Elektronaut
People Born Between 358-336 BC Could Be Eligible
- Location
- The Legendarium of Gentleman Julius
- Pronouns
- He/Him
The Confederate States of America: History’s high thread-count Venezuela?
I think there’s also something to be said for the lack of Northern capital in stymying postwar expansion of the cotton industry presuming there’s at least some sort of stigma against being seen to help the Rebs get up on their own two feet - yes, funds will still flow south if the returns make sense, but the taps wouldn’t be wide open.
That and a lot of other factors. Most obviously the permanent enmity between the South and the Union would make southern cotton a dicey prospect for import, with precisely the kind of sharp cut-off which was produced by the Union blockade OTL (Blockade runners notwithstanding) being a real and permanent prospect. Developing permanent alternate sources would make more economical sense, and that's before the political stigma of a slaver government is factored in.
Fogel was utterly off his rocker btw if he seriously thought that a Confederacy which was going full-on imperialist in the Carribean and Central America and funding reactionary political causes in Europe would just see its cotton bought in full quite happily by said Europe. 'You are an expansionist slaver imperialism and you are trying to bring your politics over here. Why yes, of course we will happily underwrite your financial interference in our politics!'
Oh and yes, there was a significant level of state inteference in the economy and domestic affairs generally by Richmond OTL, up to and including the likes of nationalising certain sectors of the economy. But this was only seen as a wartime desperation measure and went absolutely against Southern ideology and in most cases the law and the Confederate constitution. Similalrly there was a lot of state terrorism against its citizenry, both black and white, rebel and unionist, and that had a similar legal status. So post-war you would either see a continuance of that and the creation of a totalitarian dictatorship whose raison d'etre would be the survival of the country, (not an unknown outcome in banana republics) or a significant reaction against that by whites and a return to the extremely limited, effectively hamstrung central government (apart from its mandating of slavery of course) that Southern ideology aspired to. Either would of course have had massive problems attached to them.
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