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The Liberation of the Serfs - The Economics of Unfree Labor (Paperback, 2012 ed.)
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The Liberation of the Serfs - The Economics of Unfree Labor (Paperback, 2012 ed.)
Series: The European Heritage in Economics and the Social Sciences, 14
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In Europe, the liberation of the serfs was a project initiated in
1806 with a scheduled completion date of 1810. It was obvious to
those who planned the project that the liberation of the serfs
involved a complete overhaul of agriculture as it was then known as
Europe moved from feudalism to capitalism. For this reason, Prussia
was careful in implementing the reform, and did not rush, after
seeing the Kingdom of Westphalia perishing under its crushing debt
accumulated in part from Napoleon's failed Russian campaign. The
basic hypothesis of this book is that slave labor can never be
efficient and will therefore disappear by itself. However, this
process of disappearance can take many years. For instance, two
generations after the importation of slaves to North America had
ended, the states still fought over the issue, and this despite the
fact that Ely Whitney had invented the Cotton Gin in 1793 and
already then made slavery in cotton production literally
superfluous. While there have been several books on the economics
of American slavery, few studies have examined this issue in an
international context. The contributions in this book address the
economics of unfree labor in places like Prussia, Westphalia,
Austria, Argentina and the British Empire. The issue of slavery is
still a hotly debated and widely studied issue, making this book of
interest to academics in history, economics and African Studies
alike.
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