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

Source: Ludwig von Mises Institute
by Joshua Mawhorter

“Slavery has existed throughout history in all places and cultures. It was not introduced by the political state yet, as with many things, slavery could not have had the scope or extent that it did in human history absent the coercive apparatus of the political state. Through cronyism, slaveholders consistently had to seek assistance from the legal system in order to socialize and enforce slavery. The enforcement costs for keeping slaves slaves would have been too high for the minority slaveholding elite to maintain slavery, beyond their own strength or what they could afford to hire.” (09/16/24)

https://mises.org/mises-wire/understanding-real-costs-slavery-its-not-cheap-labor