Friday, January 27, 2012

Bloomberg: U.S. economy powered by slavery

Just keep this in mind when folks talk about going back to the "good old days" of the 18th and 19th centuries.

America's economy was powered by slavery, and the wealth generated by slavery reverberates in today's companies like Lehman Bros., Berkshire Hathaway and JPMorgan Chase.

By Sven Beckert and Seth Rockman
January 24, 2012 | Bloomberg

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