Description 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.
He is a past president of the Economic History Association and the Agricultural History Society..
Owsley Award of the Southern Historical Association. and Harriet C.
About the Author Gavin Wright is William Robertson Coe Professor in American Economic History at Stanford University and the author of The Political Economy of the Cotton South and Old South, New South: Revolutions in the Southern Economy Since the Civil War, winner of the Frank L.
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.
He vividly details the origins, workings, and ultimate demise of that distinct system.
After the Civil War, Wright explains, the South continued to be a low-wage regional market embedded in a high-wage national economy.
Description 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
