Having studied the topic thoroughly for a decade, the undeniable reality is 
that the accumulative processes necessary for the constitution of the American 
capitalist system were dependent upon the racialized slavery system.

In the Grundrisse , which was only published in 1939 in Moscow and in English 
in 1973 by Vintage, has a direct mention of American slavery as a form of 
capitalism, throwing to the wind the claim by Eugene Genovese, et. al. that the 
South was a feudal economy.

"The fact that we now not only call the plantation owners in America 
capitalists, but that they - *are* - capitalists, is based on their existence 
as anomalies within a world market based on free labour." [Emphasis in 
original] (pg. 513, Martin Nicolaus translation)

Noel Ignatiev's scholarly review of Foner's book on Reconstruction traces out 
the entirety of a debate within the Sojourner Truth Organization and people 
like Roediger and Glaberman over the matter < https://libcom.org/library/ 
american-blindspot- reconstruction-according-eric- foner-web-du-bois-noel- 
ignatiev#footnote2_0zxgoiz ( 
https://libcom.org/library/american-blindspot-reconstruction-according-eric-foner-web-du-bois-noel-ignatiev#footnote2_0zxgoiz
 ) > and < https://www.marxists.org/ history/usa/pubs/ 
sojournertruth/slaverysymp.pdf ( 
https://www.marxists.org/history/usa/pubs/sojournertruth/slaverysymp.pdf ) >


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