Skip to content

Slave Quote by Thomas Piketty

“In 1860, the average price of a male slave of prime working age was roughly $2,000, whereas the average wage of a free farm laborer was on the order of $200.” quote by Thomas Piketty
Download Open image
““In 1860, the average price of a male slave of prime working age was roughly $2,000, whereas the average wage of a free farm laborer was on the order of $200.””

Thomas Piketty

About This Quote

Source Book: Capital and Ideology, 2019

Historical slave prices vastly exceeded free labor wages, highlighting extreme economic inequality.

In simple terms: Slave labor was far more valuable than free labor.

Key Takeaway

Recognize roots of modern inequality.

Themes

economics history inequality

Mood

thoughtful critical

Type

historical economic

When to use this quote

  • policy analysis
  • education
  • social justice

Key Concepts

wealth distribution labor value

Questions to Reflect On

  • How does this history inform current policy?
  • What reparations are justified?
A Different Perspective

Numbers alone ignore human suffering.

3.8 out of 5 (4 ratings)

More by Thomas Piketty

Explore all 124 Thomas Piketty quotes

More Slave quotes

Browse all 2,433 Slave quotes