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The Economic Consequences of the Atlantic Slave Trade by Barbara L. Solow (Paperback, 2016)

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Solow argues that abolition of the slave trade and emancipation should be understood in this context. New West Indian Guide . These papers by Barbara Solow on capitalism and slavery have radically altered our view of the whole subject of the role of the Atlantic slave trade in relation to the British Industrial Revolution and to the evolution of capitalism as a global system.

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The Economic Consequences of the Atlantic Slave Trade shows how the West Indian slave/sugar/plantation complex, organized on capitalist principles of private property and profit-seeking, joined the western hemisphere to the international trading system encompassing Europe, Africa, North America, and the Caribbean, and was an important determinant of the timing and pattern of the Industrial Revolution in England. The new industrial economy was no longer dependent on slavery for development, but rested instead on investment and innovation. Solow argues that abolition of the slave trade and emancipation should be understood in this context.