Modern historical debate surrounding the Anglo-American Atlantic slave trade stems directly from the publication of Eric Williams’ transformative Capitalism and Slavery in 1944. Dismantling with fierce efficacy the long-dominant interpretation of abolition as a function of humanitarian enlightenment, Williams’ thesis instead contends that after providing the material foundation and trade infrastructure for Europe’s industrial revolution, slavery had fulfilled its purpose and was thus replaced by capitalism as an economic modality. Though radical for its time and considered insufficiently empirical for ours, this analysis of emancipation’s conceptual underpinnings has served as the touchstone for successive scholarly works on the …show more content…
From this foundation, with the hope of effectively communicating these contrasting perspectives in a manner that portrays the macroeconomic consequences of slavery in the British Atlantic, it will first provide a brief synopsis of the trade’s recognized origins, and then analyze in turn the profitability of trade connected to slavery, changes to labor forces, the role of social pressure, and finally the relationship between slavery and capitalism.
As Eric Williams directly establishes in Capitalism and Slavery, “unfree labor in the New World was brown, white, black, and yellow; Catholic, Protestant, and pagan” . Stimulated by an abundance of cheap land and a dearth of workers, the origin and initial expansion of African slavery in New World plantation economies was not a racially motivated circumstance, but rather an economic phenomenon. Native and European populations in the 16th and 17th centuries were simply not capable of meeting the accumulative labor demands of sugar, tobacco, and cotton plantations, and from a production standpoint, the cost of cultivating these particular crops was appreciably reduced on larger-scale enterprises – the profits
Throughout the book, The Origins of Slavery, the author, Betty Woods, depicts how religion and race along with social, economic, and political factors were the key factors in determining the exact timing that the colonist’s labor bases of indentured Europeans would change to involuntary West African servitude. These religion and racial differences along with the economic demand for more labor played the key roles in the formation of slavery in the English colonies. When the Europeans first arrived to the Americas in the late sixteenth century, at the colony of Roanoke, the thought of chattel slavery had neither a clear law nor economic practice with the English. However by the end of that following century, the demand for slaves in the
There has been many historians and theorists who have tackled colonial slavery. One of them is Ira Berlin whose book Many Thousands Gone is his take on slavery diversity in American history and how slavery is at the epicenter of economic production, amongst other things. He separates the book into three generations: charter, plantation and revolutionary, across four geographic areas: Chesapeake, New England, the Lower country and the lower Mississippi valley. In this paper, I will discuss the differences between the charter and plantation generations, the changes in work and living conditions, resistance, free blacks and changes in manumission.
As we already noted – in the 1800s expediency of slavery was disputed. While industrial North almost abandoned bondage, by the early 19th century, slavery was almost exclusively confined to the South, home to more than 90 percent of American blacks (Barney W., p. 61). Agrarian South needed free labor force in order to stimulate economic growth. In particular, whites exploited blacks in textile production. This conditioned the differences in economic and social development of the North and South, and opposing viewpoints on the social structure. “Northerners now saw slavery as a barbaric relic from the past, a barrier to secular and Christian progress that contradicted the ideals of the Declaration of Independence and degraded the free-labor aspirations of Northern society” (Barney W., p. 63).
The introduction of Africans to America in 1619 set off an irreversible chain of events that effected the economy of the southern colonies. With a switch from the expensive system of indentured servitude, slavery emerged and grew rapidly for various reasons, consisting of economic, geographic, and social factors. The expansion of slavery in the southern colonies, from the founding of Jamestown in 1607 to just before America gained its independence in 1775, had a lasting impact on the development of our nation’s economy, due to the fact that slaves were easy to obtain, provided a life-long workforce, and were a different race than the colonists, making it easier to justify the immoral act.
