pynchon-l-digest V2 #2833

[Terrance]

Three Times One Minus One wrote:

> However, whether the south was capitalist or not is an entirely different question. >It depends on whether your criteria for a capitalist economy includes only the type of
> labor being used--in which case the south isn't capitalist--before or after
> the civil war, due to the prevalence of sharecropping, a feudal system of
> labor--or whether you point to the rather obvious fact that the southern
> elite were using other people's labor to accumulate capital--in which case
> the south most certainly is capitalist.

What feudal system of labor? Can you tell me what you mean by a feudal
system of labor in the USA south.