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A Call For Reparations: How America Might Narrow The Racial Wealth Gap [npr.org]

 

By Terry Gross, npr.org, June 24, 2020

The killing of George Floyd has ignited protests and inspired conversations — and changes — across the globe. But New York Times Magazine writer Nikole Hannah-Jones says more needs to be done to address America's racial wealth gap.

"Very few Americans have created all of their wealth on their own; it's passed down through generations and then built upon," Hannah-Jones says. "Black Americans never really had a chance to do that."

Hannah-Jones traces the wealth gap to slavery, and the fact that enslaved people were not allowed to own property. She notes that the legalized segregation and racial terrorism that followed slavery exacerbated the problem and "prevented generation after generation of Black Americans from acquiring the type of wealth or foothold in the economy that allows you to live a life that is much more typical of white Americans."

Hannah-Jones won a Pulitzer Prize for creating the 1619 project at The New York Times, which tracks the legacy of slavery. Her latest article for the Times Magazine, What is Owed, makes the case for economic reparations for Black Americans.

[To read more, or to hear the story, please click here.]

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We just gave between 7 and 10 trillion dollars to the richest people on the planet through the stock market.  That sum of money would amount to 70 -100 million families being given 100,000 dollars each. That kind of money would have taken care of reparations and then some.   

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