The Half Has Never Been Told: Slavery and the Making of American Capitalism (Paperback)

The Half Has Never Been Told: Slavery and the Making of American Capitalism By Edward E. Baptist Cover Image
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A groundbreaking history demonstrating that America's economic supremacy was built on the backs of enslaved people

Winner of the 2015 Avery O. Craven Prize from the Organization of American Historians
Winner of the 2015 Sidney Hillman Prize

Americans tend to cast slavery as a pre-modern institution -- the nation's original sin, perhaps, but isolated in time and divorced from America's later success. But to do so robs the millions who suffered in bondage of their full legacy. As historian Edward E. Baptist reveals in The Half Has Never Been Told, the expansion of slavery in the first eight decades after American independence drove the evolution and modernization of the United States. In the span of a single lifetime, the South grew from a narrow coastal strip of worn-out tobacco plantations to a continental cotton empire, and the United States grew into a modern, industrial, and capitalist economy.
Told through the intimate testimonies of survivors of slavery, plantation records, newspapers, as well as the words of politicians and entrepreneurs, The Half Has Never Been Told offers a radical new interpretation of American history.

About the Author

Edward E. Baptist is a professor of history at Cornell University. Author of the award-winning Creating an Old South, he lives in Ithaca, New York.

Praise For…

“Abolitionists were contemptuous of such self-serving nonsense, but they too tended to see slavery as an economically inefficient, and morally reprehensible, hangover from the premodern past… In ‘The Half Has Never Been Told,’ Edward E. Baptist takes passionate issue with such assumptions. He asserts that slavery was neither inherently inefficient nor a counterpoint to capitalism. Rather, he says, it was woven inextricably into the transnational fabric of early 19th-century capitalism…Baptist writes with verve and a good eye for the dramatic…”—Wall Street Journal

"Baptist has a knack for explaining complex financial matters in lucid prose.... The Half Has Never Been Told's underlying argument is persuasive."—New York Times Book Review

"The overwhelming power of the stories that Baptist recounts, and the plantation-level statistics he's compiled, give his book the power of truth and revelation."
Los Angeles Times

"It taught me so much about slavery and how slavery enabled America to become America. Every time I left my house after reading, I saw the world differently. I saw the legacy of human misery underpinning it all."—Jesmyn Ward, author of Sing, Unburied, Sing

"Baptist has a fleet, persuasive take on the materialist underpinnings of the 'peculiar institution.'"—Colson Whitehead, author of The Nickel Boys

"By far the finest account of the deep interplay of the
slave trade...and the development of the U.S. economy."—Stephen L. Carter

"You cannot understand the economy of the U.S. - or even of the world -without an understanding of how its development was driven by 19th century slavery. This book gives you that, in a stunningly readable, heartbreaking form. Genius."—Mark Bittman, author of Animal, Vegetable, Junk

“New books like ‘Empire of Cotton’ and ‘The Half Has Never Been Told: Slavery and the Making of American Capitalism’ by Edward Baptist offer gripping and more nuanced stories of economic history.”—Vikas Bajaj, New York Times

"Thoughtful, unsettling.... Baptist turns the long-accepted argument that slavery was economically inefficient on its head, and argues that it was an integral part of America's economic rise."—Daily Beast

“A stinging indictment of slavery.”—NPR Books

“This book provides historical reference for the ways in which the enslavement of people for profit continues to impact and influence today’s institutions. A must-read for everyone who has ever heard the statement, ‘But slavery is over! Why can’t they just get over it?’ or ‘Well, you know white people were slaves, too.’”
 —Alicia Garza, The Atlantic

“Digging into the large repository of oral histories from former slaves documented during the Great Depression, the book offers a moving account of suffering and resilience.”—NPR’S Code Switch

"Wonderful.... Baptist provides meticulous, extensive, and comprehensive evidence that capitalism and the wealth it created was absolutely dependent on the forced labor of Africans and African-Americans, downplaying culturalist arguments for Western prosperity."—Nation

"Baptist's real achievement is to ground these financial abstractions in the lives of ordinary people. In vivid passages, he describes the sights, smells and suffering of slavery. He writes about individual families torn apart by global markets. Above all, Baptist sets out to show how America's rise to power is inextricable from the suffering of black slaves."—Salon

“Quite a gripping read. Baptist weaves deftly between analysis of economic data and narrative prose to paint a picture of American slavery that is pretty different from what you may have learned in high school Social Studies class.”—Huffington Post

