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The half has never been told
Nicolas Merola
Created on May 10, 2024
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"THE HALF HAS NEVER BEEN TOLD" SLAVERY AND THE MAKING OF AMERICAN CAPITALISM
Edward E.Baptist
The New York Times
Los Angeles Times
SOURCES:
The half has never been told
Cornell University archives
History connected to the economic departments, especially the cottage industry
Historians had made remarkably studies about capitalism in U.S.
Slavery had a curcial role. It was profitable. Merchants and bankers could accumulate capital thorugh slave labour.
Capitalism is a system developed over time and evolved
Baptist teached at the Cornell University, and made studies about slavery in America.
Meaning of the book squarely in a specific context.
Heartland of the america slavery was the cotton kingdom. Slavery and America developmente were connected.
Great deal of ground
Importation of slaves in the Gulf of Mexico. Baptist estimates one million
He wrote about the centrality of the international slave trade on the national economies, and the violence within that system
Violence explain the remarkable increase of productivity in cotton plantations
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Sellers of slaves were not paternalistic with members of their plantation. Entrepreneurs who saw opportunities for gain.
Young women had high prices due to their physical attractivness. Slaves trades were white men's sexual playground
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Slavestraders, the middlemen, in order to maximize their profits, emphasized labor abilities, humiliating them.
To make people work harder and harder, slavers used incessant beating and bodily mutilation
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White men inflicted far more torture in the cotton kingodm than in any other human society.
The method of labor was called, "the punishing system" or "whipping machine. In modern terms: torture
Baptist explains financial matters, like bonds with slaves as a collateral and planters borrow state's money to acquire land.
When the bubble collpased, planters were full of debts with the bondholders (creditors) and fled
In 1850 cotton economy's propsery returned. Railways permitted the cultavions in new areas and slave owners felt part of the capitalist economy.
Claimed the right to bring the slaves into all territories, causing the opposition ofthe North, the secession and Civil War.
Baptist had a worthy ambition: his research wuold have to reach a wide readership