Capitalism and Slavery

ISBN-10: 0807844888
ISBN-13: 9780807844885
Edition: 1994 (Reprint)
List price: $32.50 Buy it from $19.61
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Description: 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  More...

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Book details

List price: $32.50
Copyright year: 1994
Publisher: University of North Carolina Press
Publication date: 10/14/1994
Binding: Paperback
Pages: 307
Size: 5.50" wide x 8.50" long x 1.00" tall
Weight: 1.056
Language: English

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 inCapitalism 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.

Colin A. Palmer is Dodge Professor of History at Princeton University.

Preface
Introduction
The Origin of Negro Slavery
The Development of the Negro Slave Trade
British Commerce and the Triangular Trade
The West India Interest
British Industry and the Triangular Trade
The American Revolution
The Development of British Capitalism, 1783-1833
The New Industrial Order
British Capitalism and the West Indies
"The Commercial Part of the Nation" and Slavery
The "Saints" and Slavery
The Slaves and Slavery
Conclusion
Notes
Bibliography
Index

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