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Slavery in  Britain was abolished in  1807.  “The  civil  rights  movement  of  the 1960s has left  many people with  the belief  that  the  slave  trade  was  exclusively  a  European  and  United  States  phenomenon  and only  white  people  were to blame  for  it.” ( Williams, 2007)  But,  as a  matter of fact, the slave trade flourished in the early middle ages,  as early as the 9th  century,  especially between  Muslim traders and western  African kingdomsKings of the tribes were often selling their own people to the  Spaniards,  Italians, and others.  In the middle ages,  all  European countries outlawed slavery,  but  African kingdoms continued their trade.  Then the  Muslim trade of  African slaves came to an end when  Arab domination was reduced by the  Crusades.  The  USA  fought  with  Morocco,  Algiers,  Tunis  and  Tripoli  in  1801  in  order to  stop  Arab  slave  trade  of  Christians.  The  Dutch were the first to bring black slaves into  North America,  but  black slaves  had  already  been  used  all  over  the  world,  including  South and  Central America.  Eventually,  millions  of  slaves died  on  ships  and  of  diseases,  millions of blacks worked for free to allow the  Western economies to flourish,  and the economic interests in slavery became extremely strong.

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There  are  different  views,  which  support  the  idea,  that  industrial  revolution  was  financed  with  the  help  of  the  capital  created by  slavery,  but  it  is  absolutely  wrong.  Slavery did not create a  major share of the capital that financed the European industrial revolution.  The combined profits of the slave trade and West  Indian plantations did not add up to five  percent  of  Britain's national income at the time of the industrial revolution.  But,  it  is  true  that  European colonists could not have settled and  developed North and  South  America  and  the  Caribbean  without  slave  labor.  “Slave labor did produce the major consumer goods that were the basis of world trade during the eighteenth and early nineteenth centuries:  coffee,  cotton,  rum,  sugar,  and tobacco.”( Davis, 2006).

There is no doubt,  that  slavery  played  critical  role  in  economic development  in  the  pre-Civil  War  United  States.  Crop of slave-grown cotton provided over half of all  United  States export benefits. By 1840, the  South grew  60  percent of the world's cotton and provided a huge percent of the cotton consumed by the British textile industry.  Therefore, slavery paid for a substantial share of the capital,  iron,  and manufactured goods that laid the basis for  American economic growth.  In  addition,  mainly because the South specialized in cotton production,  the  North developed a variety of businesses that provided services for the slave  South,  including  textile  factories,  a  meat  processing industry,  insurance companies, shippers,  and  cotton  brokers.  Moreover,  slavery was capable of producing enormous amounts of wealth. On  the  verge  of  the  Civil  War,  the slave  South had achieved a  level of wealth not matched by Spain or Italy until the eve of  World  War  II  or by Mexico or  India until  1960.  As late as the  1850s,  the slave system in the  United  States was expanding and slave owners were confident about the future.  But,  abolitionists,  despite the fact that slavery was profitable felt that slavery degraded labor,  inhibited urbanization,  mechanization  and industrialization,  stifled progress, and associated slavery with economic backwardness,  inefficiency, and economic and social collapse.  “When the  North  started  war  on  slavery,  it was  not  because  it  had overcome  racism, but  rather  it was because  Northerners  identified  their society with  progress  and viewed  slavery  as  an  obstacle  to innovation,  moral improvement,  free  labor,  and commercial  as  well  as   economic  growth.” ( Davis, 2006)  Fortunately,  with  the  use  of modern  technique  the  use  of  slaves  was  no  more  profitable.

As it was said above,  slavery was always a  result of the desire of great powers to gain wealth with the help of cheap labor.  During  the  age  or  Renaissance  as  well  as  during  Enlightenment  slaves  were  used  for  the  same  purpose.  The  fact,  that  the  kings  of  the  African  tribes  were  co-operating  with  slaveholders,  explains  why  entire  process  was  very  easy.

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