The real reason the South seceded, and it wasn’t states rights as so many on the Right like to claim, it was, as we all know, a matter of the 1% wishing to protect their assets. Mark Ames:
A little over a year ago, while researching the Confederacy’s economy, I stumbled across this unnerving graph charting the value of America’s “stock of slaves” in the last decades before the Civil War.
This graph tells the real story behind the South’s secession: the value of the South’s “slave stock”—the property of the ruling class — soared as secession approached, reaching an almost 90-degree angle in those final years before Harper’s Ferry. The South’s ruling class seceded to protect their riches, period:
From afar, if you didn’t know that human “slave stock” was the asset being charted, you could easily mistake this graph, and its parabolic trajectory, for one of the many destructive asset bubbles this country has suffered right up through our own time.
Up close, this graph drips greed, mass murder and shame — it strips away the historical revisionism that falsely ascribed the South’s “cause” to an almost selfless, tragically romantic attachment to “tradition” and “culture”; it gives lie to the myth that slave owners kept their slaves to the detriment of their own bottom line.
Like the worst wars and the worst of history’s villains, the Confederacy’s one percenters seceded and fought in order to continue profiting from their most valuable investment properties — their human slave stock.
You should go read the rest of Mark Ames’ piece.