@CupasTopNigga@actual_Diogenes@nosilverv along with a larger population.
Slave plantations were - per capita - more profitable than northern farms or even non-slave plantations were.
@CupasTopNigga@actual_Diogenes@nosilverv You are welcome to read for yourself: "Time on the Cross: The Economics of American Negro Slavery"
Chick-fil-A is the most profitable per capita, McDonalds is generally larger.
In this case, slave plantations are the former as the north‘s industry was generally larger
@CupasTopNigga@actual_Diogenes@nosilverv 1. I mathematically showed you how that conclusion is wrong.
You‘re welcome to reiterate, but that won‘t make it more correct.
2. Minimum wage is the legal wage floor set by the government.
If there is no legal minimum wage, the minimum wage isn‘t zero but simply non existent.
@CupasTopNigga@actual_Diogenes@nosilverv The statement that "Plantations which did not employ slaves in Confederate America were significantly more profitable than their slave owning counterparts." Is just historically wrong.
In fact, the opposite was largely true as Robert Fogel or Stanley Engerman state.
@CupasTopNigga@actual_Diogenes@nosilverv Their driving fear is not being fired - most don‘t care as they can find equally badly paid work elsewhere - but simply getting their paycheck.
The result is the same, with the caveat being that the free worker is more expensive: Doing the bare minimum.
@CupasTopNigga@actual_Diogenes@nosilverv You are correct in the sense that slaves have no personal motivator for work beyond not being abused - but you are absolutely incorrect regarding the free workers in this scenario.
Both are unskilled laborers, and the latter work for minimum wage.
@CupasTopNigga@actual_Diogenes@nosilverv "Again, physical punishment wastes time that could be spent laboring."
It also discourages inefficient labor.
I explained, mathematically, how slavery is efficient.
You have yet to actually present an argument rather than mere claims.
@CupasTopNigga@actual_Diogenes@nosilverv The maintenance a decently built wooden shed requires is negligible, and I don‘t believe that the average minimum wage worker is more motivated to work than a slave.
Perhaps it may even be the opposite, as the minimum wage worker doesn‘t have to fear physical punishment.
@CupasTopNigga@actual_Diogenes@nosilverv Assuming you have 4 slaves - rather than 4 employees - and we take the highest estimate of the costs to construct a shed, you'd still break even after roughly 2 weeks.
After that point, the entire operation becomes vastly more profitable.
@CupasTopNigga@actual_Diogenes@nosilverv That means you pay each employee slightly more than 5x the daily cost of a slave, while also getting lower work hours out of them.
Total material costs for the shed would be roughly €1,800–€5,100 - depending on how you source materials.
@CupasTopNigga@actual_Diogenes@nosilverv Food isn't particularly expensive - you can buy in bulk and feed a person for a day with a third of an hour's pay - and shelter isn't that hard to construct.
Throw a few guys together and have them construct a hut in a day or two.
@CupasTopNigga@actual_Diogenes@nosilverv Idk where you got the idea that slavery is less efficient than just paying workers.
You obviously have extra costs like security and supervision, but you can also afford to spend a lot less per slave.