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After having introduced accounting concepts and laid out their applications in Jamaica, I continue my close reading of Accounting for Slavery: Masters and Management by Caitlin Rosenthal. I discuss the nature of 'book farming', the nature and origin of value, and discuss the ubiquity of King Cotton in the US and world economy. I cover the fungibility of labor, perverse concepts of depreciation, and get into the postbellum developments in the wake of the abolition of slavery. Finally, I discuss Rosenthal's background and the nature of McKinsey Consulting.

episode art by Robert Voyvodich @r.voy__

Links:

https://programmed-to-chill.myshopify.com/

Songs:

My Queen is Harriet Tubman by Sons of Kemet

It's A Sin To Be Rich, It's A Low-Down Shame To Be Poor by Lightnin' Hopkins

Lord, Have Mercy On Me by Junior Kimbrough