Topic > The relationship between capitalism, slavery,...

The relationship between the growth of capitalism and slave labor is historically connected. However, slavery differs fundamentally from capitalism; as capitalism requires free or cheap labor, while slavery requires forced labor. However, slavery cannot be conceptually separated from the development of capitalism. Thus, slavery was the foundation of colonial trade in the triangular trading region, as well as the foundation of colonization in the islands (Robinson; 1984: 154). Since slaves were legal property and part of capital. They were bought, sold and sometimes killed, thus becoming a means of production and reduced to a commodity owned by slave owners (Ritzer; 2002:51/53). The relationship between slavery and capitalism can be seen in the context of the creation of the Americas. African and African American slaves were vital to the development of America. An example of this occurs after the American Civil War, even though the North fought to abolish slavery. Northern capitalism was linked to slavery and allowed its existence. When the Northern bourgeoisie purchased the molasses produced by slave labor, they lent money to Southern plantation owners who owned the slave labor; they shipped slave-produced cotton to Britain from their northern ports. Thus financing the slave trade (Saunders; 1988). Not only was slavery linked to the growth of capitalism in America but also in Britain. Since British industrial capitalism was based primarily on slavery. The British bourgeoisie became rich thanks to the sugar trade in England, which had its roots in slavery. Therefore, it is evident that capitalism evolved in practice and that slavery was central to the development of the capitalist system…… half of the paper……• Robinson, C. (1984) Black Marxism: The Making of the Black Radical Tradition. London: Zed Press.• South African History Online. "History of Slavery and Early Colonization in South Africa". www.sahistory.co.za• Alexander, N. (2002). Race and class in South African historiography: an overview in a normal country. Scottsville: University of Natal Press.• Saunders, C. (1988) The Making of the South African Past, Important Historians on Race and Class. Cape Town: David Phillip Publishers.• South African History Online (2012) The Racial Class Debate. www.sahistory.org.za/archive/theorertical-debates-and-Methodlogical-conersations/• Stolten, H (2002) The discussion of the relationship between capitalism and apartheid: elaborations on Lipton and Yudelman. www.jakobsgaardstolten.dk/Papers,%20presenations,20%articles/NAI-CASconf02/Captilism%20and20%Apartheid.html