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Banking on Freedom: Black Women in U.S. Finance Before the New Deal
History > African American & Black
- Columbia University Press
- Paperback
- 9780231183918
- 9 X 5.9 X 0.8 inches
- 0.9 pounds
- History > African American & Black
- (Single Author) Asian American
- English
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Book Description
Banking on Freedom offers an unparalleled account of how black women carved out economic, social, and political power in contexts shaped by sexism, white supremacy, and capitalist exploitation. Garrett-Scott chronicles both the bank's success and the challenges this success wrought, including extralegal violence and aggressive oversight from state actors who saw black economic autonomy as a threat to both democratic capitalism and the social order. The teller cage and boardroom became sites of activism and resistance as the leadership of president Maggie Lena Walker and other women board members kept the bank grounded in meeting the needs of working-class black women. The first book to center black women's engagement with the elite sectors of banking, finance, and insurance, Banking on Freedom reveals the ways gender, race, and class shaped the meanings of wealth and risk in U.S. capitalism and society.
Author Bio
Shennette Garrett-Scott is a historian of gender, race, and capitalism. Her award-winning first book Banking on Freedom: Black Women in U.S. Finance Before the New Deal (Columbia University Press, 2019) is the first full-length history of finance capitalism that centers black women and the banking institutions and networks they built from the eve of the Civil War to the Great Depression.
Education
Ph.D, University of Texas at Austin
Source: The University of Mississippi
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