Seymour Drescher
Broschiertes Buch

The Mighty Experiment

Free Labor Versus Slavery in British Emancipation

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By the mid-eighteenth century, the transatlantic slave trade was considered to be a necessary and stabilizing factor in the capitalist economies of Europe and the expanding Americas. Britain was the most influential power in this system which seemed to have the potential for unbounded growth. In 1833, the British empire became the first to liberate its slaves and then to become a driving force toward global emancipation. There has been endless debate over the reasons behind this decision. This has been portrayed on the one hand as a rational disinvestment in a foundering overseas system, and o...