Political Memes

It was about the governmental balance of power, of course. But it was also about slaveholders wanting to expand their wealth. While chattel slavery in the antebellum south wasn’t capitalism, with the invention of the cotton gin and de facto “industrialization” of cotton production, these slaveholders were generating large surpluses that needed to be reinvested i.e. capital. Couple that with the fact that slaves literally reproduce themselves and they need to have somewhere to work in order to generate profit or at a minimum preserve themselves, southern slavers eyed the west greedily. They needed western states to be slaves states so they could purchase large tracts of land and move their slaves out there. Forcing slavery to exist only in the south would create a situation where slaveholders would not only not have outlet for capital reinvestment, but also no outlet for a growing slave population.