The Bank of England and the British financial system were for centuries deeply involved in the enslavement and transatlantic trafficking of millions of African people, according to new research on Britain’s slavery history.
How is this new research? I am gobsmacked
New research doesn’t necessarily mean new information. Oftentimes means someone did more research and published something on it and now we’ll get a bunch of stories about it before everyone gets amnesia.
i recall a website that tracked british generational wealth and it had a bunch of slave trade stuff, would’ve been 8+ years ago
wealth of that scale always comes from some kind of heinous crime
But only for capitalism right? /s
The wealthiest people in British society were involved in the most profitable enterprise of the day. I’m not sure that’s particularly surprising news.
Also not surprising that these same individuals would be also involved in financial services, given the slave trade required a fair amount of upfront capital (to outfit a ship, purchase goods, pay crew etc) these would likely be the people most familiar with matters like credit.
