Slavery and Scientific Management

In the last few years, the controversy over the economic history of slavery has centered about two positions. On the one hand, Genovese has argued that the slave mode of production was fundamentally antagonistic to the bourgeois mode and that the conflicts between the two systems doomed slavery to a nineteenth-century grave. On the other hand, Conrad and Meyer spawned many studies which, on the whole, denied that any specifically economic difficulties resulted from the fact that the American south was based on slave labor. Against Genovese's original claim that “the material basis of the planters' power was giving way,” the statistical evidence indicated that the profits of the slave plantation were as high as those on non-slave business investments, and that the diffusion of technological changes was rapid enough to cause a rate of productivity increase equal to that of all but the most rapidly growing sectors of the free economy. Sheer volume supplemented the elegance of the early discussion and our knowledge of the slave economy expanded considerably.