Russell R. Menard on Eric Williams

Xxxx Xxxxx Xxxxxx xxxxxxxx at
Fri Oct 20 22:31:11 MDT 2000

Carrol Cox wrote:

> Louis Proyect wrote:
> > the notion that the profits of the
> > >slave trade were crucial to England's industrialization,

Cox replied:

> >A core
> >point is that *nations* do not make profits or accrue losses -- >individuals,
> >firms, groups, etc. do.

If not, there is no point to discuss colonialism (one nation profiting from
another nation).

Neither to discuss African American slavery, assimilation of Indians, even...

Why to bother with colonialism then? Let's throw it in garbage!!


> Hence the total returns of X to a *nation* are not
> necessarily relevant to the question of the importance of X.
> There are good arguments to the effect that if one examines India and England
> as *totalities*, an actually irrelevant perspective, India "cost" England far
> more than England ever gained from India.
> Nevertheless it is obvious that India was crucial to the rise of English
> capital and English global power.
> Carrol


Xxxx Xxxxx Xxxxxx
PhD Student
Department of Political Science
SUNY at Albany
Nelson A. Rockefeller College
135 Western Ave.; Milne 102
Albany, NY 12222

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