EDWARD E. BAPTIST: Some fundamental assumptions about the history of slavery and the history of the United States remain strangely unchanged. The first major assumption is that, as an economic system—a way of producing and trading commodities—American slavery was fundamentally different from the rest of the modern economy and separate from it. Stories about industrialization emphasize white immigrants and clever inventors, but they leave out cotton fields and slave labor. This perspective implies not only that slavery didn’t change, but that slavery and enslaved African Americans had little long-term influence on the rise of the United States during the nineteenth century, a period in which the nation went from being a minor European trading partner to becoming the world’s largest economy—one of the central stories of American history. […] From 1783 at the end of the American Revolution to 1861, the number of slaves in the United States increased five times over, and all this expansion produced a powerful nation. For white enslavers were able to force enslaved African-American migrants to pick cotton faster and more efficiently than free people. Their practices rapidly transformed the southern states into the dominant force in the global cotton market, and cotton was the world’s most widely traded commodity at the time, as it was the key raw material during the first century of the industrial revolution. The returns from cotton monopoly powered the modernization of the rest of the American economy, and by the time of the Civil War, the United States had become the second nation to undergo large-scale industrialization. In fact, slavery’s expansion shaped every crucial aspect of the economy and politics of the new nation—not only increasing its power and size, but also, eventually, dividing US politics, differentiating regional identities and interests, and helping to make civil war possible. The idea that the commodification and suffering and forced labor of African Americans is what made the United States powerful and rich is not an idea that people necessarily are happy to hear. Yet it is the truth. More here.
