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Capitalism, Slavery, and Economic White Supremacy

Summary by The Economic Historian
By Calvin SchermerhornWhat is at stake when we talk about the economics of North American slavery? Over the last 75+ years it has been whether capitalism superseded slavery or whether capitalism and slavery were co-constituted, capitalism to some extent relying on slavery. Part of that discussion has been theoretical and part hinges on whether the exploitation of African-descended Americans is an incidental or an essential part of the economies …
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The Economic Historian broke the news in on Thursday, June 19, 2025.
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