The rise of the industrial revolution is a time in our history that has built and shaped our economy and capitalist systems today. A huge part of what and how our economy was built back in the eighteenth century was due to the 'golden age' of slavery. Capitalism and slavery go hand in hand in explaining this time when the 'new world' was beginning to develop, when staple products became high in demand. Slavery of the native people, European people and mainly the African people assisted in the labour problem. Slavery and servitude, although are very sensitive topics to speak on, I believe that this form of immoral labour was highly profitable and an extremely huge reason as to how our economy formed in this time. In the sense of economy, slave labour was profitable based upon labour supply, the contributions to capitalism in the new world and the contributions to agriculture and important staple crops. This was extremely damaging to our perception of human life and how little value we should hold for African slaves when the "new world" began to exploit them.
This question 'is free labour more profitable that slave labour, is a question that is ethically difficult to answer but when we look in to the history of our economy I believe it was. During the growth of the industrial revolution there were three types of servants, the indenture was one who signed contracts generally young people to gain their passageway to the new world, these people then became servants for a certain amount of years to which they were to be work and pay off their debt. Then there are the redemptioners; these people were mainly immigrants from Europe who would sell themselves to work on the ship to gain passage to American colonies. Lastly there were convicts; these people were given to local planters and farmers. These types of servants we made up European, and native people.