The "self-made" man is a familiar figure in nineteenth-century American history. But the relentless expansion of market relations that facilitated such stories of commercial success also ensured that individual bankruptcy would become a prominent feature in the nation's economic landscape. In this ambitious foray into the shifting character of American capitalism, Edward Balleisen explores the economic roots and social meanings of bankruptcy, assessing the impact of widespread insolvency on the evolution of American law, business culture, and commercial society. Balleisen makes innovative use of the rich and previously overlooked court records generated by the 1841 Federal Bankruptcy Act, building his arguments on the commercial biographies of hundreds of failed business owners. He crafts a nuanced account of how responses to bankruptcy shaped two opposing elements of capitalist society in mid-nineteenth-century America--an entrepreneurial ethos grounded in risk taking and the ceaseless search for new markets, new products, and new ways of organizing economic activity, and an urban, middle-class sensibility increasingly averse to the dangers associated with independent proprietorship and increasingly predicated on salaried, white-collar employment.

What did Protestants in America think about capitalism when capitalism was first something to be thought about? The Bible told antebellum Christians that they could not serve both God and mammon, but in the midst of the market revolution most of them simultaneously held on to their faith while working furiously to make a place for themselves in ...

Offers a series of fresh perspectives on America's encounter with Catholicism in the nineteenth-century. While religious and immigration historians have construed this history in univocal terms, Jon Gjerde bridges sectarian divides by presenting Protestants and Catholics in conversation with each other. In so doing, Gjerde reveals the ways in which America's encounter with Catholicism was much more than a story about American nativism. Nineteenth-century religious debates raised questions about the fundamental underpinnings of the American state and society: the shape of the antebellum market economy, gender roles in the American family, and the place of slavery were only a few of the issues engaged by Protestants and Catholics in a lively and enduring dialectic. While the question of the place of Catholics in America was left unresolved, the very debates surrounding this question generated multiple conceptions of American pluralism and American national identity.