Eric Williams

Capitalism and Slavery – Third Edition

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Binding an economic view of history with strong moral argument, Williams' 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.

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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… Establishing the exploitation of commercial capitalism and its link to radical attitudes, Williams employed a historicist vision that set the tone for future studies.

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  • Hardcover: No
  • Publisher: NA
  • Language: English
  • ISBN-10: NA
  • Dimensions: NA
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