@MidScream1 Seriously. The Dems show their roots when they oppose reparations. But, at the end of the day, the only way we build a just system is by ending commodification of labor.
@MidScream1 this is said so much by conservatives but you guys love to ignore how our corporations basically betray us so that they can pay a shitty wage in some shitty country
@MidScream1 This isn't about me. I'm doing alright. But if you're going to criticize the Dems' record on race, your words would carry more weight if you were anti-racist.
@Libertarian Populist My prefered method is the establishment of a cooperative-based economy rather than a corporate one. When the people who actually perform the labor democratically control their companies, they don't vote to starve themselves.
When hasn’t there been murder? When hadn’t there been birth? When has the earth not rotated? What’s the point of your comment? Is it a rhetorical question?
Tyrone Chillifoot, probably you would need to go back to the paleolithic period. Exploitation probably begins once you get to the Neolithic period, with early farming, because then a strong division of labor is created and with it class divisions form.
Slavery played a profound and foundational role in the development of American capitalism, shaping its economic systems, labor practices, and wealth distribution in ways that continue to resonate today. The forced labor of enslaved Africans provided the economic engine for industries like cotton, sugar, and tobacco, which became central to the global economy during the 18th and 19th centuries. This exploitation established patterns of wealth accumulation and industrial growth that fueled America's rise as a capitalist power. The plantation system exemplified early capitalist practices, such as maximizing productivity through systematic labor control, commodification of human beings, and the integration of markets on a global scale. The cotton industry, in particular, relied heavily on enslaved labor, making cotton the most valuable export in the United States and a critical raw material for the Industrial Revolution in Europe. This interdependence underscores how slavery's profits extended far beyond the plantations, enriching northern financiers, insurers, and industrialists as well. Moreover, the brutality of slavery introduced concepts of labor management, surveillance, and cost minimization that influenced broader capitalist labor practices. Innovations in accounting, credit systems, and financial speculation, often developed to support the slave economy, became integral to modern capitalism. The legacy of slavery also entrenched systemic inequalities that persist in economic structures today. Generational wealth disparities, land dispossession, and racial discrimination in labor markets can all be traced back to the era of slavery, highlighting how deeply intertwined capitalism and racial exploitation have been in shaping American society. Understanding how slavery laid the foundation for American capitalism challenges us to confront historical injustices and their enduring impacts. It also invites critical reflection on the ethical dimensions of economic systems, urging efforts to address inequities rooted in this history through reparative policies and inclusive economic practices.
@MidScream1 of course they did. at the very least they removed jobs from america and sent them to other countries. every one of us is a slave to every corporation, based on the tax structure the rich created, and the fact that capitalist politicians have legalized overthrowing our government.
@MidScream1 ummm, you walked into the wrong comment section if you think bezos gates and zuckerberg are gonna be defended, you fool. here the argument is where they'll go: labor camps or guillotines XD XD XD
@MidScream1 and compete against billion/trillion dollar corporations that are funded by nigh infinite taxpayer dollars and not their own profits? 🤔 sounds doable 🙄
@MidScream1 difficult to sell to people (the majority of the world) who have no money, cuz theyre underpaid and robbed by corporations, bankers, and politicians.
@MidScream1 thats not a realistic economic system, it excludes the majority. yes the majority of america as well. maybe if i could get multi million dollar tax breaks and multi trillion dollar bailouts, i wouldnt be poor.
@Urrcreavesh I believe that there is a valid reason for pointing out that their very use of the term libertarian is fraudulent. They don't want liberty, they want license and privilege for the economic elite.
Experience and your traits as a leader, or a worker, or a thinker, or as support, is valuable to not only companies, but everyone. Sure we shouldn't lump people into groups based on a mistakes or few examples, but it's not wrong to judge someone's character and asses how that's going to translate to how you work and how you play with others.
It would be nice to see a follow up video with an actual African American who can speak to this & provide a dialogue. But this is all very true and a factual commentary on the economics of slavery & the American way. Love your content & will check our her book 👍🏾. Also, someone commented on pushing Bernie to address this. I am generally a Bernie supporter. But as a black woman, it is truly disappointing to see that Bernie hasn’t formulated even a real answer for our people. So far, I’ve only Elizabeth Warren speak to black women’s lack of proper health care and her $$$ incentive plan for doctors & hospitals. College educated, and to this day it’s difficult to get doctors to take me seriously. It’s insulting, but nothing we’re not used to. Still, we are not satisfied, and it’s not enough for the injustice done to all people of color. I’m looking for a candidate with a comprehensive progressive plan for all underrepresented people of this land to thrive. Not seeing it yet 👀🙄
@4 Fake So, far they have been respectful. However, you guys made the choice of the better of two bad choices. Why have you not took the moral role of finding a better Republican candidate?
