re: Black leadership group releases new blueprint for blacks based on MAGA

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Now 16 scholars are helping to set the record straight by exploring the true ties between 19th century economic development and a brutal system of human bondage in the 2016 book Slavery’s Capitalism: A New History of American Economic Development.

Contrary to popular belief, the small farmers of New England weren’t alone responsible for establishing America’s economic position as capitalism expanded. Rather, the hard labor of slaves in places like Alabama, South Carolina, and Mississippi needs to be kept in view as well. In fact, more than half of the nation’s exports in the first six decades of the 19th century consisted of raw cotton, almost all of it grown by slaves, according to the book, which was edited by Sven Beckert, the Laird Bell Professor of History at Harvard University and visiting professor at HBS, as well as Seth Rockman, Associate Professor of History at Brown University.

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