Slave-produced wealth funded the mother countries’ entire development
Evidence
Labour was the key to the development of the Americas; initially land was plentiful, capital was available to “prime the pump,” and labour was provided by African and Afro-American slaves. The source of all value is labour; the value of the New World, the fabulous wealth of St. Domingue, Brazil, Jamaica and Cuba, created by slaves, was enjoyed not only by planters and in the colonies, but by the mother country. It was reinvested, purchased power and position, and stimulated development in commercial and industrial spheres. — Cedric J. Robinson, Black Marxism_ The Making of the Black…, 572
Categorization
- XREF: McDonald’s restatement of the Williams thesis is the historiographical backdrop Robinson will progressively destabilize in this chapter.