Was colonialism and slavery really necessary for the Industrial Revolution? Could Europe industrialize without them?

Was colonialism and slavery really necessary for the Industrial Revolution? Could Europe industrialize without them?

Why do you think slavery was related to the Industrial Revolution?

Slavery was for extracting raw materials like Silver and farming cash crops like Indigo, Cotton, Sugar etc...

We often hear argument that slavery and colonialism generated capital that was reinvested in industrialization.

The Industrial Revolution occured in Europe, where no slaves were used

Slavery and colonialism have very little to do with the industrial revolution.

If anything, the chain of cause and effect goes the other way, industrialization created a greater demand for alaces and increased the power imbalance between Europe and Africa making it easier to enslave people.

For slaves* stupid autocorrect

Imperialism is the highest stage of capitalism. Capitalism needs to forever expand as the endless overproduction requires more resources for production and new markets to sell to once the old ones are saturated.

>where no slaves were used
There were slaves in Europe. They were generally house servants and mammies instead of field niggers, but there were slaves.

This user gets it. We're over the hill now, capitalism wise.

>endless overproduction
Capitalism viciously discourages overproduction. Many factories go out of business with warehouses full of goods that should have never been produced, and a lot of those could still be around if their resources were better managed.

When that happens you sell the goods to the native populaces of your colonies. You are guaranteed a profit because they have no industry or very little of it so no competition and you can even just sell shitty low quality/ functioning but off goods. They can't tell the difference.

The ideal rate of development for colonies to enact this strategy is just developed enough to use the good but not too developed though.
Basically hand me downs but you want to delay them by 10-20 years so that the lifespan of say certain products is lengthened for more profit since if it's too old in the mainland just sell it in the colonies.

t. Lenin

Nah, Resources and a big economy were more important for the industrial revolution.

Capitalism didn't even exist till the late 1700's and didn't become popular till the mid 1800's when imperialism was dying.

>imperialism dying mid 1800's

top kek

the industrial revolution helped end slavery

But the Cotton Gin helped strengthen slavery in the South though.

but the more industrially advanced north eventually defeated the slave reliant south ending slavery in the US

capitalism is imperialism, pig

yes, but without the economic benefits you can speculate that it might have taken a bit longer