While elite merchants, financiers, shopkeepers, and customers were the most visible producers, consumers, and distributors of goods and capital in the nineteenth century, they were certainly not alone in shaping the economy. Lurking in the shadows of capitalism's past are those who made markets by navigating a range of new financial instruments, information systems, and modes of transactions: prostitutes, dealers in used goods, mock auctioneers, illegal slavers, traffickers in stolen horses, emigrant runners, pilfering dock workers, and other ordinary people who, through their transactions and lives, helped to make capitalism as much as it made them.
Capitalism by Gaslight illuminates American economic history by emphasizing the significance of these markets and the cultural debates they provoked. These essays reveal that the rules of economic engagement were still being established in the nineteenth century: delineations between legal and illegal, moral and immoral, acceptable and unsuitable were far from clear. The contributors examine the fluid mobility and unstable value of people and goods, the shifting geographies and structures of commercial institutions, the blurred boundaries between legitimate and illegitimate economic activity, and the daily lives of men and women who participated creatively—and often subversively—in American commerce.
With subjects ranging from women's studies and African American history to material and consumer culture, this compelling volume illustrates that when hidden forms of commerce are brought to light, they can become flashpoints revealing the tensions, fissures, and inequities inherent in capitalism itself.
Contributors: Paul Erickson, Robert J. Gamble, Ellen Gruber Garvey, Corey Goettsch, Joshua R. Greenberg, Katie M. Hemphill, Craig B. Hollander, Brian P. Luskey, Will B. Mackintosh, Adam Mendelsohn, Brendan P. O'Malley, Michael D. Thompson, Wendy A. Woloson.
Introduction—Brian P. Luskey and Wendy A. Woloson
Chapter 1. The Loomis Gang's Market Revolution—Will B. Mackintosh
Chapter 2. The Promiscuous Economy: Cultural and Commercial Geographies of Secondhand in the Antebellum City—Robert J. Gamble
Chapter 3. The Era of Shinplasters: Making Sense of Unregulated Paper Money—Joshua R. Greenberg
Chapter 4. The Rag Race: Jewish Secondhand Clothing Dealers in England and America—Adam Mendelsohn
Chapter 5. Lickspittles and Land Sharks: The Immigrant Exploitation Business in Antebellum New York—Brendan P. O'Malley
Chapter 6. "The World Is But One Vast Mock Auction": Fraud and Capitalism in Nineteenth-Century America—Corey Goettsch
Chapter 7. Underground on the High Seas: Commerce, Character, and Complicity in the Illegal Slave Trade—Craig B. Hollander
Chapter 8. "Some Rascally Business": Thieving Slaves, Unscrupulous Whites, and Charleston's Illicit Waterfront Trade—Michael D. Thompson
Chapter 9. Selling Sex and Intimacy in the City: The Changing Business of Prostitution in Nineteenth-Century Baltimore—Katie M. Hemphill
Chapter 10. Economies of Print in the Nineteenth-Century City—Paul Erickson
Chapter 11. Back Number Budd: An African American Pioneer in the Old Newspaper and Information Management Business—Ellen Gruber Garvey
Conclusion—Brian P. Luskey and Wendy A. Woloson
Notes Index List of Contributors Acknowledgments
Brian P. Luskey teaches history at West Virginia University. He is author of On the Make: Clerks and the Quest for Capital in Nineteenth-Century America. Wendy A. Woloson teaches history at Rutgers University-Camden. She is the author of In Hock: Pawning in America from Independence Through the Great Depression and Refined Tastes: Sugar, Confectionery, and Consumers in Nineteenth-Century American Culture.
"A valuable addition to the rapidly growing literature on the history of capitalism in the United States."—Gary Kornblith, Oberlin College
"This engagingly presented volume is a truly important contribution to the economic and cultural history of the nineteenth century and to the history of capitalism."—Rosanne Currarino, Queens University