“A book unusual, even courageous, for its enormous ambition and admirable breadth…Baptist’s book is among the best single-volume studies of the relationship between the expansion of slavery and the political economy of the United States…The Half Has Never Been Told has offered the historical backdrop for the stirring declaration ‘black lives matter.’”—Times Literary Supplement

“While on one level this is a work of persuasive and painstaking economic analysis, The Half Has Never Been Told never loses sight of the people whose commodification ‘shaped every crucial aspect of the economy and politics of the new nation’.”—Race and Class (UK)

“A bold attempt to put slavery at the center of nineteenth-century capitalism.”—The Nation

"The Half Has Never Been Told is a true marvel. Groundbreaking, thoroughly researched, expansive, and provocative it will force scholars of slavery and its aftermath to reconsider long held assumptions about the 'peculiar institution's' relationship to American capitalism and contemporary issues of race and democracy. Engagingly written and bursting with fresh, powerful, and provocative insights, this book deserves to be widely read, discussed, and debated."—Peniel Joseph, Founding Director of the Center for the Study of Race and Democracy at Tufts University, and author of The Sword and the Shield

"This book, quite simply, offers the fullest and most powerful account we have of the evolution of slavery in the United States from the Revolution to the Civil War. Edward Baptist's account is eloquent, humane, passionate, and necessary."—Edward Ayers, President of Richmond University and author of the Bancroft Prize-winning In the Presence of Mine Enemies: Civil War in the Heart of America

"This book reveals a dirty secret about American business and how commerce first boomed before the Civil War. Baptist unearths a big, nasty story: in the North and the South, slavery was the tainted fuel that kindled the fires of U.S. capitalism and made the country grow."—Edward Ball, author of Slaves in the Family

"Edward Baptist's book belongs on the very short shelf of field-defining histories of slavery. It will be read and debated for a long time to come."—Thomas J. Sugrue, author of Sweet Land of Liberty: The Forgotten Struggle for Civil Rights in the North

“Baptist has written an important book that is also indicative of a current trend in historiography that takes a highly critical view of the development of modern capitalism. It is refreshing.”
 —Matthew H. Crocker, The Historian

“A prodigious work that stacks up a mountain of documentary evidence.”—American Interest

“Wonderful… Baptist provides meticulous, extensive and comprehensive evidence that capitalism and the wealth it created was absolutely dependent on the forced labor of Africans and African-Americans, downplaying culturalist arguments for Western prosperity.”

“In addition to smashing paradigms about antebellum slavery, the book features evocative explorations of how African Americans developed a common culture despite the individual and family devastation inflicted by ‘enslavers.’ In the final chapters, the author offers a useful interpretation of how sectional conflict emerged and intensified after 1840 despite a half-century of shared support for cotton slavery.  The book gained wide notice after a hail of mocking tweets forced The Economist to withdraw an anonymous review, but it should gain fame for its trailblazing substance and style.”—Choice

“Baptist makes us see an unpalatable truth: that slavery was a tough central strand of American history and that it was not antithetical to capitalism but rather symbiotic with it. Baptist’s fine book deserves to stand alongside Sven Beckert’s prize-winning Empire of Cotton: AGlobal History; both books indispensably illuminate slavery’s economic significance and its global reach.”
 —Virginia Magazine

“[A] vital and enthralling book.”—Socialist Worker

“A stunning indictment of African-American slavery, contextualizing the history of the “peculiar institution” within emerging 19th-century American capitalism…Baptist’s great contribution is in providing general readers with insights into slavery’s horrors and how it transformed the South into the dominant force in the global market and cotton into the most important raw material in the world economy.”—News & Observer

“Baptist’s exhaustively researched, elegantly written and provocatively argued book details the connection between the growth of the institution of human bondage and economic innovations from 1783-1861.”—Providence Journal

“An ambitious and thorough account of how American capitalism was not an innate gift, but rather a system of gradual development, aiming to penetrate all aspects of the American public life. In particular, this fine book anatomizes the relationship between slavery and the creation of American capitalism…Thanks to its comprehensive, chronological approach and its lucid prose, the book is a rich addition to the literature on the economics of slavery and American development. The Half Has Never Been Told is required reading. It is challenging, illuminating, refreshing, and creative…Baptist adds many new, essential elements to the story of capitalism in America. Arguably, his most important contribution is to show how the ‘dismal science’ of economics can be an engine of development and yet a reminder of great and terrible costs that it imposes in the overall story. Now the long unspoken half of the story has been told—and we can only hope that it is heard.”

