Conversible economist on slavery in Brazil and USA

 Slavery and Economic Development in Brazil

Slavery and the History of US Economic Growth

An excerpt from the second article:

"However, as numerous writers have pointed out over time, the coexistence of slavery with British and American capitalism of the 17th century does not prove that slavery was necessary or sufficient for an emerging capitalism. As many writers have pointed out, historical slavery across what we now call Latin America. At that time, Spain and Portugal (among others) were also active participants in the slave trade, yet their economies did not develop an industrial revolution like that of the UK. Countries all over Latin America were recipients of slaves, like the area that became the US, but those countries did not develop a US-style economy.  Clearly, drawing a straight line from slavery to capitalism of the Anglo-American variety would be wildly simplistic. "