Cotton
Race and the Atlanta Cotton States Exposition of 1895 (Georgia Southern University Jack N. and Addie D. Averitt Lecture Series)
Theda Perdue (Hardcover) University of Georgia Press 2010-02-01
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What impact did the cotton gin have on slavery in the united states?
Before cotton was a long a labourous process to get it from being picked to the factory. The cotton gin made spinning the cotton way way easier and faster. So fast that they needed more slaves to keep up with production. Therefore, slavery increased like ten fold. The slavery numbers (sorry I don't have the correct numbers on hand) exploded to almost outragous numbers in just a few years. Without the cotton gin the south wouldn't have had nearly the amount of slaves that it had by the Civil War.
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I am not against farming subsidies in general since we would need to grow our own food if there is another major global war, but why subsidize the cotton barrons? This seems like a huge waste of tax payer money just to enrich the politically influential cotton barons. It is cheaper to import atleast some of our cotton.
The problem is that very large benefits go to a few groups who therefore have an incentive to work very hard to keep the subsidies. The costs are widely distributed - they affect millions of consumers, but the costs are pretty small for each consumer, so they have little incentive to lobby against the subsidies.
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Cotton was a huge crop in Louisiana and Mississippi -- that's why thousands of slaves were "needed" for every huge plantation.
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IP tango: Brazilian Government Tailors a Bill on Trade Sanctions
As a result, the government concluded in a rush a draft of proposed law and delivered it to the Parliament on November 23, 2009. In a nutshell, the Bill establishes the weapons that may be used by the government. Among them is the intellectual property rights, which encompasses the suspension of royalty remittances derived from technology transfer and licensing agreement, the grant of compulsory licenses and the importation allowances of drugs and generic drugs still under local patent protection. To secure the enforcement of the US$350 million in sanctions against the United States, recently issued by the WTO against the subsidies of cotton producers, the government is pressing hard the Parliament...
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