Slavery and American Economic Development

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By examining slavery as an economic institution, the book offers a fresh perspective on the economic divide between the North and South during the antebellum period. It distinguishes between slavery as a labor organization and as property rights, highlighting the role of slave-based commerce in the Atlantic economy. The author, a renowned historian, challenges traditional views, prompting readers to reevaluate established beliefs about the economic implications of slavery and its impact on American development.