Slavery and Economic Growth during the Age of Abolition, 1783-1807
My project revisits one of the most contested themes in the historiography of British West Indian slavery and abolition. It provides some robust figures on the wealth of Jamaica and other British West Indian colonies by outlining the productivity and increasing efficiency of their economies, and hence, shows that the decision to abolish slavery was, as Seymour Drescher suggested long ago but without the empirical economic evidence to support his contentions, an economically bad decision. As such, it makes not just a strong economic argument but a compelling political argument, challenging the long-held views of Eric Williams in Capitalism and Slavery who argued that Britain abolished the slave trade in 1807 because the British West Indian plantation colonies declined in profitability and importance. This talk is part of the GLC Brown Bag Lunch Series. Bring your lunch and we’ll provide the drinks & dessert.