320f15 week4

Globalization and CultureCapitalism & Colonialism II

Week 4September 23, 2015

Chapter 4

What do we mean by the term industrial revolution?

Chapter 4

Why was Britain the center of industrialization?

Chapter 4

Why was Britain the center of industrialization?

● Naval power and war● An industry suited to industrializing = cotton● Economic structure that allowed for it to take

advantage of that industry = colonialism

Britain: Slavery and Cotton● Cotton industry - there was money to be made

and it was rapidly expanding, so it attracted investment

●● Machinery was cheap, easy to construct, and

promised quick returns●● Raw materials - extracted from colonies

through slave labor, thus expanding supply; accident of coal supply and steam power

Thomas Jefferson and Slavery

How has US history tended to depict Jefferson’s relationship to slavery?

Thomas Jefferson and Slavery

How did that version of the “paradox” of Jefferson and slavery come to be?

Thomas Jefferson and Slavery

Wiencek’s article suggests several innovations introduced by Jefferson that impacted the development of slavery and capitalism. What were they?

Thomas Jefferson and Slavery

Wiencek’s article suggests several innovations introduced by Jefferson that impacted the development of slavery and capitalism. What were they?

● Industrialization and diversification/division of slave labor

● Recognition of the reproduction of enslaved populations as generating value

● Monetization - use of slaves as collateral

George Mason and Slavery

George Mason and Slavery

● Owned at least 300 slaves

● Did not free any slaves in his will

● Co-authored the Second Amendment to protect the rights of southern militias to hunt escaped slaves

Slavery and Globalization

Why are we talking about 18th century slavery in a class on globalization?

Ta-Nehesi Coates: Reparations

How does this essay by Coates connect to the other readings for this week?

What do you think about the argument he is making about reparations?

http://atlantablackstar.com/2013/08/26/17-major-companies-never-knew-benefited-slavery/

Karl Marx,1818-1883

Marxism 101

● history & class struggle● proletariat & bourgeoisie● commodity● use value & exchange value● labor power● wage labor● surplus value● social reproduction● reserve army