CAPITALISM AND SLAVERY

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Capitalism And Slavery

Author : Eric Williams
ISBN : 9781329560086
Genre : History
File Size : 32.6 MB
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The present study is an attempt to place in historical perspective the relationship between early capitalism as exemplified by Great Britain, and the Negro slave trade, Negro slavery and the general colonial trade of the seventeenth and eighteenth centuries. It is strictly an economic study of the role of Negro slavery and the slave trade in providing the capital which financed the Industrial Revolution in England and of mature industrial capitalism in destroying the slave system.
Category: History

Capitalism And Slavery

Author : Eric Williams
ISBN : 9781469619491
Genre : History
File Size : 53.9 MB
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Slavery helped finance the Industrial Revolution in England. Plantation owners, shipbuilders, and merchants connected with the slave trade accumulated vast fortunes that established banks and heavy industry in Europe and expanded the reach of capitalism worldwide. Eric Williams advanced these powerful ideas in Capitalism and Slavery, published in 1944. Years ahead of its time, his profound critique became the foundation for studies of imperialism and economic development. Binding an economic view of history with strong moral argument, Williams's study of the role of slavery in financing the Industrial Revolution refuted traditional ideas of economic and moral progress and firmly established the centrality of the African slave trade in European economic development. He also showed that mature industrial capitalism in turn helped destroy the slave system. Establishing the exploitation of commercial capitalism and its link to racial attitudes, Williams employed a historicist vision that set the tone for future studies. In a new introduction, Colin Palmer assesses the lasting impact of Williams's groundbreaking work and analyzes the heated scholarly debates it generated when it first appeared.
Category: History

Capitalism Slavery

Author : Eric Eustace Williams
ISBN : UCSC:32106008966951
Genre : Great Britain
File Size : 38.91 MB
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Category: Great Britain

The Half Has Never Been Told

Author : Edward E. Baptist
ISBN : 9780465097685
Genre : History
File Size : 88.70 MB
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Americans tend to cast slavery as a pre-modern institution—the nation's original sin, perhaps, but isolated in time and divorced from America's later success. But to do so robs the millions who suffered in bondage of their full legacy. As historian Edward Baptist reveals in The Half Has Never Been Told, the expansion of slavery in the first eight decades after American independence drove the evolution and modernization of the United States. In the span of a single lifetime, the South grew from a narrow coastal strip of worn-out tobacco plantations to a continental cotton empire, and the United States grew into a modern, industrial, and capitalist economy. Until the Civil War, Baptist explains, the most important American economic innovations were ways to make slavery ever more profitable. Through forced migration and torture, slave owners extracted continual increases in efficiency from enslaved African Americans. Thus the United States seized control of the world market for cotton, the key raw material of the Industrial Revolution, and became a wealthy nation with global influence. Told through intimate slave narratives, plantation records, newspapers, and the words of politicians, entrepreneurs, and escaped slaves, The Half Has Never Been Told offers a radical new interpretation of American history. It forces readers to reckon with the violence at the root of American supremacy, but also with the survival and resistance that brought about slavery's end—and created a culture that sustains America's deepest dreams of freedom.
Category: History

Slavery S Capitalism

Author : Sven Beckert
ISBN : 9780812293098
Genre : History
File Size : 39.6 MB
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During the nineteenth century, the United States entered the ranks of the world's most advanced and dynamic economies. At the same time, the nation sustained an expansive and brutal system of human bondage. This was no mere coincidence. Slavery's Capitalism argues for slavery's centrality to the emergence of American capitalism in the decades between the Revolution and the Civil War. According to editors Sven Beckert and Seth Rockman, the issue is not whether slavery itself was or was not capitalist but, rather, the impossibility of understanding the nation's spectacular pattern of economic development without situating slavery front and center. American capitalism—renowned for its celebration of market competition, private property, and the self-made man—has its origins in an American slavery predicated on the abhorrent notion that human beings could be legally owned and compelled to work under force of violence. Drawing on the expertise of sixteen scholars who are at the forefront of rewriting the history of American economic development, Slavery's Capitalism identifies slavery as the primary force driving key innovations in entrepreneurship, finance, accounting, management, and political economy that are too often attributed to the so-called free market. Approaching the study of slavery as the originating catalyst for the Industrial Revolution and modern capitalism casts new light on American credit markets, practices of offshore investment, and understandings of human capital. Rather than seeing slavery as outside the institutional structures of capitalism, the essayists recover slavery's importance to the American economic past and prompt enduring questions about the relationship of market freedom to human freedom. Contributors: Edward E. Baptist, Sven Beckert, Daina Ramey Berry, Kathryn Boodry, Alfred L. Brophy, Stephen Chambers, Eric Kimball, John Majewski, Bonnie Martin, Seth Rockman, Daniel B. Rood, Caitlin Rosenthal, Joshua D. Rothman, Calvin Schermerhorn, Andrew Shankman, Craig Steven Wilder.
Category: History

