I’m sorry but you’re just wrong and this downplaying of the centrality to slavery, slave-produced cotton, tobacco and sugar and rum, as well as the financialization of the enslaved is just another way to justify our founding myths.https://www.nytimes.com/interactive/2019/08/14/magazine/slavery-capitalism.html …
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If you’re not adding to the debate and you’re not invested in founding myths, then you’re just casually letting 430K followers know that the consensus of trained historians who’ve spent decades proving slavery’s centrality to US development is “wrong” because...why?
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Replying to @davidhuyssen @mattyglesias and
because the notion that economic growth can be driven by "bad" things like slavery is very hard for him, and many others like him, to swallow
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The most basic one is that the claims about slavery as a percentage of the economy is based on a faulty understanding of national accounts. Baptist and others didn’t seem to understand the difference between stocks and flows and did a lot of double counting
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