In simple terms, war capitalism is first described in Sven Beckert’s Empire of Cotton as capitalism with war, violence and slavery at the center of it. Beckert wrote, “We associate industrial capitalism with contracts and markets, but early capitalism was based as often as not on violence and bodily coercion. Modern capitalism privileges property rights, but this earlier moment was characterized just as much by massive expropriations as by secure ownership. Latter-day capitalism rests upon the rule of law and powerful institutions backed by the state, but capitalism's early phase, although ultimately requiring state power to create world-spanning empires, was frequently based on the unrestrained actions of private individuals--the domination of masters over slaves and of frontier capitalists over indigenous inhabitants”(xvi). Though many are unaware of war capitalism, many new societies were built by the command of masters over slaves. People from all over the world used slaves to advance their production and strengthen their businesses. These slaves were highly sought after, and looked at as not individuals or human beings, but as tools. This form of capitalism has been used continuously to dominate world trade up until the 19th …show more content…
While the answer is intricately complex, one of the main reasons to contribute violence to the slavery is competition. Competition you see, is a double edged sword. On one end, competition gives people an incentive to accomplish things, make great strides for humanity, and promote economic growth. Adam Smith, the author of Wealth of Nations would say that competition gives us the benefits of the invisible hand or self interest indirectly helping others. On the other end, competition can lead individuals to lose their sense of morality, and lose sight of what is important while they become filled with greed. This is exactly what happened to the Europeans when entering the Congo. Competition and greed made the Dutch feel that they needed to produce goods at a higher rate and they stopped at nothing until their goal of wealth and power was beyond their dreams. In turn, they traded money and power for morality and the well-beings of