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Originally Posted by The_Jazz
Wait, so you're positing slavery in the NORTH? That had been outlawed in most of the northern states in the 1820's or earlier. I can't imagine it being reintroduced in a post-war atmosphere.
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Slavery had been well established in the South for generations and was all but gone within decades of the end of the Civil War. It was outlawed in the USA, not the CSA. The Confederation would have been happy to allow slavery in the North, out of everything including spite. The North, being beaten and probably having Southern military posted to quell rebellion, would have probably given in to greed eventually. Combining the cheap labor of slavery and the efficiency of industry would have been a clear economic choice for maximized profit.
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Originally Posted by The_Jazz
The South was selling the majority of their goods to Europe anyway, and the Northern textile factories weren't yet geared to take advantage of those goods. Neither the northern nor southern blacks had any capital to begin with, so I fail to see how international banking would have had any impact at all. The Great Depression was not a solely American affair, and it was in part brought on by the post-WWI surpluses. In this world, does WWI even happen? I can make an arguement that it does not, or at least realigns the Entente and Alliance.
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The white slave owners obviously would have the capitol, and plenty of it. They would also probably want to have a larger and larger work force as the US expanded West. This would mean millions upon millions of black slaves working in agriculture, manufacturing, and other industries as they developed, gaining the skills to do the jobs. When there would eventually be a rising up to overthrow the fat complacent slave owners, they'd be able to pick up and keep going. That is when the wealth would slide from the white elite to black business and land owners, and slavery would be outlawed. Obviously this is all a big fat guess, but I suspect that this overthrowing would be before 1900, which was right before WW1. This wouldn't really have prevented the causes of WW1, so it would have happened. Immediately following WW1 was the roaring 20s when the bankers pounced. Only I don't think it would have worked in a country that had a predominantly black populace in high positions that didn't trust white people. The 20s would have come and gone and there wouldn't have been a Great Depression. Credit may not have even been able to gain a foothold. WW2? I dunno. I don't think it would have been prevented, considering the causes.
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Originally Posted by The_Jazz
And will, you're going to have to explain to me how a black resident/slave/citizen/whatever of the CSA becomes POTUS.
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The CSA would have been overthrown. The backlash would have been reverse racism on a national scale and something that may have lasted over 100 years. White people may have had a glass ceiling in the 70s and 80s and are just now getting back into the swing of things.