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The American Civil War: Why Economics, Not Just Slavery, Made the Conflict Inevitable
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2026-05-13 03:45:25
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- Southern cotton = 60% of US exports; Northern tariff demands were existential threats to plantation economy - The $3B slave capital (largest single US asset class in 1860) meant emancipation was also a massive forced wealth transfer - Lincoln's election threatened Southern economic interests before any military action — secession was preemptive - Sharecropping replaced slavery as labor control mechanism post-war — Southern economic lag persisted for a century
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