As for slavery, there is no need for me to speak of its bad...

As for slavery, there is no need for me to speak of its bad aspects. The only thing requiring explanation is the good side of slavery. I do not mean indirect slavery, the slavery of proletariat; I mean direct slavery, the slavery of the Blacks in Surinam, in Brazil, in the southern regions of North America. Direct slavery is as much the pivot upon which our present-day industrialism turns as are machinery, credit, etc. … Slavery is therefore an economic category of paramount importance.