Economic Growth And The Ending Of The Transatlantic Slave Trade by David Eltis

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This watershed study is the first to consider in concrete terms the consequences of Britain's abolition of the Atlantic slave trade. Why did Britain pull out of the slave trade jus t when it was becoming important for the world economy and the demand for labor around the world was high? Caught between the incentives offered by the world economy for continuing trade at full tilt and the ideological and political pressures from its domestic abolitionist movement, Britain chose to withdraw, believing, in part, that freed slaves would work for low pay which in turn would lead to greater and cheaper products. In a provocative new thesis, historian David Eltis here contends that this move did not bolster the British economy; rather, it vastly hindered economic expansion as the empire's control of the slave trade and its great reliance on slave labor had played a major role in its rise to world economic dominance. T. Publisher: Oxford University Press Year: 1989 Binding: Paperback ISBN: 9780195045635 Condition: Good Description: Owner's Name inside. Moderate tanning; remains of sticker on front cover. Note: This image is from a stock photo and may differ from the actual cover. Show more