Chattel slavery was horrible and immoral which tends to make people forget that it was also incredibly stupid and inefficient. Wage slavery where people have th

Chattel slavery was horrible and immoral which tends to make people forget that it was also incredibly stupid and inefficient. Wage slavery where people have the illusion of freedom but are still coerced by the threat of starvation and homelessness is a far more efficient form of exploiting labor. Once the slavers were forced to modernize their operations became much more profitable.