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Economic effects of slave trade
Economic dimension of transatlantic slave trade
The economic impact of the slave trade
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The most popular time of trading slave was between 15th century and 18th century. It was a disaster for those people who became slave. According to William, slavery was caused by economic background at the time. In order to extend the businesses and earn more profit, companies need cheaper labour power and large labour supply. On the other hand, Conrad deemed greedy was the human nature. People were drove by money instead of respect the basic human right. Therefore, the slave trade was occurred. This essay will compare William and Conrad’s work in order to explain how businesses cause slavery in between 15th century and 18th century, the reality of slave trade and people became greedy when there had outside temptations.
According to William’s analysis, under the context of the time, the slave trade has become inevitable. People are willing to do trade with each other in thousands of years. At the beginning of 15th century, there was a new form of trade happened in the marketplace. Businesses were cold and detached. While William (1944) were arguing about “the Negro slave was cheaper” (p.19) which slave labour was more profitable than free labour. However, it was actually irrelevant between free and slave labour during the time that had massive slave trade. Because all
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“They were going to run an over-sea empire, and make no end of coin by trade” (Conrad, 1996, p.13). What Conrad believe was an over-sea government project. Conrad (1996) thought “they were no colonists; their administration was merely a squeeze, and nothing more” (p.8). In fact, “They were conquerors, and for that you want only brute force— nothing to boast of, when you have it, since your strength is just an accident arising from the weakness of others. They grabbed what they could get for the sake of what was to be got” (Conrad, 1996, p.8). Then, they aimed their target to human resources in
The formation of the Atlantic slave trade did distinguish the difference between the societies’ of slaves. Berlin quotes, “In societies with slaves, slavery was just one form of labor among many” as well as “these societies were built on labor and how one should live”. The sellers or the businessmen of the trade made slaves work harder, driving their proprietors to new, already unheard of the status of wealth and power to gain financial
The documents of the slave trade case study contains documents, which were authored by individuals closely connected to the slave trade. Gomes Eannes de Azurara was a Portuguese chronicler who provided details about the early voyages on the west coast of Africa and the capture of Africans in the slave trade. The primary source that Azurara wrote was titled The Chronicle of the Discovery and Conquest of Guinea written in 1450. The second primary source titled Practices and Contracts of Merchants was written by Fray Tomas De Mercado in 1587. The third primary source, The Travailes of an English Man, was written by Job Hortop in 1567. These primary sources aid in exemplifying how
During the 17th and early 18th century, slavery in the United States grew from being a small addition to the labor force to a huge institution that would persist for more than a century. Much of the development of slavery occurred in the Middle and Southern colonies, especially Virginia. Without the events that occurred and the policies established in Virginia during this time period, slavery would never have become what it did today. The decrease in indentured labor coming from England led to an increase in slave labor in the colonies, and the introductions of the concepts of hereditary slavery and chattel slavery transformed slavery into the binding institution it became in the 18th century.
Between 1800 and 1860 slavery in the American South had become a ‘peculiar institution’ during these times. Although it may have seemed that the worst was over when it came to slavery, it had just begun. The time gap within 1800 and 1860 had slavery at an all time high from what it looks like. As soon as the cotton production had become a long staple trade source it gave more reason for slavery to exist. Varieties of slavery were instituted as well, especially once international slave trading was banned in America after 1808, they had to think of a way to keep it going – which they did. Nonetheless, slavery in the American South had never declined; it may have just come to a halt for a long while, but during this time between 1800 and 1860, it shows it could have been at an all time high.
The slave trade, yet horrific in it’s inhumanity, became an important aspect of the world’s economy during the eighteenth century. During a time when thousands of Africans were being traded for currency, Olaudah Equiano became one of countless children kidnapped and sold on the black market as a slave. Slavery existed centuries before the birth of Equiano (1745), but strengthened drastically due to an increasing demand for labor in the developing western hemisphere, especially in the Caribbean and Carolinas. Through illogical justification, slave trading became a powerful facet of commerce, regardless of its deliberate mistreatment of human beings by other human beings. Olaudah Equiano was able to overcome this intense adversity and actually accumulate wealth by making the best of certain situations he faced throughout his experiences. Even though he was a victim of the slave trade, he willfully took advantage of the opportunity to see the world and to become a productive individual.
Robinson (1984) affirms that there exists a close relationship between the growth of capitalism and slavery. Slaves were the property of slave owners; slaves were dehumanised because they were commodities that were sold and they represented unfree labour (Robinson, 1984). According to Marx (1984, 45), the profits made by the slaves were prime to the primitive accumulation which then led to the growth of manufacturing and industrial capitalism. The value created by slave labour was appropriated by the metropole, and this created immeasurable disparities of wealthy between the colonies and the metropole, both historical wealth and contemporary wealth (Robinson, 1984). For example, the raw material used in production of textiles, which led the Industrial Revolution in Britain, was slave-produced. Robinson (1984:46) argues that the economic footing of slave labour and slavery formed the economic basis of the political ideologies that emerged from the French Revolution, i.e. liberty, equality and fraternity – thus the economy and politics are inseparable. One may thus argue that when colonialism (politics) was established, then capitalism (economy) was expanded, for example, the more colonies Britain had, the more capitalism grew. Slavery, says W.E.B du Bois, was a significant subsystem of capitalism and that at the centre of the economics of slavery was the idea of the racial superiority of non-black people (Robinson, 1984: 61). The underlying principle for the development of capitalism was slavery and it was thus not coincidental (Robinson, 1984: 47).
