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ishyB -> RE: How much slave can you afford (given true historical pricing)? (4/25/2010 11:48:29 AM)
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It depends on how scares or abundant slaves are, and which economy you are talking about. In the US, minimum wage is currently $7.25 an hour. This means that in terms of economical value, a slave laborer that is made to work 365 days a year at an average of 15 hours a day saves an employer 40,000 dollars a year. If you would say that you get a good, healthy 30 years out of slave labors (before their neglected health cost slows down their productivity) the minimum total savings are 1,200,000 dollars. This is obviously for minimum wage work, and doesn't take into account slaves trained to do more skilled labor, or using them for prostitution or the porn industry. When considering Europe, where the minimum wages are much higher, the cost goes up even more. I'll take Belgium as an example, because I'm familiar with their minimum wages. Belgian minimum wage is about $11.61 an hour which equals to about $63,500 a year and $1,905,000 savings over the course of 30 years when using slaves verses using minimum wage laborers. So based on those numbers, how much a slave would be worth economically, I don’t know, but I do know that it would be quite a bit, and there is no way in hell that a slave would ever go so cheap as for the price of a cell phone or a power tool. A house seems more reasonable to me, although that would again depend on what kind of house we’re talking about.
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