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Slavery as an industrial system

Note 47 — Chapter V · CONCLUSION.

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Where cereals are grown and agricultural produce is not exported on a very large scale, the course of things is different. An increase of slaves above a certain number is of little use to the owner. When he has slaves enough to provide him with a large quantity of food and other necessaries for the use of himself and his family and personal servants, he does not want more slaves. The agricultural produce they could furnish would not be worth the pains of supervising them. The slaves (except a few who are kept for domestic services) are soon allowed to live rather independently, bound only to provide fixed quantities of agricultural produce and perform occasional services. And when the use of money becomes general, these slaves often contract with their masters to pay a yearly tribute in money instead of the services and payments in kind. The slaves become serfs. And gradually the whole of the lower orders are merged in this servile class. Ancient slaves, members of subjected communities, helpless persons who seek the protection of a powerful chief, all become the subjects and dependents of the ruling nobles. Such was the social system of the early Middle Ages, that in the course of time was entirely overturned through the progress of manufactures and commerce and the gradual appropriation of the whole of the land47.

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