transatlantic slave trade
Facts (20)
Sources
Ottobah Cugoano on British Slavery, National Debt, and Speculative ... jmphil.org Jan 24, 2025 8 facts
claimOttobah Cugoano argues that the transatlantic slave trade was both a cause and an effect of the British national debt.
claimBetween 1694 and 1834, the transatlantic slave trade served as the primary mechanism used by British Treasury financiers to manufacture a state of constant moral and economic crisis.
perspectiveThe author argues that the debates surrounding the formation of the British national debt during the transatlantic slave trade reveal a crisis of economic injustice involving universal complicity in funding imperialism and war that persists today.
claimOttobah Cugoano's work 'Thoughts and Sentiments' serves as a response to Adam Smith, contrasting Smith's optimistic view of unregulated capitalism with Cugoano's apocalyptic Christian warning regarding the economic and moral disaster of the transatlantic slave trade.
claimOttobah Cugoano argued that the British national debt was instrumental in facilitating the transatlantic slave trade and other projects of British imperialist violence.
accountThe South Sea Company held a charter to consolidate the British national debt by utilizing the presumed commercial profits derived from the transatlantic slave trade.
referenceMatthew David Mitchell’s study on the economics of British participation in the transatlantic slave trade identifies three reasons for the commercial failure of human trafficking in the late seventeenth century: poorly selected goods, slave mortality, and the difficulty of collecting cash debts from colonial purchasers.
referenceCedric Robinson, in his book 'Black Marxism' (1983), argues that the origins of industrial capital in the transatlantic slave trade were apparent to Herman Merivale, Karl Marx, Eric Williams, Roderick McDonald, and Joseph Inikori.
Slavery, the Slave Trade, and Brown University slaveryandjusticereport.brown.edu 3 facts
claimBrown University developed during the era of the transatlantic slave trade and the early abolitionist movement.
accountIn 1784, anti-slavery activists presented a bill to the Rhode Island Assembly to abolish slavery in the state and to end Rhode Island's participation in the transatlantic slave trade.
claimTallmadge argued in the House of Representatives that the transatlantic slave trade was "repugnant to the laws of God" and a violation of the principles of the Declaration of Independence, which he asserted established liberty as the birthright of every individual.
What's the difference between having no choice and being forced to ... opendemocracy.net Nov 30, 2017 2 facts
perspectiveLabeling contemporary unfree labor as 'modern slavery' or 'trafficking' may obscure important differences in the status and conditions of those who are 'forced to choose' versus those who were caught in the transatlantic slave trade.
claimIn the past two decades, various forms of unfree labor have been increasingly compared to chattel slavery, and the movement of people into such labor, termed 'human trafficking,' has been compared to the transatlantic slave trade.
'The Lehman Trilogy' and Wall Street's Debt to Slavery reparationscomm.org Nov 10, 2021 2 facts
claimThe U.S. House Judiciary Committee identified Lehman Brothers, Aetna Casualty Insurance, New York Life Insurance, Brooks Brothers, and J.P. Morgan Chase as companies that benefited from the transatlantic slave trade.
claimThe U.S. House Judiciary Committee held a hearing on the legacy of the transatlantic slave trade one year before the collapse of Lehman Brothers.
'The Lehman Trilogy' and Wall Street's Debt to Slavery nybooks.com Jun 11, 2019 2 facts
accountOne year before the collapse of Lehman Brothers, the House Judiciary Committee conducted a hearing on the legacy of the transatlantic slave trade.
claimThe House Judiciary Committee identified Lehman Brothers, Aetna Casualty Insurance, New York Life Insurance, Brooks Brothers, and J.P. Morgan Chase as historic companies that benefited from the transatlantic slave trade.
Chattel Slavery Vs Indentured Servitude - History Oasis historyoasis.com Feb 16, 2023 1 fact
accountChattel slavery in the Americas originated from the transatlantic slave trade, which involved the kidnapping and transportation of millions of Africans to work in plantations and mines.
Modern Slavery and Human Trafficking in Latin America latinamericanperspectives.com 1 fact
claimThere are currently more slaves in the world than the total number of people resulting from the Transatlantic Slave Trade in the Americas.
Understanding Historical Slavery, Its Legacies, and Its Lessons for ... link.springer.com Jan 22, 2019 1 fact
referenceKaren E. Bravo authored 'The Role of the Transatlantic Slave Trade in Contemporary Anti-Human Trafficking Discourse', published in the Seattle Journal for Social Science in 2011.