How Cotton Became King: The Economics of Slavery

CrashCourse

In this episode of Crash Course Black American History, Clint Smith explores the profound economic entanglement of the cotton industry and the institution of slavery in the United States. The video details how cotton became the first mass consumer commodity, transforming the U.S. into a global economic superpower while simultaneously entrenching the brutal system of chattel slavery. It explains how the invention of the cotton gin in 1793 by Eli Whitney inadvertently revitalized slavery by making cotton processing exponentially more efficient, leading to an insatiable demand for land and enslaved labor. The narrative expands beyond the Southern plantations to illustrate the complicity of the Northern United States and European powers, particularly Great Britain. Viewers learn that Northern banks, insurance companies, and textile mills were deeply invested in the cotton trade, debunking the myth that slavery was solely a Southern issue. The video highlights how the wealth generated by enslaved people fueled the Industrial Revolution and created economic disparities that persist today. Critically, the video connects historical events to modern sociological realities, specifically the racial wealth gap. Smith explains how centuries of unpaid labor, followed by systems like sharecropping and the denial of property rights, prevented Black families from building generational wealth. This resource is excellent for helping students understand the economic foundations of American history, the systemic nature of inequality, and the long-term consequences of historical policies on present-day society.