Tag Archives: slavery

There. Someone finally said it.Grasping Reality Caitlin Rosenthal : How Slavery Inspired Modern Business Management Brad DeLong | Professor of Economics, UCAL BerkeleySee also from BDL Economist : Why is macroeconomics so hard to teach?

Intended consequences of "spreading freedom and democracy" with bombs. Not that slavery isn't endemic in some parts of the world. But not in Gaddafi's Libya. That was then.CNNPeople for sale [in Libya] Nima Elbagir, Raja Razek, Alex Platt and Bryony Jones

There is a crucial passage in volume 2 of Capital as follows: “In a slave system, the money-capital invested in the purchase of slaves plays the role of the fixed capital in money-form, which is but gradually replaced after the expiration of the active life period of the slaves. Among the Athenians, therefore, the gain realized by a slave owner through the industrial employment of his slaves, or indirectly by hiring them out to other industrial employers (for instance mine owners), was...