You are viewing a single comment's thread. View all
4
TakenusernameA on scored.co
12 days ago4 points(+0/-0/+4Score on mirror)1 child
If you actually think about slavery, it makes no financial sense. You have to pay to feed and house the slave, and are responsible for him if he ever does anything retarded. It should be a million times cheaper to just pay someone to do the job.
Adam Smith writes about this in "The Wealth of Nations". Smith argued that slavery is inefficient from an economic standpoint, that free labor was more productive than slave labor.
Also, in the Antebellum south, the banking system was set up to support the slave system. Slaves could be used as collateral for loans.
Also, in the Antebellum south, the banking system was set up to support the slave system. Slaves could be used as collateral for loans.