The monied privilege comes with being white. They are intertwined. ORRRRRrrrrrr monied privilege just so happen to miss black people by chance and not because of history.
For the record of course.
You should revisit history.
In the city of Charleston, free blacks nearly monopolized the jobs of barbers, bricklayers, shoemakers, tailors and dressmakers. They prospered in their entrepreneurial jobs and were able to earn the capital needed to purchase slaves.
By the mid 1700Â’s to early 1800Â’s, most free blacks considered themselves more American than they did African, for almost all of them had been born on American soil, free or slave. They wanted to live the same life as whites, and they saw slaveholding as a way to become more equal with their white counterparts.
“In a society that vested the ownership of one many in another, slaves represented another form of property held by free blacks.” (Powers, 1994, 39) Early on in the colony of South Carolina, mulattoes were often trained as artisans and were able to earn the money to purchase slaves by working. They were commercial masters who aligned themselves with the white majority in order to preserve the system of slavery. (Koger, 1985, 30) As this practice progressed, the black slaveholders often had the same incentives as whites to own slaves.
In conclusion, there were many reasons why free blacks owned black slaves. There was a new class developing during the 1800Â’s made up of slaveowning blacks and free light-skinned blacks. Relationships between masters and slaves were not smooth. Black slaveowners in Charleston had the same economic desires as whites when it came to being prosperous and owning slaves.
Black Slave Owners in Charleston