Slavery is an old thing[0]. Even assuming the death rates are correct, one can't honestly conclude that what happened in the West in the past 500 years is similar to what happened, say, in Antiquity in the West[1] - and that's what most relevant to Aristotle - or amongst ancient Jews[2].
I know that there are too many unknowns for me to even have a clear thesis to begin with.
[0]: https://en.wikipedia.org/wiki/Slavery#History
You seem curiously attached to the happiness in slavery fantasy.
It's not because I don't share your viewpoint that I share its exact opposite either.
Even in the case of the house servant you imagine the typical slave to be, you have not considered factors like having their children sold away from them, or the death of a kind master leading to being sold or inherited by a wicked one.
There are no happy slaves.