Jezcoe
507
Plus, slave labor produced 75% of the world’s cotton by the 1830’s. It was 50% of the US’s export market.
Without that slave labor you don’t have all of that cotton. Without all of that cotton you don’t have the rapid industrialization of the Northeast. Without the rapid industrialization of the Northeast you don’t get massive infrastructure into westward expansion.
The decades before the Civil War saw the US move from an agrarian backwater to a real industrial power.
None of that would have happened without cotton.
Cotton relied on slave labor.
2 Likes
What in the world does that have to do with the price of tea in china?
what benefit did slavery provide after the war?
Jezcoe
510
What a strange question.
If we are going to go into Reconstruction and it’s failure I will admit that I am not as well versed.
The war didn’t erase the wealth that was built up by slave labor.
It is childish to say that there was an equation that was balanced by a war that was fought to keep the Union together with the result of being a final answer to the slavery question but saw the lives of the newly freed slaves not improve all that much.
zantax
511
What benefit did it provide prior to the war? Slavery is a poor economic choice. More wealth would have been generated by paying labor to produce cotton. Choosing slave labor over free labor is precisely why the south lost, why they were too poor to win.
WuWei
514
It erased a lot of it in the south.
Slavery made the USA and economic power and it showed no signs of slowing down leading up to the civil war.
It lowered income, not wealth. Those same former slaves often had to go back to the plantation but this time to make a tiny bit of money, instead of nothing.
Jezcoe
517
And it erased a lot of wealth in the North. A ton of capital on Wall Street was tied to slavery.
My response is boohoo.
What it didn’t erase was the previous decades and the enormous growth that the country saw. The US would not have grown like it did nor would have industrialized like it did without cotton, and cotton relied on slavery.
The abuse of that labor pool continued into post Reconstruction with sharecropping arrangements.
WuWei
518
I’m not talking about former slaves.
You missed my point. Plantation owners traded slave labor for paid labor.
Jezcoe
521
Slave labor for barely paid labor.
1 Like
WuWei
522
And land was confiscated. Taxes levied forcing the selling of more land.
zantax
523
No, slavery held us back economically. Do you really want to argue slavery is a better system than paid labor for generating wealth? I don’t think slaves were very good consumers.
zantax
525

WuWei:
That’s silly.
Is it? Slavery was an enormous waste of human capital. How many potential black Edison, Fords and Franklins died as slaves?
zantax
526
It always amuses me when people start extolling the economic superiority of slavery, in 2021 no less.