Though the Atlantic Slave Trade began in 1441, it wasn’t until nearly a century later that Europeans actually became interested in slave trading on the West African coast. “With no interest in conquering the interior, they concentrated their efforts to obtain human cargo along the West African coast. During the 1590s, the Dutch challenged the Portuguese monopoly to become the main slave trading nation (“Africa and the Atlantic Slave Trade”, NA). Besides the trading of slaves, it was also during this time that political changes were being made. The Europe...
Even today history of slavery is still being taught and learned, this is not a new topic that is being talked about. In all actuality slavery, has been talked about since 1619. It was a major year and turning point for slavery because it was made aware that “Africans” were being caught and transported to Jamestown to tend to tobacco crops, indigo crops and many other crops. Among all the information pertaining to slavery, there is many studies being conducted to enhance the understanding of slavery and how it has impacted the past and present societies. Slavery, has made a huge impact on today’s society and it will continue to impact future societies. The purpose of the extensive research is to help restore history. Slavery has a very harsh past and even today hundreds of years later it still has a huge
The image of American slave traders popularized and ingrained upon the national consciousness is based predominantly upon the character of Mr. Haley in Uncle Tom's Cabin. It is one of brash and opportunistic men of dubious background, character and principles, inherently racist and brutish in nature, motivated solely by profit. Ironically this largely echoed the view depicted publicly in the pro-slavery oratory and writings, which typically minimized the importance of the trade and portrayed the traders as social outcasts from the genteel antebellum culture of the South, thus reinforcing this fictitious version of history. Close scrutiny by many prominent historians has unquestionably shown this image is not historically accurate however. Far from being social outcasts with no community ties, many traders were in fact prominent citizens holding important positions in government and business. The most enterprising and successful of their number took full advantage of the latest innovations in modern transportation and employed effective market and advertising strategies thus introducing a spirit of commercialism which was so prevalent in the North to the South's agrarian culture. While it can not be disputed the most of these men held strongly racist views and many committed appalling acts in the course of the business, most saw themselves as men of vision who were simply pursuing their own American dream of happiness and prosperity. In their estimation their business practices were no more unethical than those of Northern entrepreneurs and served a viable need to the public at large.
The transatlantic slave trade paved the way for mass distribution of the human civilizations strongest labor force. The thought of using other humans as a means of production was first internal only within Africa but as other nations began to witness the degradation of one race, they saw an opportunity to tap into the weakened morals of one race which in turn allowed the Africans to fall into a lower class. Thus began the dispersion of slaves to other nations needing to fill the labor gap. An event that represents the beginning moment of the trans-Atlantic slave trade within the readings arise when Equiano was on watch with one of his sisters and was kidnapped by a group of people. Ever since Equiano was kidnapped, he was sold numerous times through different masters and traveled coast to coast. Equiano also witnessed the first time in his life a slave ship that was filled with black people of every description chained together with dejection and sorrowful expressions, and it was then that he realized the future that awaits him. Through the descriptions and Equiano’s wish for his former slavery in preference to the present condition he was in, we can imagine how awful and dehumanizing the slaves were being treated on shore. According to Equiano, many of the African slaves had the unpleasant personalities and traits that were similar with the white slave owners on the ship because of the close interaction that they had with each other. According to Gomez’s Reversing Sail, the beginning moment of the trans-Atlantic slave trade occurred because “Muslim forces in al-Andalus were never in control of the entire Iberian Peninsula and were continually threatened by Christian enemies during their nearly 800-year rule” (Gomez 59). As a result, “in both Iberia and the
In the “Interpretive Essay”, Kenneth Banks discuses the consequences of the Atlantic slave trade. The negative effects on the Africans due to the Atlantic slave trade range from the influence on Africans societies and warfare, inhumane and atrocious living and working conditions, decrease of their population, and the long-term impact of bigotry. During the Atlantic save trade’s peak, the movement to abolish slavery started because it went against certain religious beliefs, several thinkers saw it as inefficient, and was unethical.
Slaves and slave trade has been an important part of history for a very long time. In the years of the British thirteen colonies in North America, slaves and slave trade was a very important part of its development. It even carried on to almost 200 years of the United States history. The slave trade of the thirteen colonies was an important part of the colonies as well as Europe and Africa. In order to supply the thirteen colonies efficiently through trade, Europe developed the method of triangular trade. It is referred to as triangular trade because it consists of trade with Africa, the thirteen colonies, and England. These three areas are commonly called the trades “three legs.”
In “Slaves and the ‘Commerce’ of the Slave Trade,” Walter Johnson describes the main form of antebellum, or pre-Civil War, slavery in the South being in the slave market through domestic, or internal, slave trade. The slave trade involves the chattel principle, which said that slaves are comparable to chattels, personal property that is movable and can be bought or sold. Johnson identified the chattel principle as being central to the emergence and expansion of slavery, as it meant that slaves were considered inferior to everyone else. As a result, Johnson argued that slaves weren’t seen as human beings and were continually being mistreated by their owners. Additionally, thanks to the chattel principle, black inferiority was inscribed
During the era of 1450-1750 CE, the characteristics of human slavery throughout the world started as a system of assistance gained from the capturing of enemy soldiers and adopting them into the victors society, but changed to a large trafficking business reaching overseas, and then to inherited positions gained from being born into slavery. However, throughout this time period, slavery continued to center in Africa and the Middle East, and remained a prime source of human labor in every society, due to their ability to be easily obtained and cheaply managed.
Anytime we hear the word “slavery”, we tend to think of the Southern United States during the Pre-Civil War era. What many people don’t know, is that this horrible act has occurred worldwide! The term “slavery” has many different definitions, and has occurred all throughout our world history. It wasn’t until the early 18th century that the thought of anti-slavery came about. Many economic, social, and technological forces have played a part in the decline of slavery around the globe.