The slave trade advanced European capitalism while underdeveloping Africa’s economies.

Evidence

From whatever vantage point one chooses, the relationship between slave labor, the slave trade, and the weaving of the early capitalist economies is apparent. Whatever were the alternatives, the point remains: historically, slavery was a critical foundation for capitalism. — Cedric J. Robinson, Black Marxism_ The Making of the Black…, 584 (#expands, via linked claim)

Categorization

  • XREF: connects to: Labor shortages and Atlantic commerce drove West African slavery’s expansion. — Alice L. Conklin, A Mission to Civilize_ The Republican…, 111; Slave trading rescued the Mediterranean bourgeoisie from eclipse by northern merchants; Slave labor sustained the extra-European market that industrial capitalism built on (+10 more)

Broader Connections