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In as much as many feel that the slave trade was unnecessary, other like Dauline Guillaume felt that the trade was so beneficial to Europe. According to him, the success of the industrial revolution would hardly have been achieved wasn’t it for the slave trade. They say that “hardly any Branch of Commerce in which this Nation is concerned that does not derive some advantage from it (Slave trade)”. Some of the reasons they cite on how the slave trade was important to Britain include; Supply of cheap labor to the industries in Europe, stimulated consumerism, slave trade boosted the levels of profits realized by investors among other reasons. Thus the Atlantic trade consequently came with more and bigger markets for the final products from Britain which means that the British investors were able to amerce wealth and profits. larger profits to British investors, more and cheaper raw materials for emerging industrial sectors, and more incentives for British consumers than were offered by domestic industries or other foreign markets”. “Likewise profits earned from slavery were not only large, they were particularly likely to be invested into banks, textile factories, or canals, all of which were of huge importance to the industrialization process”. These profits played a significant role since these profits were not only spent on expansion of plantations and trading, but also invested in other mechanism which included the textile factories and canals, both of which contributed significantly in the growth of British capitalism.

Between 1820 and 1830 over 30% of United States exports were destined for Britain, while the US procured approximately 16% of the imports from Britain. These imports from Britain made about 40% of what went to the US. The huge demand for Southern cotton by the industries in Britain inspired the development of the cotton kingdom; which led to a mushrooming of privately and state-owned banks. This consequently led to an increase in the level of borrowing especially loans for development. This slave trade enabled Britain to have a wider array of colonies. This in turn led to the growth of British capitalism. If these empires never came about, Britain would not have established trading partners with, thus, no profits would have been realized.

           The second article by Eltis, David, and Stanley introduces the aspect of profitability as a result of the slave trade in the context of France. The wealthy merchants who were able to provide capital for the slave trade accumulated a lot of wealth which was used to spur the growth of economies in their regions. England, being the center of the trade in Europe accumulated a lot of capital, which was crucial for the rise of the industrial revolution. To expand, academics David Eltis and Stanley L. Engerman fundamentally claim that though the West Indian sugar economy may have been large, it was no larger than many industries in Britain’s domestic economy[ ]. In their view, the seventeenth and eighteenth century represents Britain constructing an identity based on free labor and individualism, without paying attention to the slave labor based on race in the Caribbean and America’s, so as ideas evolved, the Modern West realized that it could no longer live with this cognitive dissonance, therefore, the empire transitioned into an ideologically free In total, Eltis and Engerman claim that yes, the slave trade had an impact on the rise of the Industrial Revolution, but so did industries such as iron and coal. In their final analysis, it is truly hard to believe that the Industrial Revolution wouldn’t have happened without slave labor. Unambiguously, no matter what role slave labor played in igniting the Industrial Revolution, there is no doubt that it was an institution that oppressed Africans and is perhaps the biggest moral stain of the Western world. Indeed, the words free trade, slave trade and industrialization are synonyms. Notably, by the seventeenth century, the new cultural and economic network of the slave plantation system and New World silver had ushered in the era of early capitalist globalization in part of the Atlantic region.