Thanks Gepap. 
Sharecropping continued to deteriorate life in the South long after the Civil War was over. At least in Arkansas, by 1930, the only real effect of abolition was the elimination of the rich plantation owner class. 40% of farms were mortgaged and high taxes ruined many landowners (the ones that were supposed to be well off!) Many farms ended up being owned by absentee landlords or insurance companies. Since sharecropping wasn't just a job but a way of life, many landlords never moved on but instead became tenant farmers themselves.
The result was that by the 1930s, 60% of the entire state's farmers were tenant farmers (sharecroppers), over 90% in counties in the Mississippi Delta. Tenants on average had an income of $284, including the value of their home gardens, in 1934, with a high birth rate, sunup to sundown workdays, and abuse of the tenant by many landlords. It was illegal for a sharecropper to move away, except once crops had been harvested, and "at least one planter kept barbed wire stockades and used force to keep tenants." (All this information comes from "Arkansas Odyssey," an excellent AR history textbook.)
So how does this relate to the original post? Slavery set the South up for this. No middle class developed at any point before the dream of agricultural life was defeated. No matter how long slavery could have hypothetically lasted, the end result would always be the same.

Sharecropping continued to deteriorate life in the South long after the Civil War was over. At least in Arkansas, by 1930, the only real effect of abolition was the elimination of the rich plantation owner class. 40% of farms were mortgaged and high taxes ruined many landowners (the ones that were supposed to be well off!) Many farms ended up being owned by absentee landlords or insurance companies. Since sharecropping wasn't just a job but a way of life, many landlords never moved on but instead became tenant farmers themselves.
The result was that by the 1930s, 60% of the entire state's farmers were tenant farmers (sharecroppers), over 90% in counties in the Mississippi Delta. Tenants on average had an income of $284, including the value of their home gardens, in 1934, with a high birth rate, sunup to sundown workdays, and abuse of the tenant by many landlords. It was illegal for a sharecropper to move away, except once crops had been harvested, and "at least one planter kept barbed wire stockades and used force to keep tenants." (All this information comes from "Arkansas Odyssey," an excellent AR history textbook.)
So how does this relate to the original post? Slavery set the South up for this. No middle class developed at any point before the dream of agricultural life was defeated. No matter how long slavery could have hypothetically lasted, the end result would always be the same.
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