In my other thread I tried to address economic issues involving slavery in the United States due to the fact there are many misconceptions. But in
this I will address where the misconceptions came from.
The easy answer is the "Capitalist". In general both Southern Slaveholders and Northern Capitalists were of the same mould. They both invested
money in assets, they both took a profit, and they both stimulated economic growth. The differences are profound when looked at mentality of growth.
The Southern Slaveholder was familiar with agriculture and with finance but not with industry. It has recently been determined there is a mental
block between agrarian financiers and industrialists because the industrial investments required different understandings of market forces to operate
and be successful. *SOURCE*
Political Economic Development (I'll have the source more affirmed when I am at home to pull the book off the
shelf).
So the diverging interests of the South and the North led to conflict, but why? The North actually was willing by-and-large to cooperate with the
South to make a profit.
So what was the perceived threat?
There are two perceptions that led to war and Emancipation; the Southron's and the Northerner's elite perceptions.
To quote the "Instrumentalist Approach to Ethnic Identity":
Ethnicity becomes politicized by centering around elites who use, distort and even fabricate materials from the cultures of the groups they
wish to represent in order to protect their well-being and existence or to exploit for gain.
That should be self explanatory but it needs context. Let's begin with the South which most people are familiar with their arguments that were
distortive to protect their self-interests.
The Southron elite: The Planter, slaveholder, whatever you call him. Generally he brandished the ethnic group of "Blacks" as inferior, or as
needing whites as managers to be successful and productive. The Southron elite supported his system by institutionalizing a muted form of racism (it
was not the racism experienced by immigrants or blacks in the North, because of class and employment conflicts) which the planter used to support the
institution which he relied upon for wealth.
Let's examine the origins of the conspiracy to destroy the South and emancipate the slaves:
The Northern elite: The capitalist, the industrialist, the "Industrial Barron" call him whatever you will. Generally they diverted the harsh
realities of early capitalism by redirecting (and in fact many capitalists financed the Abolitionists) attention from wage-slavery (which in Europe
which mostly had emancipated slavery was contending with communism and socialism as a fight against capitalism's wage-slavery) to the actual
institutionalized slavery of the South. It was more than just keeping social order in a wage-slave based economy of the North but the Northern
Capitalist was as concerned about the unruly fear of their employees that a slave could do their job. So why didn't slaves do their jobs? Well,
they did, but they were immigrants and they were the poor and the Capitalists had become liberal socialites leading the cause of God's righteousness
against evil institutions such as Slavery.
If the Capitalist were not hypocrites, instead of invading the South, they would have simply paid their employees the same equivalence of what the
planter paid their Slaves, which was approximately $1.50 a day. The average wage of the lowest paid in the North, working factories or building the
canals and rail-ways was $0.83 cents a day.
So what were the perceived threats that led to the conspiracy of Capitalist Northerners to destroy Southern Slavery in order to profit for themselves,
but also to protect their way of life?
Well - first off what did they have to fight for?
Find out in the second post of this thread!