I was with you, up until you said "all people of color" this is about one group that no other group has been treated like, continue to get its needs ignorored for those other people of color.
@@therussiantrollnetwork7464 If you actually read, you will see in Bloomberg that the economy went from 1% to 12% under Obama. It only continued to improve by what Obama started. If in fact, presidents have any control over the economy. I was told that it is the nerds that rule the world.
Didn't mention that slave price appreciation was partially driven by the constitution by barring importation of slaves after 1808. So slaves had to be treated as livestock and bred for both work and reproduction. This arguably improved the lot of slaves marginally by making it too costly to work them to death.
@@grmpEqweer If i remember correct a slave around prime age of 16 or so would fetch ( not sure if this was 1820 or 1860) 22 years of a free laborers wages as price. Talk about fucking "capital" investment!!!
Very interesting. I had heard Chomsky mention that instead of increasing "innovation" capitalism had thrived on increasing brutality but I'd not digged beyond that.
@@s3tione Look at the Japanese Americans. They recieved reparations. Are they not doing OK? What about the Native Americans. They are not doing great by a long shot; nevertheless, they own land, and have casinos. We even paid reparations to the Japanese and the started the war. Look how well they have done? What about Jewish people? Did they not profit from reparations? Why is it a question when it comes to black people?
She is utterly clueless about capitalism and economic history, completely clueless. • what did Rockefeller and the like do that was so awful? • there has never once in recorded history ever been a monopoly to ever stem from predatory pricing. • the giant trusts who were accused of holding monopolies saw productive output increase by 175% between 1880 to 1890. • the consumer price index between 1840 to 1900 fell across the economy. What I want to know is how that is regarded as evil and how can one talk about innovation? It was technology that was going to kill off slavery itself. Furthermore, slavery existed long before the United States and the South was hardly anything to shout about with regards to being "capitalist" as so claimed. So it sounds to me that this person hasn't got a clue about economic history.
U.S slavery ended in 1865. How did slavery contribute to the development of the U.S after 1865 and with the southern economy in shambles from the Civil War?
@KLJF Ok that sounds more like a spin on how slavery built the U.S. If slavery ended in 1865 then after that slavery would have contributed little to the building of the U.S moving forward.
@KLJF As America moved through the years after 1865. Slavery could only contribute to the building of the U.S only during the period it was legal. After slavery became illegal other things contributed to it's building.
70% of US chocolate is grown by child slaves in West Africa - sold to tax subsidized Cargill, the world's largest private corporation - so the owners can be multi-billionaires.
@@CrowdPleeza yeah it's not that easy. The kids are tricked to cross the border of the country they grew up in. There' s a good documentary on it called "The Dark Side of Chocolate" - there's also been lawsuits. The governments are locked into global trade agreements controlled by Cargill. You can buy "fair trade" chocolate though if you don't want to support child slave labor. You probably have to go to a local cooperative to find it.
Infinite reality, seriously? You equate the dude with your daughter? Did she get pregnant because she wanted a kid from a man whom she didn’t want social relations with?
Its a shame this is t taught in university this is why people are so ignorant and have so many misunderstandings amongst one another. Its all just history of the country
Very interesting video! It's not surprising that slavery was the foundation for the capitalist system in America. The unpaid labor behind "King Cotton" is an outstanding debt owed to ADOS!!! Please have an in depth, in person interview on this subject. Thank you.
A Woman My Age, You're brain-washed. You stated: "It's not surprising that slavery was the foundation for the capitalist system in America." It's not surprising. It's just incorrect. Caitlin Rosenthal is just performing a mathematical trick on her readers. She's adding all the industries in the U.S. that were related to slavery and claiming that all of these industries were dependent on slavery. She's confusing correlation with causation. It would be like saying that a waitress who works at a sports bar is responsible for the sports industry just because her job itself is a consequence out of the sports industry.
A Woman My Age, "King Cotton" is a myth. Cotton was a tiny part of the U.S. economy. Slaves were illiterate crop pickers. If there weren't any slaves in the U.S., unemployed Americans would have picked the Cotton and tobacco. Who do you think picked the cotton after 1865? You're a fool.
