Gavin Wright > Quotes

“POLITICS, MARKETS, AND SLAVE PRICES The price of slaves was a pervasive center of attention in the antebellum South. Slave prices were a common topic of everyday conversation and a frequent object of discussion in southern newspapers. Protecting the value of slaveholdings dominated judicial rulings in estate settlements, liability cases, and other areas of the law. References to the enormous aggregate dollar value of slave property were a standard feature of proslavery political rhetoric. For example, fire-eater William Lowndes Yancey exclaimed to a Louisville audience on the eve of the 1860 presidential election: “Again: Look at the value of that property. These slaves are worth, according to Virginia prices $2800,000,000 … Twenty-eight hundred millions of dollars are to be affected by the decision of this question.”
― Gavin Wright, Slavery and American Economic Development

“Americans have found it particularly difficult to come to terms with our “slave origins,” perhaps because the national history of the United States makes it easy to forget that the thirteen mainland colonies were only a part of the larger trading network of the British Empire, and the northern states all abolished slavery within two decades of the American Revolution. But in the colonial era, slavery was legal in all parts of British America, and it was economically significant even in many areas that later became free states. Slave labor was used successfully in such”
― Gavin Wright, Slavery and American Economic Development

“As the international economist Ronald Findlay argues, “slavery was an integral part of a complex intercontinental system of trade in goods and factors within which the Industrial Revolution, as we know it, emerged. Within this system of interdependence, it would make as much or as little sense to draw a”
― Gavin Wright, Slavery and American Economic Development

“What changed at the end of the eighteenth century, therefore, was not so much the discovery of a fundamentally new concept in human relations but the emergence of a political movement universalizing what until then had been largely a local and territorial impulse. This insight helps to explain the speed of change. What is notable for our purposes is the dualistic or two-sided character of the free-air principle. On the one hand, it reflected views about what was proper in human relationships, a sense of the wrongness of enslavement. But on the other hand, it had an exclusivist side, a statement of pride in national identity, coupled with a determination to prevent established relationships from being disrupted by the”
― Gavin Wright, Slavery and American Economic Development

“It was not that “slave trade profits” flowed through some fiendish channels into the dark satanic mills. But the burgeoning Atlantic trade of the eighteenth century derived its value from the products of slave labor and would have been much diminished in the absence of slavery. As sugar became an item of common consumption in Britain, the sugar trade provided a powerful stimulus for a diverse range of occupations and ancillary activities, especially in London.”
― Gavin Wright, Slavery and American Economic Development