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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About the Author
Barbara L. Solow retired from the W. E. B. Du Bois Research Institute at Harvard University after having taught economics at Brandeis University and Boston University.
Table of ContentsChapter 1: Capitalism and Slavery in the Exceedingly Long Run
Chapter 2: Slavery and Colonization
Chapter 3: Eric Williams and His Critics
Chapter 4: Why Columbus Failed: The New World without Slavery
Chapter 5: Caribbean Slavery and British Growth: The Eric Williams Hypothesis
Chapter 6: Marx, Slavery, and American Economic Growth
Chapter 7: The Transition to Plantation Slavery: The Case of the British West Indies