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Did the free markets ended slavery in US or under-age working? I remember many good things had to be forced with laws and not let to be decided by the big compa
by simion314 8y ago
Did the free markets ended slavery in US or under-age working? I remember many good things had to be forced with laws and not let to be decided by the big companies.
- kevinherron 8y agoAre you equating the "injustice" of not being able replace the battery in your iPhone with that of slavery?
- simion314 8y agoNo, I am invalidating the point of "Free markets" solve things, so you can ignore the slavery and put other things free markets did not solve like pollution,cigarettes etc but I assume someone would bring the excuse that the goverment was at fault all along and free markets were not free.
- RcouF1uZ4gsC 8y ago> Did the free markets ended slavery in US In a very oblique manner it did. Industrialization (which was very much a product of free markets) of the Northern States made the economics of slavery untenable in the North. Once people were not as blinded by profits, they could actually see that slavery was a moral evil. In the South, the economics were very different and therefore a lot of rationalizations were formed as to why slavery was not that evil. In addition, Industrialization enabled larger population growth in the North as well as larger production. This is what gave the Union the advantage in manpower and material that allowed the North to win the Civil War.
- simion314 8y agoHow were the markets less free in the south? From what I know from history the difference was that south was more agriculture focused and this meant they had different interest then the north , I am not from US so I did not studied all the details of US history. Even if say free market solved the issue, is it reasonable to wait centuries for the free markets to solve things then dare to vote some laws ?
- iguy 8y agoWell the labor market was certainly less free, for one :) It's worth knowing that the south was once considerably richer than the north, but industrialisation changed things in the 19th C, by the end of which the north was vastly richer (per capita), richer than anywhere had ever been before. In this sense free capitalism did vastly outcompete an unfree economy.
- simion314 8y agoIMO not free market solved the problem.
- darkpuma 8y agoThe mechanized cotton gin greatly increased the demand for slave labor in cotton fields.
- AnthonyMouse 8y ago> Once people were not as blinded by profits, they could actually see that slavery was a moral evil. It was actually quite the opposite. Pre-industrialization, serfdom and slavery were basically equivalent. You hand a local lord and if you worked for him you got food and shelter. Your alternative was to run off into the wilderness and fend for yourself, which frequently meant starving or freezing to death or being mauled by a bear. Unsurprisingly not many people chose that. Then factories show up and suddenly your alternative is to run off and go work in the factory. Naturally many people started preferring to do that, which turned the plantations upside down because their economic system was based on the workers not having anywhere else to go. Their response was brutal. Chains to keep slaves from running away, hunting runaway slaves with dogs, savage beatings, etc. None of that stuff was really commonplace before industrialization. The response to industrialization was what made 19th century slavery so much worse than traditional serfdom. But that response was as futile as it was brutish. The factories made slavery uneconomical. You can't defeat supply and demand with chains and whips. All they do is cause the slaves to want to run away more. The factories destroyed slavery directly, by out-competing it. It's questionable whether the war was even net positive -- that was a whole lot of blood spilled over an economic system that couldn't have sustained itself much longer in any event.
- RcouF1uZ4gsC 8y agoI agree with what you say. I meant my comment mainly about the North. There, like you said, the factories made slavery uneconomical. Because their livelihoods did not depend on slavery, people were able to take a more objective look at the morality of slavery and come to the conclusion that it was an evil. In the South, people's livelihood depending on slavery. Because of that, their minds did all sorts of rationalizations as to why slavery was not that bad. >The response to industrialization was what made 19th century slavery so much worse than traditional serfdom. The other thing that made 19th century slavery so much worse than traditional serfdom was the racial aspect. If a serf had some skill and went to a town and somehow became a craftsman, people could not look at the him and know he had once been a serf. Because of the racial aspect, ex-slaves could not escape people immediately knowing that they had been slaves.