Capitalism And Freedom

This book investigates ‘capitalism and freedom’—the guiding forces of many political systems—in African philosophy. It builds on classical and neoliberal capitalism rooted in private property and freedom, and argues for the presence of these elements in the traditional and modern African political systems.

Between 1888 and 1930, African Americans opened more than a hundred banks and thousands of other financial institutions. In Banking on Freedom, Shennette Garrett-Scott explores this rich period of black financial innovation and its transformative impact on U.S. capitalism through the story of the St. Luke Bank in Richmond, Virginia: the first and only bank run by black women.