Slaves were an economic positive but a social negative in history.

The surprisingly-optimistic findings derived from the recent research regarding Caribbean plantation slavery, however, have found their corollary in the new findings regarding labour migration from Asia during the nineteenth century. Most studies now refute the view that indentured labour migration was simply the slave trade and slavery in another guise. By moving to the Caribbean, Indians, on average, increased their living standards considerably. Indian women living overseas did have fewer children than in India, but the death rate in the Caribbean-except during the early years of immigration-was also considerably lower, resulting in a demographic growth rate higher than in India itself. Suicide, marital violence, and return migration decreased over time, while Indian ownership of land, savings, and even physical stature increased. These new data have destroyed the (no doubt racially biased) assumption of the abolitionists that more than a million Asian migrants were of such limited intellectual capacity as to be misled for almost a century into inadvertently degrading themselves. In reality, the attraction of the earning potential of the Caribbean can be deduced from the massive influx of Asian migrants. After all, they could have opted to go to many destinations in Africa and Asia, or, for that matter elsewhere in India itself. ()

another underlying factor in the economics of slavery

Perhaps the most profound factor, and the one most difficult to discuss in slavery, is racism.
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Slave Prices and The Economy of the Lower South, …

In principle, the ending of the terrible and inefficient system of slavery should have produced progress, optimism, and gratefulness on all fronts. To many, however, the end of slavery in the Caribbean was a big disappointment. On average, the ex-slaves did not become yeomen farmers nor did they improve their income and status as free plantation workers as many had hoped. The abolitionists in Europe and North America, who had fought so gallantly to get slavery abolished, were dismayed. The pessimistic predictions of their adversaries about a dramatic decline in plantation output had proved all too real. () Most abolitionists had not expected that so many of the freedmen would leave the plantations or that so many would fail to become the hard working, God-fearing peasantry that they had envisioned. Unwilling to admit that the fault lay with an unrealistic assessment on their own part; they attributed the blame to the planters as well as to the colonial and home governments. Obstinacy or obstruction on the part of the planters and the colonial civil servants could only lead either to the stagnation that the freedmen had experienced, or, worse, to a decline in their living and working conditions. Yet, the planters were also disappointed. They realized that their slaves had not been emancipated in order to improve the profitability of their plantations, but only a few planters had expected that their supply of permanent plantation labour would be reduced so dramatically. In order to fill the gap they were forced to search for reliable labourers in such far away places as India and China. In sum, the abolition of slavery seemed to have produced nothing but disappointment all round. ()

Slave Prices and The Economy of the Lower South, 1722-1809

Just like our textbook---A Short History of the American Nation, ¡°No reform movement of this era was more significant, more ambiguous in character, or more provocative of later historical investigation than the drive to abolish slavery.¡± Abolition Movement was not only meaningful to itself, that is, slavery was abolished and black slaves were freed, but also meaningful to the whole nation, because it exerted much influences on American society and economy....

The belief in white superiority and black inferiority was imposed upon the African slaves.
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What are the five levels of society in the South

In view of this dearth of data we have to rely on circumstantial evidence. Thus it is of the utmost importance to use our new insights into the nature of the plantation economy and of indentured migration from Asia to test the existing interpretations regarding the post-emancipation societies. While we might be approaching the 'end of history' in the historiography of slavery, we certainly have not reached this point in analysing the relevant information about the post- emancipation period. ()

Slavery in the United States was a labor system that depended upon ..

Many factors played a part in the existence of slavery in colonial America; the most noticeable was the effect that it had on the personal and financial growth of the people and the nation.

The Growing Crisis of Sectionalism in Antebellum America: A House ..

In much of the existing historiography the traditional are the planters. They are accused of clinging to an old-fashioned and wasteful production system. This system, it is claimed, had already adversely affected profits during the last decades of slavery and it continued to do so after slavery had been abolished. These continuities between the pre- and post- emancipation periods have constituted the traditional explanation for the fact that the effects of slave emancipation did not come up to expectations. ()