What I've read is that it had cost more to feed, house, and take care of a slave than it did to pay them extremely low wages once they were free.
But how does this make sense? The only way that could be possible is if you're paying the ex-slaves less than the cost of keeping them alive. Eventually they would just die off, wouldn't they?
Even if you think of slaves as being like horses, this is terrible farming practice. A strong well-fed horse (or black person) does much better work than one that is starving to death or sick due to malnutrition. It seems logical that keeping an army of well-fed animals (slaves) to work in factories or farms would be very profitable.
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It might also be profitable to educate the slaves so they can also do somewhat skilled work and follow written instructions. Slaves could weld, lay bricks, work in a steel mill, print license plates (lol prison joke)
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