Posts tagged british colonialism

Capitalism & Slavery

This book does an excellent job of showing exactly how the development of British capitalism was dependent on slavery.┬áThe author is Eric Williams, an obscure PhD student at the time of writing, but later in life to become Prime Minister of Trinidad & Tobago. Williams goes through his evidence in systematic detail, examining British economic and political development in the 17th, 18th and 19th centuries and showing the role of slavery at every turn. Great banking families like the Barclays and the Barings got their start as slave traders. Insurance… Read More