Slavery was a fundamental feature of the capitalist mode of production from "summary" of Capitalism & Slavery by Eric Eustace Williams
Slavery, as a system, was not merely a byproduct of capitalism - rather, it was deeply intertwined with the very foundation of capitalist mode of production. The development of capitalism was inextricably linked to the exploitation of enslaved labor. It was the exploitation of enslaved labor that provided the economic foundation upon which capitalism thrived and expanded. The profitability of slavery was a driving force behind the growth of capitalism. Enslaved labor was crucial in the production of goods that fueled the emerging capitalist economy. The cheap labor provided by slavery allowed for increased production and higher profits. This economic model, based on the exploitation of enslaved labor, was essential to the success of capitalism. ...
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