Enslavement was a tool for the accumulation of wealth in capitalist societies from "summary" of Capitalism & Slavery by Eric Eustace Williams
Enslavement was not just a byproduct of capitalism, but rather a deliberate tool used to amass wealth in capitalist societies. The institution of slavery was intricately intertwined with the economic system, serving as a means to exploit human labor for profit. Plantation owners and slave traders viewed enslaved individuals as valuable assets, whose forced labor contributed significantly to the accumulation of wealth. The brutal exploitation of enslaved people was justified in the name of economic prosperity. The profitability of slavery was a driving force behind its expansion and perpetuation in capitalist societies. The extraction of labor from enslaved individuals enabled plantation owners to amass great fortunes, while slave traders profited from the buying and selling of human beings as commoditi...Similar Posts
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