Rosenthal argues that “by the end of the 18th century, practices on many plantations were becoming highly standardised”. The book looks in detail at plantation records and accounts from the Caribbean to the south of the US. But Rosenthal says accounting was also key. Harvard Business Review 56.Extreme violence helped a tiny minority maintain power. 9780674241657 Accounting for Slavery 56.4000 NZD InStock /shop/books /shop/books/non-fiction /shop/books/non-fiction/history /shop/books/non-fiction/history/general A Five Books Best Economics Book of the Year and West Indian plantations She found that their owners employed advanced accounting and management tools, including depreciation and standardized efficiency metrics."
"Rosenthal pored over hundreds of account books from U.S. Techniques that are still used by businesses today." A morally reprehensible-and very profitable business Rosenthal argues that slaveholders were using advanced management and accounting techniques long before their northern counterparts.
"Slavery in the United States was a business. The result is a groundbreaking investigation of business practices in Southern and West Indian plantations and an essential contribution to our understanding of slavery's relationship with capitalism. Challenging the traditional depiction of slavery as a barrier to innovation, Accounting for Slavery shows how elite planters turned their power over enslaved people into a productivity advantage. They took meticulous notes, carefully recording daily profits and productivity, and subjected their slaves to experiments and incentive strategies comprised of rewards and brutal punishment.
But after scouring through old accounting books, Caitlin Rosenthal discovered that Southern planter-capitalists practiced an early form of scientific management. The story of modern management generally looks to the factories of England and New England for its genesis.
A Five Books Best Economics Book of the Year But after scouring through old accounting bo. "The evolution of modern management is usually associated with good old-fashioned intelligence and ingenuity But capitalism is not just about the free market it was also built on the backs of slaves."
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