This article analyzes a flour riot in New York City in 1837 as a conflict over capitalist food systems waged in a nascent center of finance during a period of rapid economic and territorial expansion. In the wake of the riot, the burgeoning “penny press” geared toward working people pitched a battle with newspapers catering to the mercantile elite over the meaning of the violence. The conflicting sympathies of the newspapers provide an opportunity to assess the vulnerabilities of a food system characterized by new economies of scale and a speculative commodities trade unmoored from the physical realities of production. The debates pitted expectations that “the necessaries of life” be secured at a fair price against a prevailing faith that markets operate according to natural laws of supply and demand.
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Aaron Carico Dara Orenstein
Other| January 01 2014
The Price of Bread: The New York City Flour Riot and the Paradox of Capitalist Food Systems
Radical History Review (2014) 2014 (118): 15–41.
Courtney Fullilove; The Price of Bread: The New York City Flour Riot and the Paradox of Capitalist Food Systems. Radical History Review 1 January 2014; 2014 (118): 15–41. doi: https://doi.org/10.1215/01636545-2349086
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