The early Colonies from 1492 onwards were all ruled and settled by ‘white settlers.’ The areas settled included the Americas and to a small extent the Portuguese colonised Africa, and the Dutch settled in Southern Africa in 1652. All of these can be characterised as ‘settler colonies.’

Colonisation and slavery were the cornerstones of the Industrial Revolution. European industrialisation and Atlantic-American slavery as two structural global transformations must be understood as an integral whole. Industrialisation in the 19th century was enough to bring Europe out of a backwater in terms of global wealth and power. The processes of industrialisation have been written about in detail by scholars, and students of economic history will be deeply aware of industrialisation.