Capitalism was the sole purpose for being the cause of an exponential use of slaves in all aspects of production. Notably, it involved an economic system whose basis originates from private ownership of all the means of production as well as the production of goods and services majorly meant for profit. With characteristics such as accumulation of capital, labor, private property ownership, and competitive market. Therefore, there was a great need for means of production hence slavery. However, there is a close relationship between free and slave labor as used in production. The paper uses “Capitalism and Slavery” (William, 1961) as a primary source material to compare the profitability of free labor and slave labor through an in-depth discussion of the role the African slavery played in the development of capitalism in the New World. Free labor and slave labor both have profits in the production process and would be applied differently at various places. For instance, slave labor was profitable in activities in which little skills and versatility in production process were required. It is worth noting that, the use of slave labor to cultivate a fresh soil is more profitable than the use of free men in the cultivation of an exhausted land. However, the use of slave labor was the option at the earlier stages of development of colonies, although slaved labor was unskillful, given reluctantly, and lacks versatility (Eltis, 2000). Moreover, use of slave labor were not moral but
The slave trade in the North American colonies began to grow in the 1600s. The African slave trade sourced their slaves from many different West African villages and countries. The business of slavery was a growing and profitable field, not only for the slavers, but also for the slaveholders. With the decrease of indentured servants, settlers in the English colonies looked for a new source of labor to satisfy their growing labor demands. The next source was Africa. “By the 1690s slaves outnumbered indentured servants four to one” (45). Europeans largely disregarded the ethical dilemma posed by slavery due to the European view of Africans and their culture as uncivilized, foreign, and heathen (44). The largest forced migration in history (44)
The introduction of this book is very unique in that it gives a brief overview of American history that not many Americans were taught. The book fills in the blanks about how exactly our country started out being a small trading partner with European countries and in a few decades became the world’s largest economy. “For some fundamental assumptions about the history of slavery and the history of the United States remain strangely unchanged. The first major assumption is that, as an economic system a way of producing and trading commodities American slavery was fundamentally different from the rest of
Slave trading was a business and “over the four centuries of Atlantic slavery, millions of Africans and their descendants were turned into profits.” (Johnson) The Atlantic trade was highly depended on by slave owners as the life expectancy of a slave working in the sugar cane plantations was about seven years in the Caribbean. Due to the use of slave labor by the 18th century surplus capital was being invested in European industry.
In the years from 1600 to 1783 the thirteen colonies in North America were introduced to slavery and underwent the American Revolutionary War. Colonization of the New World by Europeans during the seventeenth century resulted in a great expansion of slavery, which later became the most common form of labor in the colonies. According to Peter Kolchin, modern Western slavery was a product of European expansion and was predominantly a system of labor. Even with the introduction of slavery to the New World, life still wasn’t as smooth as we may presume. Although the early American colonists found it perfectly fine to enslave an entire race of people, they
Slavery played a crucial role in financing the Industrial Revolution in Britain. The plantation owners and the merchants linked with the slave trade and slavery and used it to amass vast fortunes that later grew to reach capitalism globally. In 1944, Eric Williams came up with great ideas on capitalism and slavery. According to Eric Williams, the decline of the British West Indies occasioned the
In the 18th century the population of British America skyrocketed from 250,000 to more than two million, a great deal of this population increase was because of the increasing slave population and the slave natural increase (pg 107). As opposed to the century before when slaves were scarce, there was a dramatic fluctuation of slaves in the colonies during the eighteenth century. Slaves made such a huge impact in the population that in some places there were more slaves than white men, such as in South Carolina (pg 117). Slavery had a large influence on southern society and on politics as whites rich and poor now shared so called “supremacy” over slaves which worked to unite the whites in some way (pg 122). Slaves also helped the economy as they worked tirelessly for free and for a lifetime with little hope of ever obtaining freedom unlike their indentured servant counterparts. Slaves in the South made the most noticeable contribution to the flourishing southern colonies, especially in the southern economy (pg 117).
"Capitalism & Slavery," (published by The University of North Carolina Press, 1994) was written by Eric Eustace Williams and first published in 1944. Eric Williams' book, was at the time of its publication, considered years ahead of its time. It should be noted, early on within this report that, literary works on the history of the Caribbean or slavery for a matter of fact, was done by Europeans. In the preface of his book, Williams clearly asserts that his work, "is not a study of the institution of slavery but of the contribution of slavery to the development of British capitalism."1 His work takes an economic view of history, which is at the
During the development of the colonies and the nation as a whole, slaves were utilized in order to produce the crops and perform laborious tasks that were “below” white people. In the 1660s, there was an increased demand for tobacco products as well as indigo and rice in England (“African American Slavery in the Colonial Era, 1619-1775”). In order to fulfill the demand, there was a spike in interest in purchasing slaves. More and more slaves were needed to produce larger amounts of crops for the plantation owners.
This paper will question the relationship between Slavery and Capitalism, and the extent to how dependent Capitalism was on slavery. Chattel slavery first arrived to America in 1619 and from there the business just kept on growing. It leads to the invention of the cotton gin and helped push forward the young country into the developed powerful nation it is now. This can be gained from the readings from Bailyn, Beverly, the Declaration of Independence, and other works that show not only how profitable slavery was, but also how important it was to the development of America as a country.
By the time that the slave trade had been abolished in Britain and her colonies in 1807 eleven million men, women and children had been snatched from their homes. For historians understanding the factors that led to the abolition of the trade remains an important task. Whilst there is clearly a consensus on the main factors that led to this seismic and historic event there is obviously a difference in opinion on the most important due to the degree of subjectivity the question poses.