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.””
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.
Recognize roots of modern inequality.
Themes
Mood
Type
When to use this quote
- policy analysis
- education
- social justice
Key Concepts
Questions to Reflect On
- How does this history inform current policy?
- What reparations are justified?
Numbers alone ignore human suffering.