“Baptist’s prose is simultaneously evocative, gripping…Baptist supports his argument with an array of data…that are informative without being obtrusive or intimidating…This is the book you want to give your friends and relatives who have seen 12 Years a Slave and want to learn more. Like the film, this book will likely horrify them. It is not an easy book to read, but it is a book that needs to be read. It is likely to find its place among rare works of scholarship on slavery that successfully reaches a mass audience and reshapes how a generation of readers thinks about one of America’s most defining institutions.”
 —Journal of North Carolina Association of Historians

“A piece of scholarship that will both redefine the study of the ‘peculiar institution’ and shed fresh light on the relationship between slavery and modernity…A fresh, insightful view of slavery as a dynamic and modern social formation. The Half Has Never Been Told will undoubtedly shape debates in the field for many years to come.”
 —Register of the Kentucky Historical Society

“[Baptist] presents a detailed case, showing how the American economy benefitted from profits gained by forced labor and financial instruments that enabled investors to profit from slavery.”—Seattle Times

“Edward Baptist has written one of the richest and most provocative accounts of American slavery I have ever read. He so powerfully captures the pain and tragedy of plantation slavery… The author brilliantly draws out the close relationship between plantation slavery in the newly opening territories and states of what was then called the Southwest (Kentucky, Ala­bama, Mississippi, Tennessee, and Texas) and the American capitalist explosion of the antebellum years... ‘Slavery permitted unchecked dominance and promised unlimited fulfillment of unrestrained desire,’ Baptist writes, and ‘one cannot understand it without studying both careful calculation and passionate craving.’ This book addresses both with an effectiveness achieved by few other authors.”—Christian Century

“A compelling case for recognising slavery as fundamental to the rise of the United States.”—Guardian Australia

“Baptist’s book fluidly interweaves economic analysis of the slave trade and the production that came from it—principally cotton—with heartbreaking stories of the lives and suffering of the people who were enslaved… The book enlightens the mind and pierces the heart. It should summon our collective will to finally redress the lingering injustices created by this most American institution.”—Labor Notes

“Edward E. Baptist’s The Half Has Never Been Told: Slavery and the Making of American Capitalism is an achievement of the first order… With Baptist’s meticulous research and comprehensive, chronological approach, the other half of the story has now been told, and told very well. The reader is readily engaged in this scholarly treatment of over 400 pages, thanks to Baptist’s narrative style and his skillful interweaving of personal stories from slave and enslaver memoirs and letters with complex political and economic context… Baptist’s depiction of the breakup of families, slave coffles in chains, and relentless field toil is heartbreakingly affective and never allows us to forget that it is ultimately impossible to make property of people… This book on ‘slavery’s second life in the United States’ is highly recommended to those who want to understand the evolution of our African-American heritage and its centrality to the nation’s political and economic history, not to mention the shameful blow to America’s stated ideals.”
 —Washington Independent Review of Books

“Edward E. Baptist’s brilliant book, The Half Has Never Been Told, soars because of the author’s decision to root his analysis in the human dimension. The book transcends anything that has previously been written about slavery...In short, Baptist has humanized the lives of American slaves, liberated them from one of the most inhumane systems mankind ever devised. The entire country needs to do the same.”—CounterPunch

The Half Has Never Been Told amounts to a powerful counternarrative of early American ‘progress.’ It should be valuable, both in and out of classrooms, as a template for remapping readers’ understanding of the young country’s economic development.”
 —The Junto

“A…myth-busting work that pursues how the world profited from American slavery…this is a complicated story involving staggering scholarship that adds greatly to our understanding of the history of the United States.”—Kirkus Reviews

“Baptist renders history and economics with the power of prose that seeks to tell a fuller story than has been told of American slavery…An insightful look at U.S. slavery and its controversial role in the much-celebrated story of American capitalism.”—Booklist

“Baptist has written a book that truly deepens and broadens our understanding of slavery… Professional historians and lay readers will pore over this book for years to come. Essential for all readers interested in American history and the history of slavery.”—Library Journal

“An unapologetic, damning, and grisly account of slavery’s foundational place in the emergence of America as a global superpower, balancing the macro lens of statistics and national trends with intimate slave narratives. Delivered in a voice that fluidly incorporates both academic objectivity and coarse language… Baptist’s chronicle exposes the taint of blood in virtually all of the wealth that Americans have inherited from their forebears, making it a rewarding read for anyone interested in U.S.A.’s dark history.”—Publishers Weekly

Product Details
ISBN: 9780465049660
ISBN-10: 0465049664
Publisher: Basic Books
Publication Date: October 25th, 2016
Pages: 560
Language: English