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To an extent it was. Private individuals owned the capital and their slaves were considered property and they supplied market demand for goods and services. What is wasn't was a system of free market labor. It undercut the value and demand for free market laborers who were most of the white southern population. No one usually considers it was used to undercut the labor market to increase profit margin and harmed most of the free population.
Not the slightest bit capitalist. Capitalism is the operation of an economic system strictly by free and fair rules of exchange (such as (a) Don't steal, (b) Don't coerce, (c) Don't defraud, (d) plus other such), with the consent of all involved.
Are you trying to pretend slaves "consented" to be enslaved?
Not the slightest bit capitalist. Capitalism is the operation of an economic system strictly by free and fair rules of exchange, with the consent of all involved.
Are you trying to pretend slaves "consented" to be enslaved?
This is a bit of a silly question. Do cows consent to being milked or butchered? Are farmers not capitalists since the cows did not consent?
Hard to believe people arguing this way believe they have some sort of point.
You actually amplified the point. Slave owners did not consider slaves to be people. They were property, just like cows and tools. The society as a whole believed this and as a result, it was free and fair for people to conduct business and commerce.
The point you amplified is exactly what makes your initial question silly.
There is a debate as to whether or not the slavery practiced in the American South can be deemed a capitalist economic system. What do you think?
It was actually Islamic(Hillary brought the slave blocks back to Libya). Capitalism had nothing to do with it.
The King of England demanded it, before the revolution was a thought.
The Republicans punished the Southern states with export taxes or slavery, and caused a civil war. Instead of letting it play out over time and cause no resentment.
Not the slightest bit capitalist. Capitalism is the operation of an economic system strictly by free and fair rules of exchange (such as (a) Don't steal, (b) Don't coerce, (c) Don't defraud, (d) plus other such), with the consent of all involved.
Are you trying to pretend slaves "consented" to be enslaved?
Yes, legally and practically it did and that was the loophole around consent. Capitalism is just private individuals owning capital and supplying the market demand for goods and services which is what the Old South was doing vs being a planned economy. Capitalism should be strictly free and fair but isn't always completely just like it wasn't in the old south or even totally today although it is much more free.
Considering southern ancestors to be Islamic is an interesting point of view. The idea that you would consider the Americans in the south to have descended from Islamic people, is surprising to me.
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