CORRECTION
CB: I guess the answer is that it wasn't though. It is a
counter-factual. We'll never know whether capitalism could have got
started with its initial rapid take off of accumulation withOUT
"cheating" on wage-labor with slave labor, super-exploitation


---------- Forwarded message ----------
From: c b <[email protected]>
Date: Thu, Apr 4, 2013 at 12:46 PM
Subject: Capitalism and slavery
To: pen-l <[email protected]>


..If, however, the point is that the rapid economic takeoff of
capitalist economies in the 19th century was "dependent" on its prior
profitable relationship with a slave economy, I just don't see it.


^^^^

CB: I'm thinking the prior relationship was more profitable, in
general , for the Southern slaveocratic bourgeosie than for the
Northern bourgeoisie, who were still somewhat in the manufacturing
phase before their industrial revolution really took off relative to
the British. The main industry in the takeoff of the British
Industrial Revolution had been textiles, clothes, thereby related to
Southern cotton production. The concentration of wealth was in the
South before the war, and shifted to the North afterward. The takeoff
in the North was in part do to vulturizing the wealth of the defeated
former ruling class in so it was not " "dependent" on its prior
profitable relationship with a slave economy.

So I agree with you and don't see that latter either.

 ^^^^^^^


  We can only speculate about counter-factuals, but the notion that a
"necessary" condition to the growth in the North in the last quarter
of the 19th Century was slavery in the South for the prior 200 years
does not ring true to me.

^^^^^^^
CB: Only in the sense that _all_ of capitalism, including in the US
derived from the primitive or original accumulation of capital which
had its "chief momenta" in slavery and colonialism.  Both the colonial
and slaveery status of America contributed to the original
accumulation of capital in both the "North" and the "South" of the US.

^^^^^

 I don't dispute that the wealth created in the South was a
contribution to the growth in the North, but it seems to me that
wealth (profitable cotton, tobacco, etc.) would have been created if
the South had a wage-based similar to the North.

^^^^^

CB: I guess the answer is that it wasn't though. It is a
counter-factual. We'll never know whether capitalism could have got
started with its initial rapid take off of accumulation with
"cheating" on wage-labor with slave labor, super-exploitation.


^^^^^


 And I further believe that if the South simply never existed, the
North would sti!
 ll have grown steadily and then taken off in the late 19th Century as
industrialization took off.

^^^^^^

CB: Read this ; there are many posts on PEN-L no the Brenner debate
about ten years ago.



https://www.marxists.org/archive/marx/works/1867-c1/ch31.htm

David Shemano
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