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Updated: May 18, 2025
Finally, we know that contrary to the theory enunciated by Malthus that Oracle of middle-class Economics the productive powers of the human race increase at a much more rapid ratio than its powers of reproduction. The more thickly men are crowded on the soil, the more rapid is the growth of their wealth-creating power.
The product of slave labor, when directed by a higher intelligence than his own, is enormous, and was the basis of the extended and wealth-creating commerce of the entire country. These products could be obtained in no other manner, and without this labor, are lost to the world.
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