On this particular issue I think the facts are on the captain's side. It used to be widely believed that slavery was on its way out -- the theory I got in high school was that the lands east of the dry line in Texas were being rapidly exhausted. But the newest research shows that, consonant with cotton-production figures I've found posted online, productivity was still accelerating, and the decrepitude of some cotton holdings can be explained, I think, by the imperative of sinking every last dollar into the ground for the return offered by maximal plantings. They skimped on maintenance and overstretched their labor pool in favor of cottonseed in the ground.
That's the new picture I've gotten of the economic condition of cotton production in the late 1850's. Almost bubble-type behavior, like what we saw in the tech stocks and dot-com startups in the late 90's.
i KNOW the damnyankees would like for Professor Williams to be wrong (i'm NOT an economist, so the dis-believers should argue with Dr. williams.), but he is CORRECT about the Industrial Revolution causing the end of slavery, absent the WBTS, within 5-10 years.
one of the main ways to tell if REVISIONISTS are lying about something said by a black scholar is if they quibble with his "competence to speak on that subject", while contending that THEY are competant to comment on issues outside THEIR academic discipline. as i've said before the REVISIONIST,self-serving, arrogant,statist, self-righteous damnyankees have FOREVER been really good at HYPROCRISY & LIES.
free dixie,sw