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[–]venuswasaflytrap 0ポイント1ポイント  (0子コメント)

Historical evidence doesn't lend credence to this theory. Slaves were treated terribly - much worse than comparable paid labourers at the time. So we know the argument is not true - but that's just badhistory rather than bad economics

Relevant thread:

http://www.reddit.com/r/badhistory/comments/3886v6/slaves_werent_treated_that_bad_guys/

I'm sure you could contrive an economic argument for why this isn't true, but the evidence is pretty clear that it's not.