Tuesday, January 15, 2013

#Africans And African #Slaves Built #Capitalism With Their Expertise

10 Things You Need to Know About Slavery
1) Slavery laid the foundation for the modern international economic system. 
The massive infrastructure required to move 8 to 10 million Africans halfway around the world built entire cities in England and France, such as Liverpool, Manchester and Bordeaux. It was key to London’s emergence as a global capital of commerce, and spurred New York’s rise as a center of finance. The industry to construct, fund, staff, and administer the thousands of ships which made close to 50,000 individual voyages was alone a herculean task. The international financial and distribution networks required to coordinate, maintain and profit from slavery set the framework for the modern global economy.
2) Africans’ economic skills were a leading reason for their enslavement. 
Africans possessed unique expertise which Europeans required to make their colonial ventures successful. Africans knew how to grow and cultivate crops in tropical and semi-tropical climates. African rice growers, for instance, were captured in order to bring their agricultural knowledge to America’s sea islands and those of the Caribbean. Many West African civilizations possessed goldsmiths and expert metal workers on a grand scale. These slaves were snatched to work in Spanish and Portuguese gold and silver mines throughout Central and South America. Contrary to the myth of unskilled labor, large numbers of Africans were anything but.
3) African know-how transformed slave economies into some of the wealthiest on the planet. 
The fruits of the slave trade funded the growth of global empires. The greatest source of wealth for imperial France was the “white gold” of sugar produced by Africans in Haiti. More riches flowed to Britain from the slave economy of Jamaica than all of the original American 13 colonies combined. Those resources underwrote the Industrial Revolution and vast improvements in Western Europe’s economic infrastructure.

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