> cruelty isn’t inherently profitable
agreed. But it takes tremendous amounts of stupidity to not be profitable while cruelly exploiting millions of people and their resources.
agreed. But it takes tremendous amounts of stupidity to not be profitable while cruelly exploiting millions of people and their resources.
https://en.wikipedia.org/wiki/Resource_curse
This is why economics is called "the dismal science"; slaveowners got mad that economists told them having slaves was inefficient and decided the economists were bores.