Slaverymanagement - -- slavery had been profitable, not...

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9/21/11 Slavery and management tech- niques Does efficiency come from rational choices made by free and willing agents? Under antebellum US slavery, it did not.
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9/21/11 Slavery and management tech- niques I. Time on the Cross II. Fogel’s dilemma III. Efficiency measurements IV. Decoupling efficiency and virtue
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9/21/11 Slavery and management tech- niques I. Time on the Cross -- Time on the Cross: The Economics of American Negro Slavery (New York: Little, Brown, 1974) -- a good work ethic -- a source of price -- The Today Show , April 30, 1974 -- Robert William Fogel & Kenneth Clark -- “a tidy, rational world that never was” Kenneth Stamp
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9/21/11 Slavery and management tech- niques II. Fogel’s dilemma -- youthful commitment to racial justice -- Conrad & Mayer paper, 1958 -- slavery analyzed as investment
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Unformatted text preview: -- slavery had been profitable, not dying away-- but was slavery efficient?-- liberal economic commitment-- property rights and economic progress 9/21/11 Slavery and management tech-niques III. Efficiency measurements-- southern slave agriculture 35% more efficient-- productivity index 1860 (Evsey Domars method)-- labor (man-years), land, capital-- product/costs-- criticisms-- substantial: see Mantra , p. 135-- scholarly apparatus 9/21/11 Slavery and management tech-niques IV. Decoupling efficiency and virtue-- Without Consent and Contract (1989)-- efficiency through force-- gang labor-- new kind of worker like in factory system, p. 399-- Slaverys productive efficiency arose directly out of the oppression of its laborers (p. 411)...
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This note was uploaded on 09/21/2011 for the course HSCI 1715 taught by Professor Alexander during the Spring '11 term at University of Minnesota Crookston.

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Slaverymanagement - -- slavery had been profitable, not...

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