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Capitalism And Slavery: The Abolition Of The Slave System

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According to Dr. Eric Williams (1944) “…the abolition of the slave system was basically the result of the fact that the salve system had lost its former importance, in the nineteenth century, to the metropolitan economy,”1.
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1- Dr.Williams, E. (1944). Capitalism and Slavery. The University Of North Carolina Press.

Without the economic prosperity and profitability of the sugar production in the British colonies, these colonies lost their usefulness to the mother country. Sugar production in the British West Indies was declining and lost its importance to the mother country. For example, in1821 the B.W.I accounted for 11% of British exports however by 1832 it was less

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