Capitalism and slavery have been intertwined in history since the beginning of capitalism, and it still is today. Capitalism helped to make slavery increase in use and size, and slavery helped capitalism to increase just as much.
“America’s “take-off” in the 19th century wasn’t in spite of slavery; it was largely thanks to it…those who would soon be called “capitalists” — rarely started from scratch, but instead drew on wealth generated earlier in the robust Atlantic economy of slaves, sugar and tobacco” Link.
Slavery has been around for a few thousand years, and when sugarcane first came from southeast Asia slavery has been used to grow it. “The sugar-slave complex was not only an example of capitalism but a pioneer of that system…Slavery integrated the Western Hemisphere into the international economy” Link. This supplying and demanding of resources that are hard to obtain, such as sugar, and cotton, made the want for slaves to go up. This is especially true once the cotton gin was created, which increased demand for cotton and labor to grow it.
Slavery increasing due to capitalism, then in turn helped capitalism too.
“Such revelations are hardly surprising in light of slavery’s role in spurring the nation’s economic development. America’s “take-off” in the 19th century wasn’t in spite of slavery; it was largely thanks to it. And recent research in economic history goes further: It highlights the role that commodified human beings played in the emergence of modern capitalism itself… Seeking ever-greater efficiencies in cotton picking, slaveholders reorganized their fields, regimented the workday, and implemented a system of vertical reporting that made overseers into managers answerable to those above for the labor of those below” Link.
Capitalism and Slavery still are intertwined in some parts of the world today, such as India, Nepal, Africa.