Capitalism And Slavery Fifty Years Later

Author : Heather Cateau
ISBN : 0820441716
Genre : Business & Economics
File Size : 43.55 MB
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Annotation Eleven papers from a conference, held at the U. of the West Indies in September 1996, which was dedicated to reexamining the issues raised by historian Williams' work on Caribbean slavery and British capitalism. Among the topics explored are the institutions that shaped Williams' views, the political impact of his work, the role of within the changing narrative of the Industrial Revolution, and the economic basis of Britain's abolition of the slave trade in the early 19th century. Annotation c. Book News, Inc., Portland, OR (booknews.com).
Category: Business & Economics

Flush Times And Fever Dreams

Author : Joshua D. Rothman
ISBN : 9780820333267
Genre : History
File Size : 39.95 MB
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In 1834 Virgil Stewart rode from western Tennessee to a territory known as the "Arkansas morass" in pursuit of John Murrell, a thief accused of stealing two slaves. Stewart's adventure led to a sensational trial and a wildly popular published account that would ultimately help trigger widespread violence during the summer of 1835, when five men accused of being professional gamblers were hanged in Vicksburg, nearly a score of others implicated with a gang of supposed slave thieves were executed in plantation districts, and even those who tried to stop the bloodshed found themselves targeted as dangerous and subversive. Using Stewart's story as his point of entry, Joshua D. Rothman details why these events, which engulfed much of central and western Mississippi, came to pass. He also explains how the events revealed the fears, insecurities, and anxieties underpinning the cotton boom that made Mississippi the most seductive and exciting frontier in the Age of Jackson. As investors, settlers, slaves, brigands, and fortune-hunters converged in what was then America's Southwest, they created a tumultuous landscape that promised boundless opportunity and spectacular wealth. Predicated on ruthless competition, unsustainable debt, brutal exploitation, and speculative financial practices that looked a lot like gambling, this landscape also produced such profound disillusionment and conflict that it contained the seeds of its own potential destruction. Rothman sheds light on the intertwining of slavery and capitalism in the period leading up to the Panic of 1837, highlighting the deeply American impulses underpinning the evolution of the slave South and the dizzying yet unstable frenzy wrought by economic flush times. It is a story with lessons for our own day. Published in association with the Library Company of Philadelphia's Program in African American History. A Sarah Mills Hodge Fund Publication.
Category: History

British Capitalism And Caribbean Slavery

Author : Barbara Lewis Solow
ISBN : 0521533201
Genre : History
File Size : 80.34 MB
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Modern scholarship on the relationship between British capitalism and Caribbean slavery has been profoundly influenced by Eric Williams's 1944 classic, Capitalism and Slavery. The present volume represents the proceedings of a conference on Caribbean Slavery and British Capitalism convened in his honour in 1984, and includes essays on Dr Williams's scholarly work and influence. These essays, by thirteen scholars from the United States, England, Africa, Canada and the Caribbean, explore the relationship between Great Britain and her plantation slave colonies in the Caribbean.
Category: History

The Business Of Slavery And The Rise Of American Capitalism 1815 1860

Author : Jack Lawrence Schermerhorn
ISBN : 9780300192001
Genre : Business & Economics
File Size : 47.59 MB
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Calvin Schermerhorn's provocative study views the development of modern American capitalism through the window of the nineteenth-century interstate slave trade. This eye-opening history follows money and ships as well as enslaved human beings to demonstrate how slavery was a national business supported by far-flung monetary and credit systems reaching across the Atlantic Ocean. The author details the anatomy of slave supply chains and the chains of credit and commodities that intersected with them in virtually every corner of the pre–Civil War United States, and explores how an institution that destroyed lives and families contributed greatly to the growth of the expanding republic's capitalist economy.
Category: Business & Economics

British Capitalism And British Slavery

Author : Eric Williams
ISBN : 1937306046
Genre : History
File Size : 33.9 MB
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Almost seventy years ago, historian and then Trinidadian Prime Minister Eric Williams published his classic Capitalism and Slavery (re-titled for this edition, "British Capitalism and British Slavery"). In the introduction to "British Capitalism and British Slavery," a title which more aptly captures Williams's work, historian Seymour Drescher notes, "If one criterion of a classic is its ability to reorient our most basic way of viewing an object or a concept, Eric Williams's study supremely passes that test.... The achievement of Capitalism and Slavery is that Williams made it impossible for historians ever to return to the posture of splendid moral isolation which characterized the story of British slave emancipation for more than a century. Williams's foremost aim was to insist as never before on the banality of the history of slavery.... Williams's most enduring message was that abolition could not have triumphed independently of economic developments linked to industrialization. This simple hypothesis has already proven to be more fruitful than those offered by historians in the century before him." Readers interested in global capitalism, transatlantic slaving, industrialization, emancipation, and Africa and the (British) Caribbean will find necessary context in the new introduction and much to digest in the classic text itself.
Category: History