The Racist Dawn of Capitalism | Boston Review

“At the heart of Edward Baptist’s The Half Has Never Been Told is the claim that the profits and accumulations of slavery contributed to the formation of contemporary capitalism. Like Beckert, he turns to the history of the cotton industry, though he focuses on the United States from the colonial era to the end of the Civil War. Yet if Beckert’s story is the world the slave owners made, Baptist’s is the world made by the slave. “Enslaved African Americans built the modern United States,” he declares, “and indeed the entire modern world, in ways both obvious and hidden.” We know the claim that enslaved African Americans built the modern United States is not new. This “half” has, in fact, been told—multiple times and more often than not by black writers, some of whom are fleetingly mentioned in Baptist’s footnotes. But the claim that African Americans built the world is simply wrong. Baptist’s book is marked by such rhetorical excesses, which lend themselves to a blinkered and narcissistic American exceptionalism. The result is an oversimplified view of capitalism and slavery that ignores the historical contributions to modernity of Africans in the Caribbean and in Africa itself.”

Source: The Racist Dawn of Capitalism | Boston Review