Slavery Vs Slavery

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Southern planters were under the mistaken notion that slaves were necessary to cultivate cash crops. Because of this belief, they thought that slaves were necessary to maintain their economy and, thus, their way of life. However, the South would have been more productive and profitable had a free-market society existed, instead of slavery, for two main reasons: 1) Under slavery, there was no motivation to work. Had they been paid, or at least indentured servants, they would have reason and motivation to work. Thus, paid labor would have resulted in greater productivity and employee morale. 2) Slavery destroyed the competitive business environment. Since slavery was seen as the only way of conducting business, no planter could gain a competitive
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