Using the term American capitalism is disingenuous. First of all, before America became independent of Great Britain, it was the British from the 1600's until 1789 when the Constitution was established. So lets not designate America slavery as a invention of Americans, but inherited from the UK. 60 years after we became an independent nation, slavery became an issue that the US government struggled with, resulting in the Civil war, the most costly conflict in US lives lost than all our wars combined until recently. The industrial revolution would have made slavery obsolete and impractical in another decade during the Southern Antebellum period. To say this country was built solely on mostly agrarian based slavery is incorrect. Machines made such mass labor impractical, and freed many from the drudgery of manual labor. Capitalism in its true form, not corrupted by corporatism with ties to government, is were an individual takes all the risk in investing in a venture. It also allows the consumer to pick and choose where to spend their money, becasue they have choices. Any problems with capitalism is not becasue of the system is flawed, only becasue dishonest people misuse it, just like bad people misuse power in government, religion, or any other institution. Its ironic that the people criticizing capitalism in America are the ones who have most benefited from it indirectly, with a lifestyle that is the envy of the world, and results in millions seeking to come here. The only other alternative to capitalism is Socialism/Communism, and we have yet to see any country successfully employ that, where their workers or citizens suffer greatly from it being practiced.
Definitely horrific practices of slavery in the south. However, capitalism is defined as the free and mutual exchange of labor/goods, which slavery does not meet that definition. Last time I check, GAAP doesn’t allow market depreciation. This whole video seems intellectually dishonest as it biased against capitalism. These two speakers can say whatever they want but the truth is that her book and his podcasts are able to be monetized because we live in a capitalist society that allows private ownership of the means of production.
No one cares about a definition. America was built off of the backs of black people as human capital and America’s most exported commodity. There is no way around that.
@@siobhansyt Truth. This is why the South was an economic powerhouse before the Civil War. With all of its "free" slave labor, the South easily leapfrogged the North in economic development from the very beginning and then totally DESTROYED the North in the Civil War. Augusta, Georgia and Jackson, Mississippi were literal metropolises teeming with factories and millions of citizens, leaving tiny little villages like New York City and Philadelphia (where they practiced their gay and inefficient "wage" labor all day long) in the dust.
We can all agree slavery is immoral. What's really amazing is the Washington Post counts 60,000 enslaved people just here in the United States with the estimated 48.5 million slaves worldwide. Maybe we should be more concerned with what's happening today.
What's really amazing with a estimated 3,388,400 victims of modern day slavery in China there's a good chance that you unknowingly bought something made by a slave.
I enjoyed her book it taught me to keep my ears open for the narrative of progress. It 's a also very unsurprising that ”hands” weren't believed in the crafting of the original story.
Djuan Eastman, You're impressionable and feeble-minded. If anything, slaves hurt the U.S.. Slavery kept the South of the U.S. in a perpetual state of economic retardation.
to cerebral analytical and distant.WHen talking about the exploitation of human beings use some real examples of the failure and evil and vileness of the greed driven power pigs. See the Amazon worker today sprinting as a whipmaster machine beeps at him he is too slow. The author herself represents the coldness of power in her fact stat banter
Perhaps but if you can't create a little distance between yourself and the subject matter it's easy to go rather off the rails. If you want someone to scream about how horrible slavery really was i am sure you can go read first hand accounts but i bet you don't and have not dared to do so.
Shit like this is the same reason nobody listens to NPR. Instead of distilling the main points into an interesting and engaging segment, Sam has this lady over a phone talking for 20 minutes in a monotone voice about “the accounting innovation of depreciation.” Even the most academically curious among us tuned out 45 seconds into this thing and forgot what they were listening to. Seriously, who is this for? This channel is the CSPAN of my RUclips subscription feed.
No i listened to all of this while continuing my work and i suggest you get your shit together and stop considering yourself all that fucking intellectual.
@@troybody6662 yes, what the fuck is up with that guy? Sure the poor women could have screamed and shouted about how horrible the white slave owners were but can you imagine how many peoiple in the comment section would have screamed about how not all white people are bad or owned slaves? Some people.....
lol. Look at all of the silly, wannbe "intellectuals" who pretend they're actually entertained by segments like this. I mean, what HUGE BRAINS you all have!!... lol. Douche bags.
