No, the average Southerner was fairly poor. The rich oligarchy was rich, but that is a tautology; the same situation applies in contemporary Gabon or Equatorial Guinea, two countries that are very clearly not wealthy as fuck.
"The South tried to replicate slavery with Jim Crow because the free and cheap labor was immensely profitable."
If it was immensely profitable, could you name me some big corporations that were built on the top of it? You can't. The South was the sick man of American economy. All the innovative businesses of the Gilded Age were built on free labor.
John D. Rockefeller, Jay Gould, Henry Clay Frick, Andrew Mellon, Andrew Carnegie, Henry Flagler, Henry Huttleston Rogers, J. P. Morgan, Leland Stanford, Meyer Guggenheim, Jacob Schiff, Charles Crocker, Cornelius Vanderbilt - show me a Southerner among them. The furthest one was born in Pennsylvania.
lol didn't expect anybody to respond to this argumentatively since it's fact but then again we're on hacker news. i'm not meaning to flex, but i have a degree in southern history. not even gonna bother to argue after reading this:
> If it was immensely profitable, could you name me some big corporations that were built on the top of it? You can't.
No, the average Southerner was fairly poor. The rich oligarchy was rich, but that is a tautology; the same situation applies in contemporary Gabon or Equatorial Guinea, two countries that are very clearly not wealthy as fuck.
"The South tried to replicate slavery with Jim Crow because the free and cheap labor was immensely profitable."
If it was immensely profitable, could you name me some big corporations that were built on the top of it? You can't. The South was the sick man of American economy. All the innovative businesses of the Gilded Age were built on free labor.
John D. Rockefeller, Jay Gould, Henry Clay Frick, Andrew Mellon, Andrew Carnegie, Henry Flagler, Henry Huttleston Rogers, J. P. Morgan, Leland Stanford, Meyer Guggenheim, Jacob Schiff, Charles Crocker, Cornelius Vanderbilt - show me a Southerner among them. The furthest one was born in Pennsylvania.