Capitalism and slavery were intertwined systems of oppression from "summary" of Capitalism & Slavery by Eric Eustace Williams
Eric Eustace Williams argues that capitalism and slavery were not separate entities, but rather interdependent systems that worked in tandem to oppress individuals. The economic success of capitalism was built upon the exploitation of enslaved people who were forced to work under brutal conditions. The profits generated from the labor of these enslaved individuals fueled the growth of capitalism, creating a cycle of oppression that was difficult to break. Slavery provided the necessary labor force to extract resources and produce goods that were essential for the development of capitalist economies. The forced labor of enslaved people was a crucial component of the capitalist system, as it allowed for cheap production and increased profits for slave owners and capitalists alike. The wealth accumulated from this exploitation was used to further strengthen the capitalist system, creating a self-perpetuating cycl...Similar Posts
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