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The other interesting thing on this topic is the work of economist Bob Murphy on the absolute failure of slavery. Not only is it immoral. It is also a poor use of human resources. He makes a very interesting case that not only did slavery harm the slaves it also harmed those that weren't slaves nor owners of slaves. The collective productivity lost by enslaving people is huge. If you think about it, it makes sense. A free man will have incentives to do his best work with both his mind and body. A slave will rightfully despise his owner and the work he is forced to do. This will lead to less productivity.
That line of thinking made me wonder what amazing discoveries we are missing out on due to the poverty in most of the world. What minds are we being robbed of? What boys and girls around the world could cure cancer or solve other huge issues? What if we had a fair and just money? We have no idea what we could be missing out on.
Great points @kepford. I was planning to touch on a similar theme on a ~privacy topic I have in the works. That people may well look-back on financial colonisation with as much anger and disgust as they do with slavery and geographical colonisation today.
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