Cream get the money Dolla Dolla bill yall
It's not true then, it's not true now.
Slaves were already barely profitable compared to paid labor before the civil war, and ~~slave labour~~ prison labour is only profitable because it's massively subsidized by the US government.
Same is actually true for most fossil fuel production now - only has profits because of subsidizing.
The folks profiting spend part of that profit to pay for politicians to continue the cycle.
It's not true then, it's not true now.
Slaves were already barely profitable compared to paid labor before the civil war, and ~~slave labour~~ prison labour is only profitable because it's massively subsidized by the US government.
Same is actually true for most fossil fuel production now - only has profits because of subsidizing.
The folks profiting spend part of that profit to pay for politicians to continue the cycle.