Random politics, slavery was brilliant, but indentured servitude works well to this day.
I disagree.
1.) Indentured servants don't work nearly hard enough for the things they have already purchased. Once they figure out most of their money is going to bills for stuff they already threw away, they work less. and we can no longer whip them
2.) Bankruptcy no longer has any social stigma attached to it and people declare it all WILLY~NILLY now threatening them with bankruptcy is no longer super effective
3.) Same with home forclosure
4.) You want servants that can
barely see the brass ring working harder and harder knowing deep down they will never reach the ring but still trying none the less.(see China)
But now in the USA The ring is rubbed right in their faces now they can touch it and hold it and realize there is an even better ring just beyond that one, so many that they easily get discouraged.
Also, indentured servants cost a lot of money THAT THEY NEVER SEE. The average minimum wage worker costs $16 an hour in providing them a space to work, taxes and other expenditures etc. but
they only GET $8 and then they get taxes withheld so they only work as hard if they are getting paid $4 or $5
SO we are paying $16 an hour, getting $4 worth of work and then paying a 30% corporate tax rate to make up the difference in wages
that they are not getting because it is being taxed and government bureaucracy red taped away from them, then replacing that with federal benefits like food stamps and welfare.
Slaves were way easier to manage, automatically and by default worked more than what you were paying them and didn't require any federal programs to subsidize their income