The History of Black Business in America: Capitalism, Race, Entreprenuership / Edition 1

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Drawing on hundreds of primary and secondary sources, Walker has compiled the first and only comprehensive survey of Black business development to date. Chapter by chapter, Walker discusses the remarkable continuity and diversity of black business. Some of the featured enterprises include commercial real estate speculation, rural and urban land development, and construction. African-American involvement in finance and investment activities, corporate and municipal bonds, international trade, and hair care product manufacturing is also examined. Most importantly, this study puts a face on the individuals involved. Walker moves beyond vague depersonalized accounts of groups of nameless blacks, and tells the triumphant and moving stories of people like Madame C. J. Walker, the first female African-American millionaire, and Frederick Douglas Patterson, the first African-American automaker. The History of Black Business in America will prove an invaluable resource for both teachers and students of American history, business and African-American studies and is an essential addition to any library with holdings in these areas.
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Editorial Reviews

Beginning with the commercial trading networks that existed in Africa before and during the slave trading days, the author offers a survey of the tradition of black entrepreneurship brought by slaves to the American continent and continued to this day. From slaves who accumulated capital to buy freedom for themselves and their relatives to African-American auto-makers, this study proceeds on the premise that the post-Civil Rights era of black business activity marks the continuation, rather than the beginning, of a historic tradition of business that had its origin in precolonial West and West Central Africa. The author explores why many black businesses remain small and service-oriented, and argues that for the 21st century the major issue for black business is how to overcome racism and learn how to produce for and develop both national and international markets. Annotation c. by Book News, Inc., Portland, Or.
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Product Details

  • ISBN-13: 9780805716504
  • Publisher: Gale Group
  • Publication date: 6/1/1998
  • Series: Twayne's Evolution of Modern Business Series
  • Edition description: Older Edition
  • Edition number: 1
  • Pages: 512
  • Age range: 4 - 8 Years
  • Product dimensions: 6.90 (w) x 10.10 (h) x 1.30 (d)

Table of Contents

List of Tables
1 African Diaspora Commercial Survivalisms in Colonial American Plantation Communities 1
2 Free Black Business Activity in Colonial America 32
3 Business Activities of African-American Slaves, 1790-1865 52
4 "They Are Capitalists": Antebellum Free Black Business Activities 83
5 Antebellum Free Black Women Enterprises 127
6 Black Business from 1865 to 1900 150
7 The Golden Age of Black Business, 1900-1930 182
8 From the Depression to Civil Rights in Black Business 225
9 The Federal Government and Black Business: The 1960s to the 1990s 264
10 The Rise of Black Corporate America, 1945-1995 295
11 Blacks and White Corporate America, 1965-1995 332
Notes 373
Index 461
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