Powerpoint on The Transatlantic Slave Trade
Today’s Outline
The Rise of Europe: Mercantilism and the Transatlantic Slave Trade
Recap: Spanish Imperialism and the Rise of the New World Economy
Today: The New World Economy and the Transatlantic Slave Trade
The Big Idea: Why Did England and France Rise on the Global Stage While Spain Faltered?
Reminder: Reading Response Survey is due tonight
Picking Up From Last Time: The Decline of the Spanish Empire
Why did the Spanish Empire decline? explored through guiding questions
War and Waste: Recreating the Roman Empire? difficulty and overextension
“Owned the Cow but Did Not Drink the Milk”: challenges of early modern empire (opportunity costs, resource extraction vs. embedded governance)
Asia Holds Onto the Center: ¾ of American silver flowed to China; Potosí (modern-day Bolivia) as a key source of silver
How Does One Do This Colonialism Business Right? Turning Towards Adam Smith
Question: How might colonies help their home countries rather than hinder them? (economic rationale behind mercantilist thinking and laterSmithian critique)
While Spain’s Empire Faltered, the English Empire Thrived. Why?
The Mercantilist System: emphasis on accumulating resources and fostering domestic industry
The Global Market: shift from cash crops (tobacco, sugar) to consumer goods; rising global demand
The National Market: imperial trade integration into a European-wide economic system
All Ushering in the Rise of a New World Economy
One Missing Ingredient: Labor
The crucial missing piece for the colonial and plantation economies: labor force (enslaved Africans) to meet sugar and other commodity demands
Why Transatlantic Slavery?
The challenges of sugar cultivation: labor-intensive and land-intensive agricultural systems
Europeans in the Tropics: seventeenth-century death sentences and brutal conditions as part of the plantation system
The Portuguese Experiment: African exploration and the plantation system as a proto-model for Atlantic slavery
What Can This Image Tell Us About Transatlantic Slavery? How Does it Differ from Slavery in Other Societies (e.g., Ottomans)?
Visual and textual sources (e.g., Olaudah Equiano) illuminate the brutality, codified racial hierarchies, and the particular regime of chattel slavery in the Atlantic
Differences from Ottoman/other slave systems: hereditary chattel status, race-based bondage, and plantation economy versus other forms of servitude and debt bondage in different regions
The Transatlantic Slave Trade and the Transformation of the Atlantic World
The Slave Trade and the Americas:
Rise of European ecologies (ecological impact of cash-crop economies, new crops, diseases, etc.)
Rise of race and necropolitics (racialization and the politics of death/deportation associated with slavery)
Rise of settler colonies (European settlement patterns shaped by slave labor and colonial planning)
The Slave Trade and Europe:
Rise of manufacturing, trade, and capitalism (inputs from slave labor fueling European industry and finance)
The Slave Trade and Africa:
Decline in population, economic productivity, and state capacity due to the slave trade and disruption of traditional structures
Key statistics:
12 imes 10^6 (12 million) Africans forcibly exported from Africa to the Americas
5 imes 10^6 (5 million) Africans killed or died during the middle passage or as consequence of the slave system
96\% of enslaved Africans were sent to plantations in Latin America and the Caribbean (as opposed to North America)
The Triangle Trade in Art: William Blake – Europe Supported by Africa and America (1796)
Iconography and propaganda surrounding the triangular trade; how art reflects and reinforces geopolitical and racial ideologies
Wrapping Up – The “New World” Economy Takes Shape
Overall big changes introduced by the New World economy:
Globalized: integrated global trade networks across continents
Hegemonic: European powers’ dominance in global commerce and political influence
Winners and Losers: uneven benefits across regions and groups
Biological Transformation: ecological and demographic changes driven by colonization and slave systems
Moving Forward – The Reformation: What Difference Did It Make?
Link between religious upheaval and political/national state formation
Implications for England, France, and broader European state construction
Revolutions and state-building in England as part of broader shifts in governance and sovereignty
Cross-cutting connections to prior lectures
Continuity with discussion on Spanish imperialism and the rise of the New World economy
Foundations of mercantilism and emerging capitalist dynamics
Early forms of global economic integration and the ethical, political, and social implications of slavery and colonial economies
Key themes to remember for exams
Mercantilism vs. early capitalism: how state policy and trade networks supported growth
The role of labor in the plantation system and the centrality of the Transatlantic Slave Trade to the Atlantic world economy
How Africa, Europe, the Americas were interdependent through commerce, migration, and coercive labor systems
The racialization of slavery and its long-term social and political consequences
The shift from a Spain-centered world to a Europe-centered world economy and political order
Notable figures and sources to review
Olaudah Equiano (as a primary account of the transatlantic slave experience)
William Blake (artistic representation of the Triangle Trade)
Adam Smith (questions about the role of colonies and the benefits of colonies to the home country)
Glossary of key terms to recall
Mercantilism, cash crops, plantation system, transatlantic slave trade, necropolitics, settler colonies, proto-industrialization, geopolitical economy, navigation of colonial markets