I’m talking about basing an economy off of one export and then starting a war with the dudes who have all the boats an the manufacturing
Comment on Welcome to industrialization, bitchass
TheTechnician27@lemmy.world 1 week ago
Welcome to industrialization
Industrialization in the form of the cotton gin was one of the main reasons slavery was so profitable in the South. What are you talking about?
Godric@lemmy.world 1 week ago
zxqwas@lemmy.world 1 week ago
A southerner would think they would lose the export anyway due to abolition. So gambling on the union not being that keen on fighting may be sensible.
Staples_McGee@lemmy.world 1 week ago
Slavery was even dying before the cotton gin was invented. It’s inventor even thought it would end slavery; but ironically for him, it did the opposite.
Turns out if you can use less slaves to make the same amount of cotton, demand goes up and thus supply must too.
SwingingTheLamp@piefed.zip 1 week ago
Whoa. When you put of that way, it’s the Jevons Paradox again.