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Pastimes : Kosovo
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To: Brumar89 who wrote (9743)5/25/1999 1:02:00 AM
From: D. Long  Read Replies (1) of 17770
 
<<So why was such an inefficient system perpetuated? I can't answer this except to say people don't always act in accordance with their rational self-interest.>>

Im at a loss to explain it myself. From all the anectodal evidence I have read, the plantations were a shaky enterprise, very dependent upon the price of cotton and tobacco, and rarely made much profit. Im not in the cotton business, so I dont know the cost of such an enterprise. But it seems to me it may have been cheaper to employ field hands or at least engage in some form of sharecropping. I suppose it comes down to inertia and the clinging to a lifestyle irregardless of its costs.
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