The Importance of Slavery and the Slave Trade to Industrializing Britain

TitleThe Importance of Slavery and the Slave Trade to Industrializing Britain
Publication TypeJournal Article
Year of Publication2000
AuthorsEltis, D, Engerman, SL
JournalThe Journal of Economic History
Volume60
Pagination123-144
ISBN Number0022-0507
KeywordsEconomic growth, Economic history, Industrial development, Slave trade, Studies, Sugar industry
Abstract

  John Stuart Mill's comment that the British Caribbean was really a part of the British domestic economy, because almost all its trade was with British buyers and sellers, is used to make a new assessment of the importance of the eighteenth-century slave systems to British industrialization. If the value added and strategic linkages of the sugar industry are compared to those of other British industries, it is apparent that sugar cultivation and the slave trade were not particularly large, nor did they have stronger growth-inducing ties with the rest of the British economy.