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The Economic Consequences of the Atlantic Slave Trade (Hardcover)
Loot Price: R2,441
Discovery Miles 24 410
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The Economic Consequences of the Atlantic Slave Trade (Hardcover)
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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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