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Who Stood to Gain from Colonialism? A Case Study of Early Modern European Colonialism in the Caribbean

Published online by Cambridge University Press:  08 March 2010

Extract

Both Adam Smith and Karl Marx considered British colonies to be a net burden on British society. Ever since the issue has been a controversial one and has received a great deal of attention from scholars, not least thanks to the publication of Eric Williams's book “Capitalism and Slavery”. To a large extent the debate has been concerned with the issue of whether the profits from colonialism were large enough to have a decisive effect upon, or at least contribute to, the industrialisation of Britain and/or other countries in Europe.

Type
Articles
Copyright
Copyright © Research Institute for History, Leiden University 2007

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