Slavery, Capitalism and the Industrial Revolution

This is a very important re-evaluation of the economic role of slavery in the British Industrial Revolution of 1760-1820. It is widely accepted that the transatlantic slave trade expanded massively in the 18th century. But several scholars have argued, even recently, that slavery played a marginal role in promoting economic growth in Britain. Economic historians Maxine Berg and Pat Hudson carefully examine the evidence, exploring all the major influences of the slave trade on the British economy. They conclude that slavery was a major factor in promoting investment, innovation, and growth. But they do not go so far to suggest… show more.