The Economic Consequences of the Atlantic Slave Trade

Nonfiction, History, Americas, Central America, Caribbean & West Indies, Social & Cultural Studies, Social Science, Discrimination & Race Relations
Cover of the book The Economic Consequences of the Atlantic Slave Trade by Barbara L. Solow, Lexington Books
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Author: Barbara L. Solow ISBN: 9780739192474
Publisher: Lexington Books Publication: May 27, 2014
Imprint: Lexington Books Language: English
Author: Barbara L. Solow
ISBN: 9780739192474
Publisher: Lexington Books
Publication: May 27, 2014
Imprint: Lexington Books
Language: English

The Economic Consequences of the Atlantic Slave Trade shows how the West Indian slave/sugar/plantation complex, organized on capitalist principles of private property and profit-seeking, joined the western hemisphere to the international trading system encompassing Europe, Africa, North America, and the Caribbean, and was an important determinant of the timing and pattern of the Industrial Revolution in England. The new industrial economy was no longer dependent on slavery for development, but rested instead on investment and innovation. Solow argues that abolition of the slave trade and emancipation should be understood in this context.

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The Economic Consequences of the Atlantic Slave Trade shows how the West Indian slave/sugar/plantation complex, organized on capitalist principles of private property and profit-seeking, joined the western hemisphere to the international trading system encompassing Europe, Africa, North America, and the Caribbean, and was an important determinant of the timing and pattern of the Industrial Revolution in England. The new industrial economy was no longer dependent on slavery for development, but rested instead on investment and innovation. Solow argues that abolition of the slave trade and emancipation should be understood in this context.

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