Book Review: Los Capitalistas

Book Review: Los Capitalistas
UNM Press, 1997, ISBN: 0-8263-2235-2


What picture comes to your mind when you hear the words “Santa Fe Trail”? American merchants with wagons full of merchandise heading west and returning with money in their pockets, right? Well, there’s more to that story, and Susan Calafate Boyle’s book Los Capitalistas helps to provide that additional information.

So they did. By 1840, Hispanos were major participants in the trade along the Santa Fe Trail, with extensive trade and financing relationships as far east as New York, London, and Paris. Los Capitalistas explains those relationships and the types of merchandise New Mexican merchants conveyed back and forth and, in the process, expands our understanding of New Mexico. 

The ricos of New Mexico saw pretty early on that hauling merchandising over the Trail could work both ways. After all, they were already taking wool, woven goods, and other items to Chihuahua, Sonora, and other points south. Extending their freighting operations east was the next logical step.

Los Capitalistas is written in a clear, matter-of-face style that conveys a great deal of information and provides a glimpse of New Mexico that most of us haven’t seen before, and is an important book for understanding the history of the Southwest as well as an enjoyable read. I recommend it!