McCloskey, Deirdre Nansen (2009): Slavery and Imperialism Did Not Enrich Europe.
Download (175kB) | Preview
Since trade was not an engine, neither was a part of trade, such as the trade in slaves. And certainly the profits from the trade did not finance the Industrial Revolution. Imperialism, too, was a mere part of trade, and despite the well-deserved guilt that Europeans feel in having perpetrated it, it was not an engine of their growth. Stealing from poor people is not a good business plan. Certainly the possession of India did little for the great British public, except tax them for the Navy. That Europeans did not benefit from imperialism does not mean that imperialism was good for the imperalized. That a thief kills his victim does not add to the thief’s monetary profit, and some imperialism was certainly killing. The cases of simple theft, such as the Belgian Congo, did nothing to enrich the average Belgian. Nor have internal imperialisms, such as apartheid, been profitable. The episode of economic success in Europe came from domestic sources of innovation, not from exploitation.
|Item Type:||MPRA Paper|
|Original Title:||Slavery and Imperialism Did Not Enrich Europe|
|Keywords:||trade, industrial revolution, imperialism, England, slavery, europe, innovation, economic innovation|
|Subjects:||N - Economic History > N7 - Transport, Trade, Energy, Technology, and Other Services > N73 - Europe: Pre-1913
N - Economic History > N7 - Transport, Trade, Energy, Technology, and Other Services > N70 - General, International, or Comparative
N - Economic History > N0 - General
|Depositing User:||Susan MacDonald|
|Date Deposited:||16. Feb 2010 00:25|
|Last Modified:||12. Feb 2013 03:34|
Ardagh, John. 1991. Germany and the Germans: After Unification, New Revised Edition. London: Penguin.
Aron, Raymond. 1983. Memoirs. George Holoch, tr., abridged edition; New York: Holmes and Meier, 1990. Comte-Sponville, André. 1996. A Small Treatise on the Great Virtues. New York: Henry Holt, Metropolitan/Owl Books, 2001
Cowper, William. 1785. “The Task.” At http://www.luminarium.org/eightlit/cowper/cowperbib.php
Davis, Lance E., and R. A. Huttenback. 1986. Mammon and the Pursuit of Empire: The Economics of British Imperialism. Cambridge: Cambridge University Press. And a shorter version in 1988 with Susan G. Davis as co-author, to which reference is made.
Eagleton, Terry. 1996. Heathcliff and the Great Hunger: Studies in Irish Culture. London: Blackwell Verso.
Eltis, David, and Stanley L. Engerman. 2000. "The Importance of Slavery and the Slave Trade to Industrializing Britain.” Journal of Economic History 60: 123-44.
Emmer, P. C. 2003. “Low Countries: Dutch Empire.” In Mokyr, ed., Oxford Encyclopedia of Economic History.
Engerman, Stanley L. 1972. “The Slave Trade and British Capital Formation in the Eighteenth Century: A Comment on the Williams Thesis.” Business History Review 46: 430-443.
Feinstein, Charles H. 2005. An Economic History of South Africa: Conquest, Discrimination and Development. Cambridge: Cambridge University Press.
Goldstone, Jack A. 2009. Why Europe? The Rise of the West in World History, 1500-1850. New York: McGraw-Hill.
Landes, David S. 1998. “East is East and West is West.” Pp. 19-38 in Maxine Berg and Kristine Bruland, eds., Technological Revolutions in Europe: Historical Perspectives. Cheltenham: Elgar.
Landes, David S. 1998. The Wealth and Poverty of Nations: Why Some are So Rich and Some So Poor. New York: W.W. Norton.
Landes, David S. 2006. Dynasties: Fortune and Misfortune in the World’s Great Family Businesses. New York and London: Penguin.
Maddison, Angus. 1965. Industrial Growth and World Trade. National Institute of Economic and Social Research. Cambridge: Cambridge University Press.
Maddison, Angus. 2006. The World Economy. Comprising The World Economy: A Millennial Perspective (2001) and The World Economy: Historical Statistic (2003) bound as one. Paris: Organization for Economic Cooperation and Development.
Maddison, Angus. 2007. Contours of the World Economy, 1-2030 AD. Oxford: Oxford University Press.
O'Brien, Patrick K., and Leandro Prados de la Escosura. 1999. “Balance Sheets for the Acquisition, Retention and
Olmstead, Alan L., and Paul W. Rhode. 2008a. “Biological Innovation and Productivity Change in the Antebellum Cotton Economy.” Journal of Economic History 68: 1123-1171.
Olmstead, Alan L., and Paul W. Rhode. 2008b. Creating Abundance: Biological Innovation and American Agricultural Development. New York: Cambridge University Press.
Pakenham, Thomas. 1991. The Scramble for Africa: White Man’s Conquest of the Dark Continent, 1876-1912. New York: Random House.
Paton, Alan. 1948. Cry, the Beloved Country. London: Jonathan Cape. Parktown, South Africa, 1987.
Prakash, Om. 2003. “India: Colonial Period.” In Mokyr, ed., Oxford Encyclopedia of Economic History.
Richardson, David. 2003. “Slave Trade.” In Mokyr, ed., Oxford Encyclopedia of Economic History.
Rousseau, Jean-Jacques. 1755. A Discourse upon Political Economy. Liberty Fund Ed. Online Library of Liberty.
Smith, Adam. 1776. An Inquiry into the Nature and Causes of the Wealth of Nations. Glasgow Edition. Campbell, Skinner, and Todd, eds. 2 vols. Indianapolis: Liberty Classics, 1976, 1981