Summary
A new book, Ricardo’s Dream by Nat Dyer, reveals that Sir Isaac Newton’s wealth was closely tied to the transatlantic slave trade during his tenure as master of the mint at the Bank of England.
Newton profited from gold mined by enslaved Africans in Brazil, much of which was converted into British currency under his oversight, earning him a fee for each coin minted.
While Newton’s scientific legacy remains untarnished, the book highlights his financial entanglement with slavery, a common thread among Britain’s banking and finance elites of the era.
Yeah, this seems like a strange connection to make. “He was in charge of the mint, and the mint used gold, and a lot of gold at that time came from Brazil, which used SLAVERY to mine it!”
Like, yes, this is true, but it’s a connection to slavery only insofar as every major economic actor at the time was connected to slavery in some way.