In the historical study of modern American capitalism, labor unfreedom in agriculture has been conceptualized as an exception to liberal labor relations in the post‐slavery polity, from debt peonage to the threat of deportation from workplaces populated by non‐citizen migrants. At the same time, state‐enforced labor compulsions and restrictions are increasingly part and parcel of what scholars call neoliberal exceptionalism. This article argues that agricultural and neoliberal exceptionalisms are related, by tracing the historical genealogy and juridical production of a restrictive work status, the deportable temporary labor migrant, across political economies in the modern United States, from imperial construction in the Panama Canal Zone, to agriculture, to the knowledge economy. Contrary to existing notions of temporary work visas as a new form of unfreedom in neoliberalized advanced capitalist states, I show how the threat of deportation is older and rooted in the rise of the liberal regulatory state in a post‐slavery, yet persistently racial capitalist political economy. The import of understanding this history of government intervention increases as the liberal regulatory state's coercive logics and practices intensify and circulate in agriculture and under a post‐Fordist regime of accumulation, reproducing racial capitalism in the labor process.