"In order to understand the brutality of American capitalism, you have to start on the plantation"
Slavery helped turn America into a financial colossus. And our economy is still shaped by management practices invented by enslavers and overseers.
www.nytimes.com
"In the United States, the richest 1 percent of Americans own 40 percent of the country’s wealth, while a larger share of working-age people (18-65)
live in poverty than in any other nation belonging to the Organization for Economic Cooperation and Development (O.E.C.D.)."
"The surprising bit has to do with the many eerily specific ways slavery can still be felt in our economic life. “American slavery is necessarily imprinted on the DNA of American capitalism,” write the historians Sven Beckert and Seth Rockman. The task now, they argue, is “cataloging the dominant and recessive traits” that have been passed down to us, tracing the unsettling and often unrecognized lines of descent by which America’s national sin is now being visited upon the third and fourth generations."
and
America Is in Denial About Its British Imperialist Origins:
"the history of slavery is also the history of the colonialism, of empire, and of the largest empire in human history, run by Great Britain. It might drive some commentators mad to hear it, but if you want to truly understand American history, you really need to understand British imperial history."