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Not contradicting the second part, but I want to emphasise that they are different things. Slavery (and capitalism) can be extremely inefficient and simultaneou
by robtherobber 8mo ago
Not contradicting the second part, but I want to emphasise that they are different things. Slavery (and capitalism) can be extremely inefficient and simultaneously wildly profitable.
- n4r9 8mo agoSurely it's meaningless to compare the efficiency of slavery vs other systems, since your set of resources is completely different.
- tgv 8mo agoYou could if you look at e.g. the crop yield (ceteris paribus). I don't know why you would, because what sane conclusion could you draw from it?
- direwolf20 8mo agoYou could compare systems to identify which one produces the greatest profit from the least costs, which the main thing an entrepreneur cares about.