Understanding the Real Costs of Slavery: It’s Not Cheap labor

Tags: Cronyism and Corporatism, Philosophy, Progressivism, U.S. History

09/26/2024 Joshua Mawhorter

The standard belief is that slavery was about obtaining “cheap labor,“ yet nothing could be further from the truth. Slavery comes with high opportunity costs, which is why American slave owners depended upon several government regulations to subsidize their “peculiar institution.”

Original article: Understanding the Real Costs of Slavery: It’s Not Cheap labor

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