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Books > Social sciences > Politics & government > Political activism > Revolutions & coups
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Capitalism and Slavery (Hardcover, 3rd Revised edition)
Loot Price: R2,785
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Capitalism and Slavery (Hardcover, 3rd Revised edition)
Expected to ship within 10 - 15 working days
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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.
William A. Darity Jr.'s new foreword highlights Williams's insights
for a new generation of readers, and Colin Palmer's introduction
assesses the lasting impact of Williams's groundbreaking work and
analyzes the heated scholarly debates it generated when it first
appeared.
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