The profitability of slavery is an enduring question of economic history thomas gowan, writing way back in 1942, noted wearily that “the debate  has been going on, in one form or another, for almost one hundred and fifty years” intuitively, a business that uses slaves should be profitable. Robert fogel and stanley engerman wrote in their 1974 book, time on the cross: the economics of american negro slavery, that slavery was perhaps more profitable than other investment opportunities in similar industries, such as farming. Slavery in the us was distinctive in the near balance of the sexes and the ability of the slave population to increase its numbers by natural reproduction unlike any other slave society, the us had a high and sustained natural increase in the slave population for a more than a century and a half.
Northerners profited from slavery in many ways, right up to the eve of the civil war the decline of slavery in the upper south is well documented, as is the sale of slaves from virginia and maryland to the cotton plantations of the deep south but someone had to get them there, and the us coastal trade was firmly in northern hands. Slaves on farms or small plantations, spouses may reside on other plantations ties were loose and fragile responsibility for child-bearing was the mothers, with help of friends and family name the major american slave revolts(p263. Topic title: profitability of slavery briefly state the two opposing views a abolitionists condemned slavery based on moral, social, and economic reasons many believed that slaves were mistreated and were often subjected to corporal punishment.
The decline of slavery in the upper south is well documented, as is the sale of slaves from virginia and maryland to the cotton plantations of the deep south but someone had to get them there, and the us coastal trade was firmly in northern hands. The profitability of slavery by harold d woodman, 1975, bobbs-merrill edition, in english. Alfred conrad and john meyer calculated the price of a slave along with their rates of return to determine profitability they concluded that the rapid increase of factor prices (slaves) was mainly due to the fact that output per slave was also increasing.
Profitability of slavery 1399 words feb 1st, 2018 6 pages the latter part is precisely the reason slavery ended because it was no longer profitable to slave owners.
The profitability of slavery essayswhen people think slavery, they view it as the dehumanizing and degradation of the african race solely because of the color of their skin people do not see that there were profits to be made with our african ancestors in the eighteenth century, our ancestors.
The relative profitability of the institution of american slavery: 1830-1860 chad dacus1 robin sickles economics department economics department rice university rice university january 2, 2006 abstract the profitability of owning slaves has been a popular area of research in economic history.
The most significant recent development in the study of economic history has been the investigation of the profitability of american slavery made famous in robert fogel and stanley engerman’s time on the cross website powered by mises institute donors.