IMHO, wage slavery and chattel slavery were two different modes of productions, but the slave owners and the employers of wage workers were often one and the same. The capitalist class emerged as merchant capitalists before they became industrial capitalists, and merchant capital could and can be employed to exploit any opportunity to make a profit from simple arbitrage to moving into finance through ending, and on to purchasing enslaved laborers or hiring wage laborers. The early ruling class of the United States was a merchant capitalist class which engaged in all of these activities. It slowly became differentiated, as an industrial sector of the capitliast class formed.
Civil wars have often, perhaps most often, been fought as wars between two sectors of the same ruling class. The US Civil War is a great example of such a civil war. -=-=-=-=-=-=-=-=-=-=-=- Groups.io Links: You receive all messages sent to this group. View/Reply Online (#33858): https://groups.io/g/marxmail/message/33858 Mute This Topic: https://groups.io/mt/109886990/21656 -=-=- POSTING RULES & NOTES #1 YOU MUST clip all extraneous text when replying to a message. #2 This mail-list, like most, is publicly & permanently archived. #3 Subscribe and post under an alias if #2 is a concern. #4 Do not exceed five posts a day. -=-=- Group Owner: [email protected] Unsubscribe: https://groups.io/g/marxmail/leave/13617172/21656/1316126222/xyzzy [[email protected]] -=-=-=-=-=-=-=-=-=-=-=-
