Quote (NetflixAdaptationWidow @ 3 Jan 2022 04:14)
Not really. They generated a massive amount of wealth by being the absolute backbone of all agriculture in the western hemisphere for over 100 years.
Quote (NetflixAdaptationWidow @ 3 Jan 2022 04:27)
Europe gained massive wealth from colonial slavery in the Caribbean. Same with ownership of south America. You should pick up a history textbook if you don't think slavery and colonialism was extremely profitable for Europe.
Haiti was so profitable France was willing to go to war to keep the island. It was more profitable than all 13 of the American colonies alone.
Europe might have gained massively from colonial slavery, but it is still a fact that European, non-enslaved farmers were the backbone of agriculture in Europe, not slaves living overseas. Likewise, if all kinds of slavery were so extremely profitable, why didn't all the slave-holding empires throughout human history gain massive, entrenched wealth from it? Why is it that the European civilization (which includes its outposts in the U.S., Canada and Australia) of the enlightenment-industrialization-era became the first to establish global dominance and build up wealth which can exist without enslaving others?
The answer is quite simple:
the true backbone of Western wealth is not colonialism or the remnants of slavery, its technological and societal progress, combined with an increased exploitation of natural resources. By the time the Civil War broke out in 1861, the productivity of the North was already surpassing that of the South by such a wide margin that the victory of the Union over the Confederacy was inevitable (as long as no foreign powers intervened). If anything, slavery was holding back the places which practiced it in the long run because it encouraged a labor-intense, low-productivity economy and disincentivized investment into education, infrastructure or research.
Quote (Saucisson6000 @ 3 Jan 2022 04:06)
Yes, slavery changed the path of the US forever. The economic malaise of the rural South which persists to this day is a direct consequence of them sticking with slavery and racial segregation for too long, an economic/societal model which is just shitty and had no future anymore once industrialization picked up pace.
Sorry, but I won't consider a piece titled "slavery made America - the case for reparations" by Ta-Nehisi Coates an unbiased, credible source on this issue.
This post was edited by Black XistenZ on Jan 3 2022 05:11pm