General Discussion
In reply to the discussion: Hope for reparations? [View all]femmedem
(8,562 posts)The speaker points out that the average U.S. black family has 6% of the wealth of the average white family. He goes on to say that it is 6% of a smaller and smaller amount, because white families are also suffering as the 1% hordes ever more of our country's wealth. But, he rightly points out, that wealth has been extracted from the black community for a longer amount of time, from slavery to redlining and real estate covenents to predatory lending to for-profit prisons which pay prisoners $1/hour to make products which they then sell.
So I think he would agree that the money should come from the oligarchs, but it's hard to credibly make the argument that black people should wait to get reparations until after everyone else has gotten theirs first.