This book traces the historic relationships between cotton production, the international cotton trade and poverty south of the Sahara, and assesses various approaches to corporate social responsibility and nongovernmental policy advocacy in this area.

The Cotton Kings relates a colorful economic drama with striking parallels to contemporary American economic debates. At the turn of the twentieth century, dishonest cotton brokers used bad information to lower prices on the futures market, impoverishing millions of farmers. To fight this corruption, a small group of brokers sought to control the price of cotton on unregulated exchanges in New York and New Orleans. They triumphed, cornering the world market in cotton and raising its price for years. However, the structural problems of self-regulation by market participants continued to threaten the cotton trade until eventually political pressure inspired federal regulation. In the form of the Cotton Futures Act of 1914, the federal government stamped out corruption on the exchanges, helping millions of farmers and textile manufacturers. Combining a gripping narrative with the controversial argument that markets work better when placed under federal regulation, The Cotton Kings brings to light a rarely told story that speaks directly to contemporary conflicts between free markets and regulation.

The renowned leader in higher education provides “a testament to the power of aspiration, character and education to overcome poverty and adversity” (Michael L. Lomax, President & CEO, United Negro College Fund). Charlie Nelms had audaciously big dreams. Growing up black in the Deep South in the 1950s and 1960s, working in cotton fields, and living in poverty, Nelms dared to dream that he could do more with his life than work for white plantation owners sun-up to sun-down. Inspired by his parents, who first dared to dream that they could own their own land and have the right to vote, Nelms chose education as his weapon of choice for fighting racism and inequality. With hard work, determination, and the critical assistance of mentors who counseled him along the way, he found his way from the cotton fields of Arkansas to university leadership roles. Becoming the youngest and the first African American chancellor of a predominately white institution in Indiana, he faced tectonic changes in higher education during those ensuing decades of globalization, growing economic disparity, and political divisiveness. From Cotton Fields to University Leadership is an uplifting story about the power of education, the impact of community and mentorship, and the importance of dreaming big. “In his memoir, the realities of his life take on the qualities of a good docudrama, providing the back story to the development of a remarkable educational leader. His is ‘the examined life,’ filled with honesty, humor, and humility. While this is uniquely Charlie’s story, it is a story that will lift the hearts of many and inspire future generations of leaders.” —Betty J. Overton, Director, National Forum on Higher Education for the Public Good