"while we often conceive of slavery as confined to Southern states, in reality it was connected to the entire American financial system and helped build fortunes across the country and the world."

Documenting Links Between Financial and Insurance Institutions and Slavery
https://www.hailegal.com/documenting-links-between-financial-and-insurance-institutions-and-slavery/

#America #USA #ChattelSlavery #Slavery #WhiteSupremacy #TransAtlanticSlaveTrade #RacialCapitalism #USCivilWar #CivilWar #Abolition #BlackHistoryMonth

Slavery Insurance | Banks Involved in Slavery | Institutions of Slavery

On June 7, 2022, the House Committee on Financial Services, Subcommittee on Oversight and Investigations, and all House Subcommittee Chairs, sent requests to the nation’s top banks, property and casualty insurance companies, and life insurance companies inquiring about their historical ... <div><a href="https://www.hailegal.com/documenting-links-between-financial-and-insurance-institutions-and-slavery/" class="more-link">Read More</a></div>

"Slavery may have ended—at least officially—in Massachusetts by 1783, but the ties between Harvard University & slavery continued. Beginning in the colonial period and continuing well into the 19th century, the University & its donors benefited from extensive financial ties to slavery."

Financial Ties: Harvard and the Slavery Economy
https://legacyofslaveryreport.harvard.edu/report/financial-ties-harvard-and-the-slavery-economy

#America #USA #ChattelSlavery #Slavery #WhiteSupremacy #TransAtlanticSlaveTrade #RacialCapitalism #Abolition #BlackHistoryMonth

Financial Ties: Harvard and the Slavery Economy | Radcliffe Institute for Advanced Study at Harvard University

Slavery may have ended—at least officially—in Massachusetts by 1783, but the ties between Harvard University and slavery continued. Beginning in the colonial period and continuing well into the 19th century, the University and its donors benefited from extensive financial ties to slavery.

Radcliffe Institute for Advanced Study at Harvard University

"These historic systems are often erroneously reduced to a social institution that benefited only a few inhumane families in the Mississippi Valley, and thereby accredited to a small part largely culminating with the the Civil War."

America, the House That Slavery Built
https://psmag.com/news/america-the-house-that-slavery-built/

#America #USA #ChattelSlavery #Slavery #WhiteSupremacy #TransAtlanticSlaveTrade #RacialCapitalism #USCivilWar #CivilWar #Abolition #BlackHistoryMonth

America, the House That Slavery Built

By minimizing how we talk about slavery, we ignore its profound impact on the development of the American economy.

Pacific Standard
Finally #Americanism, the #1776Declaration, combines Haiti style #chattelslavery of "property" with a #childrape breeding culture of #Columbus and #Jefferson, with overt hatred for Metis, Acadian, Quebecois "Papist" half-breeds, defining women as nothing despite 4 ruling Queens in prior 2 centuries.
The Hidden Black Society They Don’t Teach You About

YouTube

"You can't take freedom for granted."

Sudhir Hazareesingh discusses how the enslaved themselves resisted their oppressors. Podcast with Tanjil Rashid: https://castbox.fm/episode/Has-history-overlooked-the-enslaved-who-fought-for-freedom--|-Sudhir-Hazareesingh-interview-id2050977-id849073538

You may note the absence of the podcast on the New Statesman website: https://www.newstatesman.com/author/tanjilrashid🧶

#property #ownership #slavery #chattelSlavery #history #BlackMastodon #anthropology #podcast #book #bookStodon #Jamaica #Barbados #abolition #resistance

Has history overlooked the enslaved who fought for freedom? | Sudhir Hazareesingh interview

<p>The abolition of the slave trade and of slavery itself in the 19th Century is generally understood to have been instigated by European and American a...

Castbox

(continued)

from the backcover of the book:

"The forces set in motion by the slave and plantation trades seeped into almost every aspect of the economy and society. In textile mills, iron and copper smelting, steam power, and financial institutions, slavery played a crucial part. Things we might think far removed from the taint of slavery, such as eighteenth-century fashions for indigo-patterned cloth, sweet tea, snuff boxes, mahogany furniture, ceramics and silverware, were intimately connected. Even London’s role as a centre for global finance was partly determined by the slave trade as insurance, financial trading and mortgage markets were developed in the City to promote distant and risky investments in enslaved people."

@bookstodon @histodons 🧶

#book #trade #trading #finance #London #slavery #investements #capitalism #chattelSlavery #deportation

To meet this artificial demand, the plantation system laid the foundations for the future capitalist organisation of labour and production. The sugar industry at the time was a ‘synthesis of the field and the factory’, a veritable “agribusiness” that was ‘unlike anything known in Europe at the time’. Sugar cane juice had to be processed quickly after harvesting to produce sugar crystals and molasses, which, when distilled, produced rum, a product that would soon become popular on European markets as well.

Plantation farming was therefore an integrated system that required major innovations for the time in order to organise and improve production. The accounting system put in place made it possible to calculate yields more accurately and, as a result, to cut back on the ‘needs’ of slaves in terms of food, housing and clothing in order to extract as much value as possible.

#exploitation #whiteSupremacy #whiteFragility #chattelSlavery #industry #innovation #productivity

In 1776, Scotsman Adam "Smith noted that the British West Indian sugar plantations were so profitable they their returns from rum exports, a byproduct of sugar production, paid for the entire overhead expenses of a sugar plantation. As far as Smith was concerned, this was an achievement without parallel in eighteen-century British imperial agriculture."

(excerpt from Seymour Drescher’s book "The Mighty Experiment: Free Labor versus Slavery in British Emancipation")

#AdamSmith #economics #economy #slavery #chattelSlavery #WestIndies #agriBusiness #agriculture #sugar #Caribbean #lineofColor #systemicRacism #capitalism #whiteSupremacy #rum #accumulation #transatlantic #trade #slaveTrade #deportation #economics #BritishEmpire #BritishIsles #Tobago #Jamaica #Barbados

"The first aspect of the foundation of capitalism is [that] the African woman's womb is capital producing, and that's a difference, the fundamental difference between other forms of indentured servitude...My mantra is capitalism is the highest form of organized crime, founded on stolen land, stolen people, and genocide." - Dr. S.E. Anderson

Join Dr. S.E. Anderson on the Resistant Communiqués Podcast as we explore the complex interplay between race and class. Explore chattel slavery and its foundational role in capitalism. Discover how the exploitation of African women's bodies and wombs as capital laid the groundwork for systemic inequalities that persist today. Uncover the truths of African and Black history in the U.S. with us.

Listen + Study + Learn: https://bit.ly/RC_SAnderson
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#BlackHistory #BlackLiberation #AfricanWomen #ChattelSlavery #Capitalism #ClassRelations #RaceRelations #PeoplesHistory #Resistance #ResistantCommuniques #Podcast #History