The keynote of the Black Belt is debt; not commercial credit, but debt in the sense of continued inability on the part of the mass of the population to make income cover expense.
W.E.B. Du Bois: “The keynote of the Black Belt is debt; not commercial credit, but debt in the sense of continued inability on the part…”
Editor's note · Context
In his analysis of the post-Reconstruction South, Du Bois identifies chronic debt as the defining economic characteristic of the Black Belt.
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