To Start slavery in any form is immoral and needs to be abolished from every corner of the globe.
I am asking this because I heard somewhere that a big factor for the banning of slavery in these industrialized areas of the world (I.e Britain and the Northern US) was motivated by profits because it was better on profits to have paid workers rather than slaves.
That could also be 100% wrong but if it is true then wouldn’t slave labor bring more profit than a paid worker?
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Slave labor is in fact the cheapest form of labor since the “employer” has total control over the cost of labor. If slaves are plentiful they can work them to death and get new ones (like Nazi Germany in WWII).
The US found other ways of exploiting labor, through Chinese coolies, prison labor, company towns and so on, but those forms were still more expensive than chattel slavery. Plus slaves in the US were used as collateral in financial transactions, a kind of profit making you can’t do with people who aren’t your property.
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