Prior to Keynes, the US built it's wealth on slave labor. The cost for human rig... | Hacker News

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		nouveaux on Aug 10, 2020 \| parent \| context \| favorite \| on: CEO of Uber: Gig Workers Deserve Better Prior to Keynes, the US built it's wealth on slave labor. The cost for human rights is high.

cltby on Aug 10, 2020 [–]

There is a strong consensus among economic historians that slavery didn't move the needle that much. Cotton production was perhaps 5% of GDP. The slave stock constituted perhaps 15% of national wealth.

https://sci-hub.tw/10.1016/j.eeh.2017.12.002

michaelmrose on Aug 11, 2020 | [–]

Slavery wasn't an evenly distributed affair.

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