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Capitalism and Slavery

by

Capitalism and Slavery Cover

 

Synopses & Reviews

Publisher Comments:

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.

Synopsis:

Eric Williams's Capitalism & Slavery became the foundation for many future 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.

Description:

Includes bibliographical references (p. 262-270) and index.

About the Author

The late Eric Williams was prime minister of Trinidad and Tobago from 1961 until his death in 1981. Prior to entering politics, he was professor of political and social science at Howard University. Colin A. Palmer is Dodge Professor of History at Princeton University.

Product Details

ISBN:
9780807844885
Introduction:
Palmer, Colin A.
Author:
Palmer, Colin A.
Author:
Williams, Eric
Publisher:
University of North Carolina Press
Location:
Chapel Hill :
Subject:
History
Subject:
Industries
Subject:
Slavery
Subject:
Economic History
Subject:
Slave-trade
Subject:
Slave trade -- Great Britain.
Subject:
Great britain
Subject:
Latin American studies; African American; business; slave trade; Industrial Revolution; England
Subject:
Economic Conditions
Subject:
Industries -- Great Britain -- History.
Subject:
Latin American studies
Subject:
African-American
Subject:
Business
Subject:
Industrial revolution
Subject:
England
Subject:
General-General
Subject:
Industrial Revolut
Subject:
Ion
Copyright:
Series Volume:
no. 418
Publication Date:
October 1994
Binding:
TRADE PAPER
Language:
English
Illustrations:
Yes
Pages:
307
Dimensions:
8.52x5.57x.72 in. .87 lbs.

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Related Subjects

Business » History and Biographies
History and Social Science » African American Studies » Slavery and Reconstruction
History and Social Science » Economics » General
History and Social Science » Politics » General
History and Social Science » Sociology » Slavery

Capitalism and Slavery New Trade Paper
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Product details 307 pages University of North Carolina Press - English 9780807844885 Reviews:
"Synopsis" by , Eric Williams's Capitalism & Slavery became the foundation for many future 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.
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