Dex-chan lover
- Joined
- Sep 1, 2019
- Messages
- 10,564
FINALLY SOMEONE POINTS IT OUT.
Okay, so I'm very sick of shows and media being like "I want this person to be free so let's just buy all the slaves and free them!" That's not how economics work. Profit attracts firms as it indicates success in the business, and therefore, if a business or method is successful, it incentivizes more people to enter the market until zero economic profit is maintained and firms freely enter/leave at their own pace. In this case, because slavery is profitable, it creates incentives to capture more slaves to keep up with the demand, and either breed people in servitude or enslave more people by force. How do you solve this issue? Either change the incentives or regulate the process, such as making the cost to upkeep slaves not economically viable, strictly forbid slavery, or force standards upon slave holders that cost so much that having massive amounts of slaves is not viable.
Okay, so I'm very sick of shows and media being like "I want this person to be free so let's just buy all the slaves and free them!" That's not how economics work. Profit attracts firms as it indicates success in the business, and therefore, if a business or method is successful, it incentivizes more people to enter the market until zero economic profit is maintained and firms freely enter/leave at their own pace. In this case, because slavery is profitable, it creates incentives to capture more slaves to keep up with the demand, and either breed people in servitude or enslave more people by force. How do you solve this issue? Either change the incentives or regulate the process, such as making the cost to upkeep slaves not economically viable, strictly forbid slavery, or force standards upon slave holders that cost so much that having massive amounts of slaves is not viable.