The Royal African Company was the most successful transatlantic slave-trading institution ever

Evidence

Although England first established trading posts for acquiring gold and ivory along a span of five thousand coastal Atlantic miles from present-day Morocco to South Africa, by 1672, King Charles II had conferred a monopoly on the Royal African Company specifically for the slave trade. The company used military personnel, government agents, and private investment capital garnered by selling stock to merchants to build the single most successful transatlantic slave-trading institution in history. — Nikole Hannah-Jones et al., The 1619 Project, 271

Categorization

• XREF: Corporate-stock-backed slave trading gives a concrete corporate-capitalism angle into the reframing argument about foundational vs. peripheral slavery.