Obviously, slavery and segregation play a major role in how wealth nowadays is distributing. Furthermore, it has had major implications on African nations for quite a while. For example, some African nations continued with slavery after the US and others had stopped. Sounds kinda odd right? Except that the demand for slavery in the US and other places created an economy that is more dependent on slaves, hence very very slow change.Obviously slavery did contribute a lot to the US economy, and even more in South America, in the early days. But that is hardly relevant to the economic growth after the second world war, which is the vast bulk of increase in economic activity. Note that of course estimated statistics from hundreds of years ago inherently is flawed to use. But I’d say it’s fair to say that it’s a reasonable approximation and the best source of information.
I am more referring to how we benefit from the use of slave like labor in the things we buy today.
Yeah no that doesn’t fit the definition of slavery
But the explanation of individuals for personal gain will be looked at by future generations a lot like we look at slavery today.
Eh, don’t really know what future morals will be. At least it’s simply not slavery
Pre civil war there was no socal bias that looked poorly on it. So won't one day when tecnology eliminates starvation will people look at us the same way.
But buying a cell phone made with slave like labor is a choice we all make.
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Oh yeah? How many slaves do you have? What do you import prostitutes or something?
I would disagree with your update. The chinese factory workers are making more than they’d make farming in a field, and the illegals still must see some benefit to working for the lower wages... but this is a good argument to be tough on illegal immigration to this country.
What about the African diamond mines. Would you be ok knowing those people personally and being on with them living off so little so you can get a new thing 20% cheeper?
Diamonds are a different story, because their value is made up. But that’s how economics works. We pursue cheaper items, which gives emerging economies money. They move up into higher wages eventually. Would you be ok with poor people being unable to afford food because you insist everyone gets paid at a level you think is acceptable?
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