Re:Capitalism and Slavery
by yummyfajitas on Thursday May 07, 2015 @02:46PM
(#9507329)
I don't dispute that old-school market economies involved the use of slavery. I just don't know what the point of the article is, beyond perhaps attempting to affiliate "slavery" and "capitalist" moods in our mind.
Capitalism was a term coined in the late 19th Century to refer to the post-feudal economic system that developed through several centuries and was in full swing by the mid-19th century, and overlapped considerably with the use of chattel slavery.
While its critics hadn't yet called it "capitalism", the system which they did get around to calling "capitalism" did not evolve only after the abolition of slavery as you claim.