Latest / The Atlantic Slave Trade: Empire Built on Human Suffering — Fexingo History
The Slave Trade's Secret Ledger: Insurance and Finance
In this special 200th episode, Lucas and Luna explore the hidden financial machinery behind the Atlantic slave trade, focusing on the role of insurance companies in Liverpool and London. They discuss how underwriters like Lloyd's of London profited from the trade, the infamous Zong massacre insurance claim, and the broader economic networks of banks and investors. The episode examines the concept of 'insurance as risk management' versus 'insurance as moral hazard,' and reflects on the legacy of these financial practices in modern capitalism.
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