Original Air Date: 06/21/2021
Dimitri and Khalid explore Gustavus Myers’ seminal 1910 work “History of the Great American Fortunes” and the political economy of the early American colonies, the Dutch patroon system, the symbiotic development of chattel slavery and WASP supremacy, legalized piracy, New England privateers turned shipping magnates, the betrayal of the Revolution and debasement of the workers, Silk Toppers criminalizing vagrancy and pauperism, John Jacob Astor’s American Fur Company cheating and swindling its way to the top, the importance of elite intermarriage, and the inextricability of Northern merchant and Southern slaveowner wealth.
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