[quote]Gambit_Lost wrote:
orion wrote:
Gambit_Lost wrote:
orion wrote:
Gambit_Lost wrote:
lol. Looked like I pushed some buttons, huh? When did the accumulation of capital make capital less expensive than slave labor? Can you put a year on it?
Again, there is an argument for libertarian ideals to eventually lead to the end of slavery. The accumulation of capital eventually making firms choose capital over labor is not the argument.
There is no doubt that my worldview is extremely warped because I don’t believe that slavery ended b/c of the libertarians and capital accumulation, no doubt. You won’t find me arguing that point.
Capital needs to be operated.
Heavy machinery requires skilled personal.
Training to work that heavy machinery is expensive and takes time.
You cannot whip slaves to learn how to operate sophisticate machinery and to use them efficiently because they try to get away with doing as little work as possible.
Free people working heavy machinery are more productive than slave labor because they get to keep what they earn and have superior tools.
Slave labor no longer pays off and disappears because it is out competed by free men using more capital.
You really think we would not have slavery right now if it was still good business?
What did those who had slaves at the time think? Did they think it was good business? How high a cost were they willing to pay to keep their slaves? Was it capital accumulation that made it “bad business” or something else?
Put another way, are there, today, still industries that require large amounts of labor and low capital? What explains why these firms chose not to use slaves?
It really does not matter what they thought. They would have been outcompeted anyway.
That is the beauty of capitalism, you adapt or you perish.
And yes there are and they moved to countries where human labor is cheap, giving those people a chance.
Now could they theoretically use slavery?
Id say the point where they could effectively do that lies in the past, but even if they would want ti use it now we would not buy their products.
People went apeshit when Kathie Lee-Gifford paid them three times the market price for their labor , what do you think would happen with actual slavery?
Primary source documents “don’t matter” when studying history? This is what I’m LOLing: theory over everything else.
Many high labor (low capital) industries moved abroad, but all of them? And why did they move abroad again? Wages you say? Huh. How large a wage do slave get? You were saying something about capital accumulation removing the need for unskilled labor, weren’t you?
People went apeshit when Kathie Lee-Gifford paid them three times the market price for their labor , what do you think would happen with actual slavery? You mean, “what is happening,” right?
Theory is great, but it doesn’t trump everything. Capitalism is great, but it isn’t a panacea for everything. Libertarianism is great, but it didn’t end slavery.
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