Slavery, Profitability, and the Market Process

Mark Thornton

The Review of Austrian Economics, 1994, vol. 7, issue 2, 47 pages

Abstract: The economic interpretations of the slave economies of the New World, as well as those social interpretations which adopt the neo-classical economic model but leave the economics out, assume everything they must prove. By retreating from the political economy from which their own methods derive, they ignore the extent to which the economic process permeates the society. They ignore, that is, the interaction between economics, narrowly defined, and the social relations of production on the one hand and state power on the other. Copyright 1994 by Kluwer Academic Publishers

Date: 1994
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