The institution of slavery had to be abolished before capitalism could truly florish in the United States. This country, like most countries, wasn't built on the backs of slaves, but was stagnated by the institution of slavery. The free States of the United States were the ones to industrialize while the slave States stagnated, and that industrialization enabled the Union to defeat the Confederacy. The South only industrialized AFTER slavery was ended. Brazil was the last country to officially abolish slavery on 13th May 1888 because the economic system it was based on could no longer be maintained. Brazil didn't start industrializing until the 1930's. Slavery wasn't completely abolished in Argentina until 1861 after Buenos Aires joined its Confederation. Industrialization didn't occur until the late 19th century, AFTER slavery was ended. China didn't end the practice of slavery until around 1949. Large scale industrialization didn't occur until the 1950's, AFTER slavery was ended. Prussia abolished slavery in 1807. Large scale industrialization began around 1815, again AFTER slavery was ended. The practice of slavery didn't end in Nigeria until the 1940's. Industrialization began in 1943, AFTER slavery was ended. Slavery was abolished in the Philippines in 1820 by Spain. The practice of slavery still continued until it was gradually stamped out after each area was industrialized throughout the 19th century. Do you see a pattern here? The Roman Empire never industrialized even though they had the capability, and they never ended slavery once it was adopted. Basically, industrialization makes a system of slavery no longer viable or profitable, and large scale industrialization isn't really possible in a nation as long as slavery is still commonly practiced. The United States being the perfect example. The free States industrialized, the slave States did not. The East industrialized from 1790 to 1860. Industrialization was underway in the Midwest by the 1840's even though their focus was on agriculture just like the South. The South didn't industrialize like the Midwest even though it had a far higher population and had been settled in large numbers for at least 100 years longer. The American Manufacturing Belt went through the free areas as the slave States stagnated. Therefore it's far more accurate to say the United States was built on freedom rather than on the backs of slaves. We couldn't have become the industrialized superpower we are today if slavery had been allowed to continue. One last thing to add. The British Empire, after ending slavery themselves, ended slavery across most of the world over the next couple of centuries. Therefore the British Empire would be largely responsible for the development of the modern industrialized world.
@@duancoviero9759 Then how would you explain how all those countries I listed didn't have industrial revolutions until AFTER the practice if slavery was ended? Because it basically shows a civilization is rather limited on how far it can advance with the institution of slavery. A country can be built on slavery only so far before freedom must be allowed in order to advance further.
No less different than every unsatisfied lover you've ever had. You're extremely lucky black ppl have been brainwashed over the last 400 years, otherwise ppl like you would have you faces turned to mashed potato...
I'm a black man that's 40 lived with my great grandmother that was born in 1910 died in 2006 all of this she taught us
@MidScream1 Seriously. The Dems show their roots when they oppose reparations. But, at the end of the day, the only way we build a just system is by ending commodification of labor.
@MidScream1 Ah. You were making an anti-Democratic talking point, not an anti-racist one. My mistake. Never mind.
@MidScream1 this is said so much by conservatives but you guys love to ignore how our corporations basically betray us so that they can pay a shitty wage in some shitty country
@MidScream1 This isn't about me. I'm doing alright. But if you're going to criticize the Dems' record on race, your words would carry more weight if you were anti-racist.
@Libertarian Populist My prefered method is the establishment of a cooperative-based economy rather than a corporate one. When the people who actually perform the labor democratically control their companies, they don't vote to starve themselves.
When hasn't our economy been based around exploitation?
When hasn’t there been murder? When hadn’t there been birth? When has the earth not rotated? What’s the point of your comment? Is it a rhetorical question?
Tyrone Chillifoot, probably you would need to go back to the paleolithic period. Exploitation probably begins once you get to the Neolithic period, with early farming, because then a strong division of labor is created and with it class divisions form.
@@restlessyouthproductions Wow, you're smart!
Robert Stan Your mom taught me everything
Very good question. But it does not have to be. It can be based on mutual benefit.
Slavery played a profound and foundational role in the development of American capitalism, shaping its economic systems, labor practices, and wealth distribution in ways that continue to resonate today. The forced labor of enslaved Africans provided the economic engine for industries like cotton, sugar, and tobacco, which became central to the global economy during the 18th and 19th centuries. This exploitation established patterns of wealth accumulation and industrial growth that fueled America's rise as a capitalist power.
The plantation system exemplified early capitalist practices, such as maximizing productivity through systematic labor control, commodification of human beings, and the integration of markets on a global scale. The cotton industry, in particular, relied heavily on enslaved labor, making cotton the most valuable export in the United States and a critical raw material for the Industrial Revolution in Europe. This interdependence underscores how slavery's profits extended far beyond the plantations, enriching northern financiers, insurers, and industrialists as well.
Moreover, the brutality of slavery introduced concepts of labor management, surveillance, and cost minimization that influenced broader capitalist labor practices. Innovations in accounting, credit systems, and financial speculation, often developed to support the slave economy, became integral to modern capitalism.
