Slavery and capitalism |
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Authors: | Mark Stelzner |
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Institution: | 1. Economics, Connecticut College , New London, CT, USA mark.stelzner@conncoll.edu |
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Abstract: | ABSTRACT In this paper, I look at the relationship between slavery and capitalism through exploring the counterfactual of industrialization without slavery in the United States and by analyzing the deeper connection between slavery and capitalism. As we will see, slavery, and war capitalism more generally, played an important role in industrialization, and slavery and capitalism share an underlying connection that if obscured can facilitate higher levels of exploitation under capitalism at present. |
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Keywords: | Slavery capitalism industrialization new history of capitalism |
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