Pirate self-interest generated conditional social benefits including racial tolerance: at a time when black slaves were brutally treated in the legitimate world, pirates in many cases granted them freedom with equal pay and equal suffrage—not from racial enlightenment but because enslaving fellow crew often cost more than it was worth, bolstering the bottom line.

causalpending

Speaker

Peter Leeson

Evidence Quote

they did this not because they were racially tolerant... they were as racist as their legitimate contemporaries but they did it because it bolstered the bottom line in particular because enslaving fellows in many cases... actually would have been more costly than it was worth

Source

Peter Leeson on Pirates and the Invisible Hook 05/25/2009EconTalk
Created: 6/17/2026, 10:31:31 AM

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