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Edward baptist the half was never told5/19/2023 Baptist gives British technical innovation its due, contrary to the assertion in Oldstead-Rhode.Īs for b), Olmstead-Rhode's problem with Baptist's theory is in the value of the testimony of slaves who worked on those plantations. This argument is based not only on the value slaves provided via free labor, but also on the establishment in support of slavery (and land grab from Indians) of banks and credit markets and other tools of modern finance that exist to this day (and still cause major recessions). They question a) the premise that slavery was the primary driver of the industrial revolution rather than a failing antiquated economic model, and b) that torture was the primary driver of productivity gains by slaves in the cotton fields.Īs far as a) is concerned, Baptist is quite clear that he means slavery was the primary driver of economic growth in the U.S., not worldwide. The authors are clear at the start that they do not doubt the horrific history of slavery recounted in Baptist and other NHC literature. The authors are clear at the start that they do not doubt the horrific history of slavery recounted in Baptis …more Just looked at the Columbia Law article. Dubi Just looked at the Columbia Law article.
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