Quotes & Sayings About Civil War Economy

The sad reality is that all the well-meaning groups and individuals who challenge our permanent war economy and the doctrine of preemptive war, who care about sustainable energy, fight for civil liberties and want corporate malfeasance to end, were once again suckered by the Democratic Party. They were had. It is not a new story. The Democrats have been doing this to us since Bill Clinton. It is the same old merry-go-round, only with Obama branding. — Chris Hedges

The American university inherits the missions of two very different institutions: the English college and the German research university. The first pattern prevailed before the Civil War. Curricula centered on the classics, and the purpose of education was understood to be the formation of character. With the emergence of a modern industrial society in the last decades of the nineteenth century, that kind of pedagogy was felt to be increasingly obsolete. Johns Hopkins was founded in 1876 as the first American university on the German model: a factory of knowledge that would focus in particular on the natural and social sciences, the disciplines essential to the new economy and the world to which it was giving rise. — William Deresiewicz

The US was forced to withdraw troops from Iraq after an extremely costly decade-long military occupation, leaving in place a regime more closely allied to Iran, the US' regional adversary. The Iraq war depleted the economy, deprived American corporations of oil wealth, greatly enlarged Washington's budget and trade deficits, and reduced the living standards of US citizens. The Afghanistan war had a similar outcome, with high external costs, military retreat, fragile clients, domestic disaffection, and no short or medium term transfers of wealth (imperial pillage) to the US Treasury or private corporations. The Libyan war led to the total destruction of a modern, oil-rich economy in North Africa, the total dissolution of state and civil society, and the emergence of armed tribal, fundamentalist militias opposed to US and EU client regimes in North and sub-Sahara Africa and beyond. Instead — James F. Petras

The cotton gin made it possible to grow medium- and short-staple cotton commercially, which led to the spread of the cotton plantation from a small coastal area to most of the South. As cotton planting expanded, so did slavery, and slavery's becoming the central institution of the Southern economy was the central precondition of the Civil War. What — Nicholas Lemann

Rusche and Kirchheimer relate the different systems of punishment with the systems of production within which they operate: thus, in a slave economy, punitive mechanisms serve to provide an additional labour force
and to constitute a body of 'civil' slaves in addition to those provided by war or trading; with feudalism, at a time when money and production were still at an early stage of development, we find a sudden increase in corporal punishments
the body being in most cases the only property accessible; the penitentiary (the Hopital General, the Spinhuis or the Rasphuis), forced labour and the prison factory appear with the development of the mercantile economy. But the industrial system requires a free market in labour and, in the nineteenth century, the role of forced labour in the mechanisms of punishment diminishes accordingly and 'corrective' detention takes its place. — Michel Foucault

The returns from cotton monopoly powered the modernization of the rest of the American economy, and by the time of the Civil War, the United States had become the second nation to undergo large-scale industrialization. In fact, slavery's expansion shaped every crucial aspect of the economy and politics of the new nation - not only — Edward E. Baptist