised an unusual collection of individuals, among them small manufacturers, abolitionist lecturers, teachers, craftsmen, laborers, and former slaves, including Sojourner Truth. Offering biographical sketches of a variety of intriguing characters, Clark describes the inhabitants' daily routines, their struggle to support themselves through the production of silk, the roles of men and women, and tensions among members of different cultural backgrounds. Finally, he looks at the reasons for the closing of the community and follows the lives of its members, recounting the subsequent softening of their political convictions. Throughout his masterful narrative, Clark views the Northampton Association in its wider social and cultural context. He shows how, by attempting to initiate radical change, the Association and other utopian groups tested the ideological limits of antebellum society. Clark helps us understand both the significance of their vision and what was lost when that vision was abandoned. In 1842 a group of radical abolitionists formed a community in Northampton, Massachusetts, in order to pioneer \"a better and purer state of society.\" Calling themselves the Northampton Association of Education and Industry, they envisioned a world free of poverty and inequality, religious intolerance, slavery and racial injustice. In telling the fascinating and little-known history of the Association, Christopher Clark offers insights into the \"communitarian moment\" of the 1840s which saw the establishment of dozens of utopian communities by Americans determined to challenge the tenets of their society. One of the few places in mid-nineteenth-century America where white and black people could live as equals, the Northampton community was home to almost two hundred and fifty men, women, and children during its four and a half years of existence. The membership comprised an unusual collection of individuals, among them small manufacturers, abolitionist lecturers, teachers, craftsmen, laborers, and former slaves, including Sojourner Truth. Offering biographical sketches of a variety of intriguing characters, Clark describes the inhabitants' daily routines, their struggle to support themselves through the production of silk, the roles of men and women, and tensions among members of different cultural backgrounds. Finally, he looks at the reasons for the closing of the community and follows the lives of its members, recounting the subsequent softening of their political convictions. Throughout his masterful narrative, Clark views the Northampton Association in its wider social and cultural context. He shows how, by attempting to initiate radical change, the Association and other utopian groups tested the ideological limits of antebellum society. Clark helps us understand both the significance of their vision and what was lost when that vision was abandoned.