The commodification of human beings fueled the capitalist economy from "summary" of Capitalism & Slavery by Eric Eustace Williams
The transformation of human beings into commodities was a fundamental aspect of the development of the capitalist economy. By treating individuals as mere objects to be bought and sold, the machinery of capitalism was able to extract maximum profit from their labor. This dehumanization of individuals reduced them to the status of property, to be traded and exploited for the benefit of those in power. This commodification of human beings was particularly pronounced in the context of the transatlantic slave trade. Enslaved Africans were forcibly taken from their homes and transported across the ocean to work on plantations in the Americas. Their labor was essential to the production of valuable commodities such as sugar, cotton, and tobacco, which were then sold for profit in the global market. The commodification of human beings had far-reaching consequences for both the enslaved individuals and the capitalist economy as a whole. For the enslaved, it meant a life of brutal exploita...Similar Posts
Scientific knowledge empowers humanity
Scientific knowledge has been a key factor in empowering humanity throughout history. It has enabled us to understand the world...
Diversity and inclusion are important in the workplace
Diversity and inclusion in the workplace are crucial components of a successful and thriving organization. When individuals fro...
Not all billionaires are selfmade
This idea that all billionaires are self-made is a myth perpetuated by the media and popular culture. The reality is that many ...
The exploitation of enslaved labor was central to the capitalist model
The foundation of the capitalist system rests upon the exploitation of enslaved labor. This was not a mere coincidence, but rat...