Today there are an estimated 27 million slaves around the world. Why is this the case? How is slavery maintained? Why is slavery so widespread in the cocoa industry in the Ivory Coast? What solutions do libertarians have to solve this problem?
There are the million of Koreans enslaved in North Korean and hundreds of millions of people in the United States who work a quarter to half of the year as slaves to the USA government (i.e. taxpayers). Plus, countless examples everywhere.
Well, the inimitable Muffinberg beat me to making a remark on statism as slavery. I was GOING to say “I wasn’t aware that there were very many people who WEREN’T slaves in some form or another, be it state or private master.”
Slavery is illegal in the USA except when the state is the perpetrator. Quick example: all employers in the USA are required by law to collect tax money from their employees and deliver that money to the IRS. They have no choice in the matter, nor do they receive any compensation for the compulsory service they are providing. That is institutionalized, legal slavery.
I’m afraid that really isn’t good enough. If we are going to claim that ‘economically speaking, slavery can only exist when it is being propped up by the state’ Than slavery existing in areas where it is illegal seems quite strange, no?
I think the answer to this objection might lie in the creation of arbitrage opportunities due to things like minimum wage, child labor, prostitution, and immigration laws.