Some Economics of Slave States

It has been my long-standing thesis that the south has never figured out how to recover economically since the end of slavery. I’m currently working on a socioeconomic model of slavery. However, a paper from the Paris School of Economics (Piketty & Zucman) that I read this week, along with a CDC report (on life expectancy) that also came out drive home this point.

Piketty & Zucman use data to create this nifty chart in their paper about just how much slavery was a part of wealth creation.

o-AMERICAS-SLAVE-WORTH-570

Essentially, Slavery in its heyday accounted for almost a THIRD of U.S. Wealth, along with (not surprisingly) agriculture. The rest of the chart after the end of slavery is literally “history”.

Now the map of Poverty in America from the Census Bureau:

Poverty

And now the CDC map from the report that shows life expectancy past age 65 in America:

m6228a1f3

With only two exceptions, the states that had slavery are the ones that are the most poor and have the least longevity of life. The 5 W’s is what I’m working on. But there is a clear correlation between economic “health” and physical “health”; better people than me have already established that.

And yet the south, the home of the “Tea Party”, is consistently the ones fighting the most against health insurance, and food supplements (SNAP).

The South, from these reports, has not figured out how to survive without Slavery since 1865. If they don’t get the concepts of Keynesian Economics soon (i.e. social responsibility), it will literally send them to an early grave.

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This entry was posted in Health, Poverty, Slavery. Bookmark the permalink.

3 Responses to Some Economics of Slave States

  1. Pingback: Southern Fried Socioeconomics | The Conscience of a Progressive

  2. Pingback: Economic Numbers Behind Slavery | The Conscience of a Progressive

  3. Pingback: Mobility verses Inequality | The Conscience of a Progressive

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