Joseph points out that Mintz is "adding to the
discourse on capitalism" in his analysis of the production and consumption
of sugar.
Mintz's analysis of the role of sugar in the
transition of the British economy from one of Mercantilism to that of
"free trade" by the early/mid 19th century brings up a couple of
interesting aspects.
First, the ending of Mercantilism did not dampen
British domestic sugar consumption.
There was no "backlash" by consumers of non-Caribbean sugar
being imported into the British Isles. As
prices continued to fall and quantities continued to increase, the recognition
by domestic consumers with specific British West Indies sugar faded.
Second, there was a decided "class
conflict" which emerged between the advocates of free trade and the West
Indies planter class and the protected domestic sugar producers. The ending of Mercantilism meant that the
British Caribbean sugar industry would be subject to the vicissitudes of
worldwide competition and no longer protected.
The conflict in this sense was generated by the state in its subsidies and
grants of monopoly privileges to the planting class.
Mintz writes that the bankruptcy of Mercantilism by
this time was demonstrated when the "leading sectors of British
capitalism" would no longer trust the "mercantilist-nationalist
arrangements" for the production of such an important commodity as sugar
had become. (70)
Although not stressed, the eventual adoption of free
trade played a part in the abolition of Caribbean slavery. For without the subsidies and guarantees of the
mercantilist system, the importation and maintenance of slaves as Mintz
describes ("triangles of trade") would no longer be viable.
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