The value of slavery?

Discussion in 'Race Relations/Racism' started by gallantwarrior, Jul 5, 2018.

  1. gallantwarrior
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    gallantwarrior Gold Member

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    What would you estimate the value of slavery in the US to have been?
    Specifically, if reparations were to be made for slavery, how much would you estimate the value of lost wages plus interest to be? Please be specific. What pay scale would you propose be used, and what amount of interest?
    Who would you propose be paid reparations for slavery in the US?
    And, who would you propose pay into the fund to be dispersed to those deemed recipients of said reparations?
     
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  2. Asclepias
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    Asclepias Diamond Member

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  3. TNHarley
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    TNHarley Diamond Member

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    The value of lost wages to a dead person is $0 USD
     
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  4. Asclepias
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    Asclepias Diamond Member

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    No one would need pay into any fund. They would need only to pay their taxes as scheduled.
     
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  5. DarkFury
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    DarkFury BANNED

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    NOT ONE DIME.
     
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  6. Toro
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    Toro Diamond Member

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    We shouldn't pay reparations.

    Why would I want to pay off some crackers just because we freed all the black people?
     
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  7. gallantwarrior
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    gallantwarrior Gold Member

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    Thank you. There are good points there, but leaves it up to individuals to determine their qualification, and to determine the amount acceptable to each. At least once (that I know of), such a program of reparation has been implemented and paid for: Black Farmers to Receive Payouts in $1.2 Billion from Federal Lawsuit. It was fraught with fraud and abuse and left too many legitimate claimants unrewarded.
    I'm actually looking for your calculations and how you determine them. Do you not consider the myriad of other programs, like Affirmative Action, that addressed past discrimination, to have been at least partially helpful?
     
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  8. NewsVine_Mariyam
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    Completely untrue. Wages owed at the time of death are still owed to the decedant's estate or benficiary.
     
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  9. NewsVine_Mariyam
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    Just wanted to throw this in here - be back later

    Wage theft is the illegal practice of not paying workers for all of their work including; violating minimum wage laws, not paying overtime, forcing workers to work off the clock, and much more. It is a major problem statewide.
     
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  10. Asclepias
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    Asclepias Diamond Member

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    The Black Farmers payout didnt have anything to do with slavery. That was a seperate issue.

    "This is the second round of funding for black farmers. Thousands received payments in 1999 as part of a settlement in a class-action suit over allegations of widespread discrimination by federal officials who denied loans and other assistance to black farmers because of their race."

    I havent made any calculations simply because I think its futile to waste time on something whites will fight to their dying breath. As long as whites control the system its not going to happen.

    Why would I consider AA when AA has not been a Black only benefit? Matter of fact white women are the largest beneficiaries of AA which has increased the economic gap between whites and Blacks. There simply has never ever been a payout for the lost wages Blacks were denied during slavery.
     
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