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    Capitalism and Slavery
    Unavailable
    Capitalism and Slavery
    Unavailable
    Capitalism and Slavery
    Ebook428 pages9 hours

    Capitalism and Slavery

    By Eric Williams

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    Currently unavailable

    About this ebook

    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.

    LanguageEnglish
    PublisherThe University of North Carolina Press
    Release dateJun 30, 2014
    ISBN9781469619491
    Unavailable
    Capitalism and Slavery
    Author

    Eric Williams

    Eric Williams (1911-1981) served as the first prime minister of independent Trinidad and Tobago beginning in 1962 until his death. Prior to entering politics, he was a professor of social and political science at Howard University.

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