The legacy of slavery also entrenched systemic inequalities that persist in economic structures today. Generational wealth disparities, land dispossession, and racial discrimination in labor markets can all be traced back to the era of slavery, highlighting how deeply intertwined capitalism and racial exploitation have been in shaping American society.
Understanding how slavery laid the foundation for American capitalism challenges us to confront historical injustices and their enduring impacts. It also invites critical reflection on the ethical dimensions of economic systems, urging efforts to address inequities rooted in this history through reparative policies and inclusive economic practices.
The trolling on this comment is just off the hook, I guess logical talk about slavery triggers them.
cuz rich people believe they (the rich) "earned" "their" money and "built that".
@MidScream1 of course they did. at the very least they removed jobs from america and sent them to other countries. every one of us is a slave to every corporation, based on the tax structure the rich created, and the fact that capitalist politicians have legalized overthrowing our government.
@MidScream1 ummm, you walked into the wrong comment section if you think bezos gates and zuckerberg are gonna be defended, you fool. here the argument is where they'll go: labor camps or guillotines XD XD XD
@MidScream1 and compete against billion/trillion dollar corporations that are funded by nigh infinite taxpayer dollars and not their own profits? 🤔 sounds doable 🙄
@MidScream1 difficult to sell to people (the majority of the world) who have no money, cuz theyre underpaid and robbed by corporations, bankers, and politicians.
@MidScream1 thats not a realistic economic system, it excludes the majority. yes the majority of america as well. maybe if i could get multi million dollar tax breaks and multi trillion dollar bailouts, i wouldnt be poor.
"How slavery once and post continues to lay the foundation for American Capitalism".
There, I fixed it for you.
@Libertarian Populist Amazon atm you?
white guy ? ✔
Libertarian Populist. white guy ? ✔
@Urrcreavesh keep in mind free Market libertarians took the word libertarian from far leftys who want to abolish private property
@Urrcreavesh I believe that there is a valid reason for pointing out that their very use of the term libertarian is fraudulent. They don't want liberty, they want license and privilege for the economic elite.
Eventhough we know this, majority of non black Americans are against paying us the debt they owe!
ADOS Tangibles2020
@jon beatty enlighten me. Who is it that you THINK created the ADOS movement?
@jon beatty still didn't answer my question, but ok, who's "behind" it?
@jon beatty proof?
@jon beatty just as I thought
The Nazis did some horrific things with surgical efficiency too. No, I'm not the least bit surprised that some slave masters were just as "efficient."
US slavery was a model for Nazis.
Appalling but not surprising. It's the ultimate example of dehumanizing people by treating them as commodities.
Experience and your traits as a leader, or a worker, or a thinker, or as support, is valuable to not only companies, but everyone. Sure we shouldn't lump people into groups based on a mistakes or few examples, but it's not wrong to judge someone's character and asses how that's going to translate to how you work and how you play with others.
Holy shit now I am gonna cringe when my Software engineer job calls me a resource
I always cringe when I have to contact HR - "human resources"...
Everytime y'all say "human capital", I have to resist the urge to throw up.
The foundation for all Capitalism not just American.
Read the Half Has Never been Told. This is another really in depth book about this topic.
It would be nice to see a follow up video with an actual African American who can speak to this & provide a dialogue. But this is all very true and a factual commentary on the economics of slavery & the American way. Love your content & will check our her book 👍🏾. Also, someone commented on pushing Bernie to address this. I am generally a Bernie supporter. But as a black woman, it is truly disappointing to see that Bernie hasn’t formulated even a real answer for our people. So far, I’ve only Elizabeth Warren speak to black women’s lack of proper health care and her $$$ incentive plan for doctors & hospitals. College educated, and to this day it’s difficult to get doctors to take me seriously. It’s insulting, but nothing we’re not used to. Still, we are not satisfied, and it’s not enough for the injustice done to all people of color. I’m looking for a candidate with a comprehensive progressive plan for all underrepresented people of this land to thrive. Not seeing it yet 👀🙄
@4 Fake So, far they have been respectful. However, you guys made the choice of the better of two bad choices. Why have you not took the moral role of finding a better Republican candidate?
I was with you, up until you said "all people of color" this is about one group that no other group has been treated like, continue to get its needs ignorored for those other people of color.
@@therussiantrollnetwork7464 that's complete and total BS like most of statistics the government puts out .
@@therussiantrollnetwork7464 You've decided, what the government releases to the public are facts? Seems very gullible.
