The Economic Aspect of the Abolition of the West Indian Slave Trade and Slavery

The Economic Aspect of the Abolition of the West Indian Slave Trade and Slavery

Author: Eric Williams

Publisher: Rowman & Littlefield

Published: 2014-02-07

Total Pages: 279

ISBN-13: 1442231408

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In his influential and widely debated Capitalism and Slavery, Eric Williams examined the relation of capitalism and slavery in the British West Indies. Binding an economic view of history with strong moral argument, his 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 has set the tone for an entire field. Williams’s profound critique became the foundation for studies of imperialism and economic development and has been widely debated since the book’s initial publication in 1944. The Economic Aspect of the Abolition of the West Indian Slave Trade and Slavery now makes available in book form for the first time his dissertation, on which Capitalism and Slavery was based. The significant differences between his two works allow us to rethink questions that were considered resolved and to develop fresh problems and hypotheses. It offers the possibility of a much deeper reconsideration of issues that have lost none of their urgency—indeed, whose importance has increased.


The Economic Consequences of the Atlantic Slave Trade

The Economic Consequences of the Atlantic Slave Trade

Author: Barbara L. Solow

Publisher: Lexington Books

Published: 2014-05-27

Total Pages: 159

ISBN-13: 0739192477

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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.


Capitalism and Slavery

Capitalism and Slavery

Author: Eric Williams

Publisher: UNC Press Books

Published: 2014-06-30

Total Pages: 308

ISBN-13: 1469619490

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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. 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.


The Economics of Emancipation

The Economics of Emancipation

Author: Kathleen Mary Butler

Publisher: UNC Press Books

Published: 2017-12-15

Total Pages: 220

ISBN-13: 1469639793

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The British Slavery Abolition Act of 1834 provided a grant of u20 million to compensate the owners of West Indian slaves for the loss of their human 'property.' In this first comparative analysis of the impact of the award on the colonies, Mary Butler focuses on Jamaica and Barbados, two of Britain's premier sugar islands. The Economics of Emancipation examines the effect of compensated emancipation on colonial credit, landownership, plantation land values, and the broader spheres of international trade and finance. Butler also brings the role and status of women as creditors and plantation owners into focus for the first time. Through her analysis of rarely used chancery court records, attorneys' letters, and compensation returns, Butler underscores the fragility of the colonial economies of Jamaica and Barbados, illustrates the changing relationship between planters and merchants, and offers new insights into the social and political history of the West Indies and Britain.


Econocide

Econocide

Author: Seymour Drescher

Publisher: Univ of North Carolina Press

Published: 2010-08-30

Total Pages: 312

ISBN-13: 0807899593

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In this classic analysis and refutation of Eric Williams's 1944 thesis, Seymour Drescher argues that Britain's abolition of the slave trade in 1807 resulted not from the diminishing value of slavery for Great Britain but instead from the British public's mobilization against the slave trade, which forced London to commit what Drescher terms "econocide." This action, he argues, was detrimental to Britain's economic interests at a time when British slavery was actually at the height of its potential. Originally published in 1977, Drescher's work was instrumental in undermining the economic determinist interpretation of abolitionism that had dominated historical discourse for decades following World War II. For this second edition, which includes a foreword by David Brion Davis, Drescher has written a new preface, reflecting on the historiography of the British slave trade since this book's original publication.


Indian Ocean Slavery in the Age of Abolition

Indian Ocean Slavery in the Age of Abolition

Author: Robert W. Harms

Publisher: Yale University Press

Published: 2013-12-17

Total Pages: 322

ISBN-13: 030016646X

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div While the British were able to accomplish abolition in the trans-Atlantic world by the end of the nineteenth century, their efforts paradoxically caused a great increase in legal and illegal slave trading in the western Indian Ocean. Bringing together essays from leading authorities in the field of slavery studies, this comprehensive work offers an original and creative study of slavery and abolition in the Indian Ocean world during this period. Among the topics discussed are the relationship between British imperialism and slavery; Islamic law and slavery; and the bureaucracy of slave trading./DIV


Worldmaking After Empire

Worldmaking After Empire

Author: Adom Getachew

Publisher: Princeton University Press

Published: 2020-04-28

Total Pages: 288

ISBN-13: 0691202346

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Decolonization revolutionized the international order during the twentieth century. Yet standard histories that present the end of colonialism as an inevitable transition from a world of empires to one of nations—a world in which self-determination was synonymous with nation-building—obscure just how radical this change was. Drawing on the political thought of anticolonial intellectuals and statesmen such as Nnamdi Azikiwe, W.E.B Du Bois, George Padmore, Kwame Nkrumah, Eric Williams, Michael Manley, and Julius Nyerere, this important new account of decolonization reveals the full extent of their unprecedented ambition to remake not only nations but the world. Adom Getachew shows that African, African American, and Caribbean anticolonial nationalists were not solely or even primarily nation-builders. Responding to the experience of racialized sovereign inequality, dramatized by interwar Ethiopia and Liberia, Black Atlantic thinkers and politicians challenged international racial hierarchy and articulated alternative visions of worldmaking. Seeking to create an egalitarian postimperial world, they attempted to transcend legal, political, and economic hierarchies by securing a right to self-determination within the newly founded United Nations, constituting regional federations in Africa and the Caribbean, and creating the New International Economic Order. Using archival sources from Barbados, Trinidad, Ghana, Switzerland, and the United Kingdom, Worldmaking after Empire recasts the history of decolonization, reconsiders the failure of anticolonial nationalism, and offers a new perspective on debates about today’s international order.


After Abolition

After Abolition

Author: Marika Sherwood

Publisher: Bloomsbury Publishing

Published: 2007-02-23

Total Pages: 256

ISBN-13: 0857710133

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With the abolition of the slave trade in 1807 and the Emancipation Act of 1833, Britain seemed to wash its hands of slavery. Not so, according to Marika Sherwood, who sets the record straight in this provocative new book. In fact, Sherwood demonstrates that Britain continued to contribute to the slave trade well after 1807, even into the twentieth century. Drawing on government documents and contemporary reports as well as published sources, she describes how slavery remained very much a part of British investment, commerce and empire, especially in funding and supplying goods for the trade in slaves and in the use of slave-grown produce. The nancial world of the City in London also depended on slavery, which - directly and indirectly - provided employment for millions of people. "After Abolition" also examines some of the causes and repercussions of continued British involvement in slavery and describes many of the apparently respectable villains, as well as the heroes, connected with the trade - at all levels of society. It contains important revelations about a darker side of British history, previously unexplored, which will provoke real questions about Britain's perceptions of its past