History, 20.03.2020 21:04 payshencec21
Historirian Sven Beckert's book EMPIRE OF COTTON argues that it was the slave laborers of the US that enabled industrialization, especially in northern Europe -- but as we discussed in class, many economic historians question Beckert's selective use of evidence. Nevertheless, should we accept Beckert's central thesis -- which is that cotton production and industrialization were intimately connected both in the US and in Europe?
a
Yes, of course, because the sequence went something like this: demand for raw cotton radically increased in England where the first mechanized thread-making machines (powered by water) finally made it economically feasible for cloth-weavers to make cost-competitive, high-quality cloth. And once that happened, competition for customers was the incentive for innovations in technology. This happened in England, then elsewhere in Europe, then in the USA.
b
No, because Beckert gets too many specific facts wrong, as pointed out in Deirdre McCloskey's critique in The American Historical Review.
c
No, because technology would have come to the US one way or another anyway.
d
No, because Americans and Britons alike preferred wool clothing, due to the cold winters, and consumer preference was determinative in fabric markets.
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Historirian Sven Beckert's book EMPIRE OF COTTON argues that it was the slave laborers of the US tha...
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