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Inputs and Institutions as Conservative Elements

Art Carden

Brock School of Business, Samford University

March 16, 2007

This essay examines economic stagnation by extending the argument that capital goods and "conservative elements" to the analysis of social capital and institutions in the post-Reconstruction South. It is argued that the structure of social capital that developed in the South was inappropriate to the formal institutions that emerged as a result of the Civil War and Reconstruction. The tensions between institutions and social capital are examined in the context of racist lynching.

Number of Pages in PDF File: 48

Keywords: institutions, US South, racism, lynching

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Date posted: April 26, 2007  

Suggested Citation

Carden, Art, Inputs and Institutions as Conservative Elements (March 16, 2007). Available at SSRN: http://ssrn.com/abstract=982375 or http://dx.doi.org/10.2139/ssrn.982375

Contact Information

Art Carden (Contact Author)
Brock School of Business, Samford University ( email )
800 Lakeshore Drive
Birmingham, AL 35229
United States
HOME PAGE: http://www.artcarden.com
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