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Channel: The Junto » History of American Capitalism
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Commodifying Labour, Commodifying People

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Exponents of the "new history of capitalism," who see slavery as an integral part of the capitalist system during its existence, emphasise how the widespread practice of buying and selling of slaves was a way of turning labour into a commodity. But aren't there differences between buying labour by hiring workers for a wage, and buying labour by buying people outright?

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