Quote:
Originally Posted by Richard
Times have certainly changed since we used to satisfy our need for cheap labor by purchasing it from either the Portugese in Africa or the English seeking to drain their jails of debtors. Ahhhh...progress.
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Well...in a way...it is progress. Instead of purchasing labor, we now get a short term rental. It frees up capital, and if the units of labor fail, we replace them with new units at no cost to us.
Occassionally, I reflect on the possibility that slavery was eliminated because it was no longer the cheapest model.
But that would be cynical, wouldn't it? 