How Did The Empire Of Cotton Lead To The Rise Of Capitalism

During the post Civil War period many capitalists took over and ramped up industry. There were also individuals who took industries and monopolized them. Many historians who look back at these capitalists who shaped the post Civil War industry argue about whether they should be viewed as captains of industry who developed large industry, or as robber barons who used industry and monopolies to achieve wealth and take advantage of the working class. This essay will show why they were captains of industry.

During the time of the Civil War, there were slaves working on farmers, these slaves were not compensated for their labor and services and were producing cotton for a little to nothing cost. Since the Civil War, America has produced an immense amount of cotton and would export it to different parts of the world. America has also had enough workers to meet the exact supply and demand, which follows the demand policy. Correspondingly, the manifest destiny caused for cotton growers further west. Due to the cotton growers going further out west, cotton became easier to grow and easier to protect. These technological advancements simplified the process by which people were able to grow cotton and export it to China for the workers to create these shirts. There are now many subsidiary industries to cotton; industries are always producing new clothes every day. Due to this

The introduction of many new crops like corn, tomatoes and potatoes to Europe from the Americas previously had all but eliminated wide-spread famine in the region. These new food sources had also made Europeans healthier resulting in generally increased lifespans and more offspring generating a significant population increase in the region, thus creating more demand for the products and goods consumed by every growing society. The increased population also provided for an abundant labor pool of workers to man the factories which were to become the engines of the emerging industrial society of the west. Favorable environmental factors were important too. The availability of an abundance of ports and waterways and large coal and iron deposits fueled the early surge of the industrial revolution in the west.

An American writer, Susan Sontag, stated that capitalism is, “the ideology [which] makes us all into connoisseurs of liberty—of the indefinite expansion of possibility”. From 1850 to 1907, there was a mass immigration to America and the rise of ‘Gilded Age’ which the United States population and economy grew quickly. Capitalism is a social and economic system where both the means of production and any associate trades are privately owned. During 1850 to 1907, there were a number of factors which contributed to the rise of Capitalism such as: significant entrepreneurial figures such as Henry Ford; mass immigration and cheap labour; and Railway and telegraph lines expansion to transport goods to be sold.

The industrial revolution was a time of great change in Europe. Many of those changes were brought about by mechanical inventions that greatly increased efficiency by which raw materials were processed. "While working in the sciences and tinkering with mechanics, a few people were able to come up with new ways of doing things. New machines were invented" (MacroHistory and World Report) Three significant machines that were invented during this time period that greatly increased the cotton industry were the cotton gin, the spinning jenny, and the power loom. Since cotton was one of the major cash crops exported by the colonies to England, it is important to understand these inventions in order to grasp the changes brought about by this trio of machines on the cotton industry.

but it became profitable in Europe as well (“Statement of Stock of Cotton in Great Britain,”

In 1794, U.S. inventor Eli Whitney patented a machine that transformed the production of cotton by significantly speeding up the process of removing seeds from cotton fiber called the cotton gin. By the middle of the 19th century cotton had become America’s leading export. This gave Sothern’s the rationalization to maintain and expand slavery despite large number of abolitionists in America. While the cotton gin made cotton processing easier, it facilitated planters in earning greater profits, resulting in larger cotton crops. This in turn increased slavery because it was the cheapest form of labor. As for the North, particularly New England, the cotton gin and cotton’s increase meant a steady supply of raw materials for its textile mills.

The Market Revolution all started with the cotton gin, which was an important part of the revolution beginning in 1815 of Eli Whitney. During the seventeenth century, Americans were in need of cotton even though they had the ability to build textile factories. The planters grew cotton, but it had wasted efforts of labors. It took a day of a slave of just separating one-pound cotton. The cotton gin changed all of this. It revolutionized agriculture making a cotton economy by speeding up the process of removing cottonseeds from fibers, which allowed a labor to make fifty pounds of cotton per day and farmers could plant cotton. By the middle of the nineteenth century, cotton had become a major export crop in America and opening cotton production into new areas. The effects of the cotton gin contributed greatly to industrialization included the import of slaves,

In such a unique nation where the average person is family oriented and running a family owned farm and/or business their was bound to be room for change. In 1793 Samuel Slater, a born European created the first cotton spinning factory in Pawtuckett. This is said to be one of the many things that sparked Industrial Development in America. This project alone sparked the need for more cotton to be produced at a faster rate which brought upon the creation of the cotton gin. New growth in any field brings more than what meets the eye. The cotton gin producing more cotton made it neccassary for a new form aof transport to be developed. Shortly after the country started to adapt textile mills started to pop up

After the invention of the cotton gin was invented, American cotton moved in ever-greater quantities to the factories of Europe. The cotton industry was among the world’s largest industries at midcentury, drawing on the labor of 20 million workers.

Due to this, the economy of America at this period of time was centred around cotton and as Clement Eaton stated, 'After the invention of the cotton gin in 1793, the tempo of life in the South quickened.' The industry was able to achieve large profits through the use of slaves-the cheapest labour of all-and eventually 'Three-fourths of the world's supply of cotton came from the southern states.'

With the economic system, the south had a very hard time producing their main source “cotton and tobacco”. “Cotton became commercially significant in the 1790’s after the invention of a new cotton gin by Eli Whitney. (PG 314)” Let

After the invention of the cotton gin, the yield of raw cotton doubled each decade after 1800. Demand was fueled by other inventions of the Industrial Revolution, such as the machines to spin and weave it and the steamboat to transport it. By mid-century America was growing three-quarters of the world's supply of cotton, most

     After the invention of the cotton gin, the production of unprocessed cotton doubled each decade after 1800. Other inventions of the Industrial Revolution were the machines to spin and weave cotton and the steamboat to transport it. America was growing three quarters of the world's supply of cotton in the mid-century. Most of it was shipped to England or New England where it was made into cloth. During this time, tobacco’s value decreased, rice exports stayed at the same price, and sugar began to flourish, but only

We live in a world controlled by an invisible yet very present force that shapes the way we live our daily lives. With industry as its host and technology as the blood being pumped into its heart, it is a force powerful enough to bend politics to fit its needs. Capitalism; a method of industry where production and distribution are privately or corporately owned, its operation grows through profits, exploitation of labor, and extinguishing competition. During the Industrial Revolution technology was on the global stage. Factories and machines are built in existing cities producing and distributing mass goods on a global scale. Over time this fast production of goods would replace the old agricultural economy to a modern urban economy. Today the revolution is praised for creating a global trade market while surging us into a world of technology.