@@therussiantrollnetwork7464 If you actually read, you will see in Bloomberg that the economy went from 1% to 12% under Obama. It only continued to improve by what Obama started. If in fact, presidents have any control over the economy. I was told that it is the nerds that rule the world.
Didn't mention that slave price appreciation was partially driven by the constitution by barring importation of slaves after 1808. So slaves had to be treated as livestock and bred for both work and reproduction. This arguably improved the lot of slaves marginally by making it too costly to work them to death.
@@grmpEqweer If i remember correct a slave around prime age of 16 or so would fetch ( not sure if this was 1820 or 1860) 22 years of a free laborers wages as price. Talk about fucking "capital" investment!!!
This is something ive always known to be true, but glad i have some points to expand upon that and be able to talk about it now
"I didn't understand what a big deal slavery was." Sums up the race problem in America.
Timeless video
Very interesting. I had heard Chomsky mention that instead of increasing "innovation" capitalism had thrived on increasing brutality but I'd not digged beyond that.
That explains Facebook
it isn't a coincidence that capitalism produces monopolies
So, why are you not pushing Bernie Sanders to organize a real plan for reparations?
@@therussiantrollnetwork7464 I haven't come across African Americans with the Sir name of Troll. You may have come from another continent.
What exactly do you think reparations are going to accomplish? It's a lot of money, so the outcome had better be worth it.
@@s3tione Look at the Japanese Americans. They recieved reparations. Are they not doing OK? What about the Native Americans. They are not doing great by a long shot; nevertheless, they own land, and have casinos. We even paid reparations to the Japanese and the started the war. Look how well they have done? What about Jewish people? Did they not profit from reparations? Why is it a question when it comes to black people?
@Libertarian Populist Yes
@@therussiantrollnetwork7464 But, trolls are not very social. After all, you live under a bridge and steal little children.
Read Prof. Gerald Horne's book too!
She is utterly clueless about capitalism and economic history, completely clueless.
• what did Rockefeller and the like do that was so awful?
• there has never once in recorded history ever been a monopoly to ever stem from predatory pricing.
• the giant trusts who were accused of holding monopolies saw productive output increase by 175% between 1880 to 1890.
• the consumer price index between 1840 to 1900 fell across the economy.
What I want to know is how that is regarded as evil and how can one talk about innovation? It was technology that was going to kill off slavery itself. Furthermore, slavery existed long before the United States and the South was hardly anything to shout about with regards to being "capitalist" as so claimed. So it sounds to me that this person hasn't got a clue about economic history.
U.S slavery ended in 1865. How did slavery contribute to the development
of the U.S after 1865 and with the southern economy in shambles from
the Civil War?
@KLJF
Ok that sounds more like a spin on how slavery built the U.S.
If slavery ended in 1865 then after that slavery would have contributed little to the building of the U.S moving forward.
@KLJF
As America moved through the years after 1865.
Slavery could only contribute to the building of the U.S only during the period it was legal. After slavery became illegal other things contributed to it's building.
70% of US chocolate is grown by child slaves in West Africa - sold to tax subsidized Cargill, the world's largest private corporation - so the owners can be multi-billionaires.
@@voidisyinyangvoidisyinyang885
Contact the governments of those west African countries and tell them to get their child labor under control.
@@CrowdPleeza yeah it's not that easy. The kids are tricked to cross the border of the country they grew up in. There' s a good documentary on it called "The Dark Side of Chocolate" - there's also been lawsuits. The governments are locked into global trade agreements controlled by Cargill. You can buy "fair trade" chocolate though if you don't want to support child slave labor. You probably have to go to a local cooperative to find it.
Walmart takes out life insurance on their workers... pretty much the same as depreciation tax subsidy.
Life sucks I hate everyone
@Ganji I hear you. What are you willing to try to do to fix that?
Drink heavily. It’s like nirvana in a bottle. Cigs are nice too 👍
Infinite reality, seriously? You equate the dude with your daughter? Did she get pregnant because she wanted a kid from a man whom she didn’t want social relations with?
Amazon and Walmart
As an accountant this is fascinating
Its a shame this is t taught in university this is why people are so ignorant and have so many misunderstandings amongst one another. Its all just history of the country
Pretty awesome to watch your History Professor's interview on MR
You're a fool.
Sader is just a comedian.
It's really funny to me that she keeps messing up and saying 1960s instead of 1860s.
