LABR 1F99 Lecture Notes - Lecture 4: White Supremacy, Milion, North West England
Document Summary
The origins of capitalism: europe, africa and the americas. Key concepts: racism, slavery, (origins of cap) enclosure, colonization, labour market, and feudalism. The atlantic economy: transatlantic trade in enslaved africans. Dutch, spanish and british looking overseas for wealth, resources. Planting crops which became plantations, mining copper, gold, etc. Europeans, dutch, americans, etc. all turned to slavery. The trade triangle: european capital, african labour, and indigenous land and resources combined to supply european market: lasted 400 years. Slavery and capitalism in western europe social life of western europe in the 18th century depended on the products of slave labour. Many merchants and investors made fortunes from the trade. Landowners also had estates in the caribbean, which provided them with large incomes the profits of slavery stimulated european economic growth and the growth of capitalism. Demand for goods to trade in africa and the goods, particularly cotton, brought back from the americas encouraged trade and industry in the.