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Enslaved People Worth 3x All US Banks Combined in 1860 The shocking truth about how "Cotton is King" built the global economy on slavery: In 1860, enslaved people's value was 3x all US banks combined. The cotton gin exploded slavery rather than reducing it, making the South produce 75% of world's cotton while Britain depended on slave labor for 80% of industrial materials. Discover how cotton exports dominated for 134 years and why the entire modern economy was built on stolen Black labor. #Cott
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Cotton was the primary cash crop in the Southern United States during the 19th century, earning the region the title "Cotton Kingdom" and significantly fueling the U.S. Treasury through its massive economic impact. Grown extensively in states like Mississippi, Alabama, Georgia, and South Carolina, cotton’s profitability stemmed from its ideal growing conditions in the South’s warm climate and fertile soil, coupled with the invention of the cotton gin, which revolutionized production. By the mid-
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