@MomoTheBellyDancer that is exactly why it's funny.
now you have had the conversation. So does that not say that reparations are needed!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Very interesting video! It's not surprising that slavery was the foundation for the capitalist system in America. The unpaid labor behind "King Cotton" is an outstanding debt owed to ADOS!!! Please have an in depth, in person interview on this subject. Thank you.
A Woman My Age,
You're brain-washed.
You stated:
"It's not surprising that slavery was the foundation for the capitalist system in America."
It's not surprising.
It's just incorrect.
Caitlin Rosenthal is just performing a mathematical trick on her readers.
She's adding all the industries in the U.S. that were related to slavery and claiming that all of these industries were dependent on slavery.
She's confusing correlation with causation.
It would be like saying that a waitress who works at a sports bar is responsible for the sports industry just because her job itself is a consequence out of the sports industry.
A Woman My Age,
"King Cotton" is a myth.
Cotton was a tiny part of the U.S. economy.
Slaves were illiterate crop pickers.
If there weren't any slaves in the U.S., unemployed Americans would have picked the Cotton and tobacco.
Who do you think picked the cotton after 1865?
You're a fool.
I feel urked listening how The South values human cattle slaves.....😕
Using the term American capitalism is disingenuous. First of all, before America became independent of Great Britain, it was the British from the 1600's until 1789 when the Constitution was established. So lets not designate America slavery as a invention of Americans, but inherited from the UK. 60 years after we became an independent nation, slavery became an issue that the US government struggled with, resulting in the Civil war, the most costly conflict in US lives lost than all our wars combined until recently. The industrial revolution would have made slavery obsolete and impractical in another decade during the Southern Antebellum period. To say this country was built solely on mostly agrarian based slavery is incorrect. Machines made such mass labor impractical, and freed many from the drudgery of manual labor.
Capitalism in its true form, not corrupted by corporatism with ties to government, is were an individual takes all the risk in investing in a venture. It also allows the consumer to pick and choose where to spend their money, becasue they have choices. Any problems with capitalism is not becasue of the system is flawed, only becasue dishonest people misuse it, just like bad people misuse power in government, religion, or any other institution.
Its ironic that the people criticizing capitalism in America are the ones who have most benefited from it indirectly, with a lifestyle that is the envy of the world, and results in millions seeking to come here. The only other alternative to capitalism is Socialism/Communism, and we have yet to see any country successfully employ that, where their workers or citizens suffer greatly from it being practiced.
I love how no one dares challange this comment.
Definitely horrific practices of slavery in the south. However, capitalism is defined as the free and mutual exchange of labor/goods, which slavery does not meet that definition. Last time I check, GAAP doesn’t allow market depreciation. This whole video seems intellectually dishonest as it biased against capitalism. These two speakers can say whatever they want but the truth is that her book and his podcasts are able to be monetized because we live in a capitalist society that allows private ownership of the means of production.
No one cares about a definition. America was built off of the backs of black people as human capital and America’s most exported commodity. There is no way around that.
@@siobhansyt Truth. This is why the South was an economic powerhouse before the Civil War. With all of its "free" slave labor, the South easily leapfrogged the North in economic development from the very beginning and then totally DESTROYED the North in the Civil War. Augusta, Georgia and Jackson, Mississippi were literal metropolises teeming with factories and millions of citizens, leaving tiny little villages like New York City and Philadelphia (where they practiced their gay and inefficient "wage" labor all day long) in the dust.
Mental gymnastics 🤣 what a joke
Amazing...business owners had a business plan
what's really amazing is that a human would think they had the god given right to own another human.And treat that human worst than an animal.
@@rossboss5072
Like farm equipment.
We can all agree slavery is immoral.
What's really amazing is the Washington Post counts 60,000 enslaved people just here in the United States with the estimated 48.5 million slaves worldwide. Maybe we should be more concerned with what's happening today.
What's really amazing with a estimated 3,388,400 victims of modern day slavery in China there's a good chance that you unknowingly bought something made by a slave.
I guess now that a "Rosenthal" says it, now it's valid
Yikes
I enjoyed her book it taught me to keep my ears open for the narrative of progress. It 's a also very unsurprising that ”hands” weren't believed in the crafting of the original story.
Djuan Eastman,
You're impressionable and feeble-minded.
If anything, slaves hurt the U.S..
Slavery kept the South of the U.S. in a perpetual state of economic retardation.
