Top 6 Countries That Grew Filthy Rich From Enslaving Black People October 1, 2013 1. The United States of America Slavery transformed America into an economic power. The exploitation of black people for free labor made the South the richest and most politically powerful region in the country. British demand for American cotton made the southern stretch of the Mississippi River the Silicon Valley of its era, boasting the single largest concentration of the nation’s millionaires. But slavery was a national enterprise. Many firms on Wall Street such as JPMorgan Chase, New York Life and now-defunct Lehman Brothers made fortunes from investing in the slave trade the most profitable economic activity in New York’s 350 year history. Slavery was so important to the city that New York was one of the most pro-slavery urban municipalities in the North. According to Harper’s magazine (November 2000), the United States stole an estimated $100 trillion for 222,505,049 hours of forced labor between 1619 and 1865, with a compounded interest of 6 percent. 2. France With over 1,600,000 enslaved Africans transported to the West Indies, France was clearly a major player in the trade. Its slave ports were a major contributor to the country’s economic advancements in the 18th century. Many of its cities on the west coast, such as Nantes, Lorient, La Rochelle, and Bordeaux, built their wealth through the major profits of triangular slave trade. Between 1738 and 1745, from Nantes, France’s leading slave port, 55,000 slaves were taken to the New World in 180 ships. From 1713 to 1775, nearly 800 vessels in the slave trade sailed from Nantes. By the late 1780s, French Saint Domingue, which is modern-day Haiti, became the richest and most prosperous colony in the West Indies, cementing its status as a vital port in the Americas for goods and products flowing to and from France and Europe. The income and taxes from slave-based sugar production became a major source of the French national budget. Each year over 600 vessels visited the ports of Haiti to carry its sugar, coffee, cotton, indigo, and cacao to European consumers. Does France Owe Haiti $21 Billion? youtube/watch?v=o7ow3zowilk atlantablackstar/2013/10/01/nations-that-benefited-the-most-from-enslaving-african-people/ ******************************* 8 European Nations That Hold ‘Records’ for the Mistreatment of Black People. October 22, 2014 atlantablackstar/2014/10/22/8-european-nations-that-hold-records-for-the-mistreatment-of-black-people/ 10 Real Facts About Slavery That Hollywood Never Gets Right October 15, 2014 1. Rape was a common practice during slavery. The laws in the South embodied a race-based double standard where Black men accused of rape during the period were often punished with castration or death. However, white men could rape enslaved women without any punishment. atlantablackstar/2014/10/15/10-real-facts-about-slavery-that-hollywood-never-gets-right/ ***************************** 8 Ways Slavery Affected Black Families And Still Has An Impact Today October 13, 2014 atlantablackstar/2014/10/13/8-ways-slavery-affected-black-families-and-still-has-an-impact-today/
Posted on: Sat, 25 Oct 2014 12:32:09 +0000
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