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nfm
on Jan 24, 2015
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The $3500 Shirt – A History Lesson in Economics
Depending on the era and location, slave labour totally skews the calculation too.
mseebach
on Jan 25, 2015
[–]
It doesn't change the calculations. All other things being equal, that slave would then sacrifice 100% of his life to provide clothing for four people.
It (drastically) changes the
ethics
of the situation, however.
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