FYI: The man who once made cotton the most traded commodity on Earth didn’t make any money off of it. Eli Whitney, the creator of the cotton gin, got a little too greedy. After building a device that could extract cotton while leaving behind the seeds, Whitney went into a partnership with Phineas Miller, a plantation manager, to sell his machine across the southern United States. However, when the men went to sell their prized possession, they asked for a bit too much. In At Home: A Short History of Private Life, Bill Bryson explains what went wrong:
Regards,
Ted
https://ofdollarsanddata.com/the-price-of-greed/