How was accounting used as plantation technology to make slavery more profitable?
How was accounting used as plantation technology to make slavery…
How was accounting used as plantation technology to make slavery more profitable?
Use sources based on
Accounting for Slavery: Masters and Management (2018), Caitlin Rosenthal. Introduction and Chapter 1.
“The Apparatus of Fraud Risk” (2013), Michael Power.
Why was the plantation system in the south so profitable?
With labor being free, this dramatically cut the cost of goods. Plantation owners thus owned the land, the tools, and the labor force. That’s how they made this whole process profitable. If it wasn’t for the free labor, it may have been hard to turn a profit on these crops.
