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Pete Lincoln's avatar

Only 500,000 of the 10 million slaves taken from Africa came to British North America. Even after the importation of slaves trickled to a halt after the Revolution the Slave Population grew rapidly due to population growth. Contrast this with the Caribbean and other slave regions run by Italian and Spanish slave owners. They we're worked to death and had to be continuously replaced. Population only grew once the slavery ended due to economic reasons or rebellion.

Slaves in North America were considered valuable capital. The bankers realized too much profit was being eaten up caring for the young and old, and providing food, housing and healthcare. Wage slavery would be much better so the City of London took the initiative in banning slavery. It took the Civil War to end slavery in the US but they soon realized ending slavery would mean they could replace mans labour with machinery and the men operating the machinery would be less valuable than the machines. Human Capital was thus replaced with non-human Capital.

The jobless would migrate to the Cities where they would work at a pittance in factories due to a surplus of labour. After their long shifts they were on their own when it came to raising a family, housing, health care, food, etc and losing their job meant misery or death

The same is being played out today but this time the useless class or surplus labour will have nowhere to go but as a protein source for the few workers left (Soylent Green)

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