De-colonising Capitalism and Trade

Posted: October 18, 2019 in Uncategorized

RIBA-nomics

Consider this piece by Dr Nazeer Ahmed about the Atlantic slave trade although focusing in this extract on the sugar trade;

The introduction of sugar transformed America, Europe and Africa alike. Its impact on history was far greater than that of Mayan gold treasures or the rich silver mines of Mexico. To understand how it happened, it is important to know the process of sugar extraction….

…..the Native Americans were not suited for the kind of backbreaking work required on the sugar plantations. So, labor had to be imported.

At first, Muslim slaves from Portugal and Spain were imported, but it was soon realized that Europe could not meet the increasing demand for labor. African labor was ideally suited for this task

Sugar processing yields molasses as a by-product. Fermented molasses yield rum. Molasses were processed into rum in the factories that sprang up in New England, as well as in…

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