You're brain-washed.
welp he said Mckenzie consultant and I am done listening.
to cerebral analytical and distant.WHen talking about the exploitation of human beings use some real examples of the failure and evil and vileness of the greed driven power pigs. See the Amazon worker today sprinting as a whipmaster machine beeps at him he is too slow. The author herself represents the coldness of power in her fact stat banter
Perhaps but if you can't create a little distance between yourself and the subject matter it's easy to go rather off the rails. If you want someone to scream about how horrible slavery really was i am sure you can go read first hand accounts but i bet you don't and have not dared to do so.
Why does the host keep stuttering & stammering??? Like spit it out!!!! 🤦🏽
Shit like this is the same reason nobody listens to NPR. Instead of distilling the main points into an interesting and engaging segment, Sam has this lady over a phone talking for 20 minutes in a monotone voice about “the accounting innovation of depreciation.” Even the most academically curious among us tuned out 45 seconds into this thing and forgot what they were listening to. Seriously, who is this for? This channel is the CSPAN of my RUclips subscription feed.
Sorry you have ADHD. Please don't forget to take your Adderall?
No i listened to all of this while continuing my work and i suggest you get your shit together and stop considering yourself all that fucking intellectual.
@@troybody6662 yes, what the fuck is up with that guy? Sure the poor women could have screamed and shouted about how horrible the white slave owners were but can you imagine how many peoiple in the comment section would have screamed about how not all white people are bad or owned slaves? Some people.....
So... don't subscribe then? Problem solved?
lol. Look at all of the silly, wannbe "intellectuals" who pretend they're actually entertained by segments like this. I mean, what HUGE BRAINS you all have!!... lol. Douche bags.
Sounds about white!
Snacking on his finger nails, yummy
The institution of slavery had to be abolished before capitalism could truly florish in the United States. This country, like most countries, wasn't built on the backs of slaves, but was stagnated by the institution of slavery. The free States of the United States were the ones to industrialize while the slave States stagnated, and that industrialization enabled the Union to defeat the Confederacy. The South only industrialized AFTER slavery was ended.
Brazil was the last country to officially abolish slavery on 13th May 1888 because the economic system it was based on could no longer be maintained. Brazil didn't start industrializing until the 1930's.
Slavery wasn't completely abolished in Argentina until 1861 after Buenos Aires joined its Confederation. Industrialization didn't occur until the late 19th century, AFTER slavery was ended.
China didn't end the practice of slavery until around 1949. Large scale industrialization didn't occur until the 1950's, AFTER slavery was ended.
Prussia abolished slavery in 1807. Large scale industrialization began around 1815, again AFTER slavery was ended.
The practice of slavery didn't end in Nigeria until the 1940's. Industrialization began in 1943, AFTER slavery was ended.
Slavery was abolished in the Philippines in 1820 by Spain. The practice of slavery still continued until it was gradually stamped out after each area was industrialized throughout the 19th century.
Do you see a pattern here?
The Roman Empire never industrialized even though they had the capability, and they never ended slavery once it was adopted.
Basically, industrialization makes a system of slavery no longer viable or profitable, and large scale industrialization isn't really possible in a nation as long as slavery is still commonly practiced. The United States being the perfect example. The free States industrialized, the slave States did not. The East industrialized from 1790 to 1860. Industrialization was underway in the Midwest by the 1840's even though their focus was on agriculture just like the South. The South didn't industrialize like the Midwest even though it had a far higher population and had been settled in large numbers for at least 100 years longer. The American Manufacturing Belt went through the free areas as the slave States stagnated. Therefore it's far more accurate to say the United States was built on freedom rather than on the backs of slaves. We couldn't have become the industrialized superpower we are today if slavery had been allowed to continue.
One last thing to add. The British Empire, after ending slavery themselves, ended slavery across most of the world over the next couple of centuries. Therefore the British Empire would be largely responsible for the development of the modern industrialized world.
You had me until you said "built on freedom". That's bullshit.
@@duancoviero9759 Then how would you explain how all those countries I listed didn't have industrial revolutions until AFTER the practice if slavery was ended? Because it basically shows a civilization is rather limited on how far it can advance with the institution of slavery. A country can be built on slavery only so far before freedom must be allowed in order to advance further.
Hideous.
Lots of talk, hardly said anything
No less different than every unsatisfied lover you've ever had. You're extremely lucky black ppl have been brainwashed over the last 400 years, otherwise ppl like you would have you faces turned to mashed potato...
Cant wait till Beto crushes this Bernie or Bust Snakes in 2020 😎
Shut the fuck up you big old bitch
Only if said snakes are crawling around on the tops of tables.
SamWize Ganji What happened Crazy Bernie? 😂🐍 🇻🇪
Sam Seder.
A comedian with a BA in religious studies.
Big deal.