A significant part of why early company-owners in the US preferred slaves is not because their labour was free - they were expensive assets, particularly skilled ones - but because free workers were less compliant to hierarchical control. They could walk off the job, they expected their opinions to be listened to, and you couldn't whip them into compliance. There's basically a straight line from plantations through Gantt then Taylor and his Scientific Management to McKinsey's Budgetary Control.