Journal of Agrarian Change, Vol. 3Plantation No. 3, July 2003, Slavery pp. 289–332. and Economic Development 289 Plantation Slavery and Economic Development in the Antebellum Southern United States CHARLES POST The relationship of plantation slavery in the Americas to economic and social development in the regions it was dominant has long been a subject of scholarly debate. The existing literature is divided into two broad interpretive models – ‘planter capitalism’ (Fogel and Engerman, Fleisig) and the ‘pre-bourgeois civilization’ (Genovese, Moreno-Fraginals). While each grasps aspects of plantation slavery’s dynamics, neither provides a consistent and coherent his- torical or theoretical account of slavery’s impact on economic development because they focus on the subjective motivations of economic actors (planters or slaves) independent of their social context. Borrowing Robert Brenner’s concept of ‘social property relations’, the article presents an alternative analysis of the dynamics of plantation slavery and their relation to economic develop- ment in the regions it dominated. Keywords: plantation slavery, capitalism, USA, world market, agrarian class structure INTRODUCTION From the moment that plantation slavery came under widespread challenge in Europe and the Americas in the late eighteenth century, its economic impact has been hotly debated. Both critics and defenders linked the political and moral aspects of slavery with its social and economic effects on the plantation regions Charles Post, Sociology Department, Sarah Lawrence College, 1 Mead Way, Bronxville, NY 10708- 5999, USA. e-mail:
[email protected] (until 30 August 2003). Department of Social Science, Borough of Manhattan Community College-CUNY, 199 Chambers Street, New York, NY 10007, USA.