Economic Impact | Episode 61 | Dr. David McNally | Slavery and Capitalism | 1-27-26

A discussion with historian Dr. David McNally of the University of Houston on his recently published book, Slavery and Capitalism: A New Marxist History, published by University of California Press. He makes the strong case that slavery before the US Civil War is basically the same thing as labor, something which most if not all economists and historians have either ignored or not realized. This is an informative and fascinating book which also illuminates the ties between slavery and capitalism.