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This essay sheds light on what is modern slavery, demystifies the different types of modern slavery, explicates why modern slavery should be abolished, and expounds upon how the economy is affected by modern slavery. Modern slavery is a form of slavery that is eminently pervasive in modern times. Similarly to traditional slavery, modern slavery is the epitome of a flagrantly deplorable injustice that should have never been brought to fruition. Similarly to traditional slavery, there is also absolutely no vindication behind the existence of modern slavery. The practice of modern slavery being perniciously perpetrated against people has adversely impinged on multiple facets of people's lives who have succumb to experiencing the brunt of modern slavery first-hand against their own accord. Modern slavery is also a form of draconian oppression that people have succumb to experiencing the brunt of first-hand against their own accord. Similarly to traditional slavery, modern slavery is also an immoral, reprehensible, iniquitous, and inhumane practice that should never be perniciously perpetrated against people. People have succumb to modern slavery under duress against their own accord even though it has culminated in severely adversely impinging on their quality of life, well-being, overall health, happiness, dignity, confidence, physical growth, knowledge base growth potential, repertoire expansion potential, and career earnings potential. Even though modern slavery is the epitome of a flagrantly deplorable injustice that should have never been brought to fruition, it is inapt to ever be abolished in the 21st century, 22nd century, nor 23rd century. Nothing salubrious can ever ensue from a person succumbing to modern slavery. There are different types of modern slavery. The disparate types of modern slavery encompass early life slavery and slavery by evisceration fees. All of the different types of modern slavery are deleterious to succumb to experiencing.