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Slavery was very efficient. Slaves were fed and sheltered at low cost and produced outsize yields and profits. It was a heinous, evil, but efficient system. The
by metabagel 5y ago
Slavery was very efficient. Slaves were fed and sheltered at low cost and produced outsize yields and profits. It was a heinous, evil, but efficient system. The Civil War was fought precisely because slavery was so profitable.
- 8note 5y agoSlavery continues to be very efficient, especially with mechanization. It's just moved out of the US. Eg. shrimp farming
- namlem 5y agoIt's efficient for the slave owners, but not for the economy as a whole, as the slaves are unable to build up human capital and shift into more productive work.