The legacy of historical connection between capitalism and slavery is complex and multifaceted. Capitalism has facilitated economic growth and innovation, and has lifted many people out of poverty. On the other hand, the exploitation of enslaved labor has had lasting effects on the economies and societies of both the colonizing and colonized countries. The exploitation of labor in the pursuit of profit has been a factor in other forms of labor exploitation, such as sweatshops and modern-day slavery.
