The stolen wealth of slavery: a case for reparations
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Journalist David Montero follows the trail of the massive wealth amassed from the transatlantic slave trade by Northern corporations in America. It has long been maintainedby many that the North wasn't complicit in the horrors of slavery, that the forced bondage and exploitation of Black people was primarily a Southern phenomenon. Yet this isn't true: In fact, popular Northern banks - including well-known institutions like Citibank, Bank of New York, and Bank of America - saw their fortunes rise dramatically from their involvement in the slave trade. White business leaders and their surrounding communities created humongous wealth from the abject misery of others. This book grapples with other facts that will be a revelation to many: Most white Southern enslavers were not rolling around in wealth and were barely making ends meet, with Northern businesses benefitting the most from bondage-based profits. And some of the very Northerners who would be considered pro-Union during the Civil War were in fact anti-abolition, seeing the institution of slavery as being in their best financial interests and only supporting the Union once they realized doing so would be good for business. Over time, the wealth generated from slavery didn't vanish but became part of the bedrock of the growth of modern corporations, helping to transform America into a global economic behemoth. Montero elegantly and meticulously details rampantNorthern investment in slavery, ultimately calling for corporate reparations as he details contemporary movements to hold companies accountable for past atrocities. He has produced a remarkable work that ends in a call for reparations, showcasing exactlywhat was stolen, who stole it, and to whom it is owed.
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Montero, D. (2024). The stolen wealth of slavery: a case for reparations. First edition. New York, Legacy Lit.
Chicago / Turabian - Author Date Citation (style guide)Montero, David. 2024. The Stolen Wealth of Slavery: A Case for Reparations. New York, Legacy Lit.
Chicago / Turabian - Humanities Citation (style guide)Montero, David, The Stolen Wealth of Slavery: A Case for Reparations. New York, Legacy Lit, 2024.
MLA Citation (style guide)Montero, David. The Stolen Wealth of Slavery: A Case for Reparations. First edition. New York, Legacy Lit, 2024.
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Last Sierra Extract Time | Sep 14, 2024 05:23:43 PM |
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Last File Modification Time | Sep 14, 2024 05:23:50 PM |
Last Grouped Work Modification Time | Sep 14, 2024 05:23:46 PM |
MARC Record
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001 | BK0030637373 | ||
003 | DLC | ||
005 | 20230808150902.3 | ||
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100 | 1 | |a Montero, David, |e author. | |
245 | 1 | 4 | |a The stolen wealth of slavery : |b a case for reparations / |c David Montero. |
250 | |a First edition. | ||
264 | 1 | |a New York : |b Legacy Lit, |c 2024. | |
300 | |a xxi, 346 pages ; |c 24 cm | ||
336 | |a text |b txt |2 rdacontent | ||
337 | |a unmediated |b n |2 rdamedia | ||
338 | |a volume |b nc |2 rdacarrier | ||
520 | |a Journalist David Montero follows the trail of the massive wealth amassed from the transatlantic slave trade by Northern corporations in America. It has long been maintainedby many that the North wasn't complicit in the horrors of slavery, that the forced bondage and exploitation of Black people was primarily a Southern phenomenon. Yet this isn't true: In fact, popular Northern banks - including well-known institutions like Citibank, Bank of New York, and Bank of America - saw their fortunes rise dramatically from their involvement in the slave trade. White business leaders and their surrounding communities created humongous wealth from the abject misery of others. This book grapples with other facts that will be a revelation to many: Most white Southern enslavers were not rolling around in wealth and were barely making ends meet, with Northern businesses benefitting the most from bondage-based profits. And some of the very Northerners who would be considered pro-Union during the Civil War were in fact anti-abolition, seeing the institution of slavery as being in their best financial interests and only supporting the Union once they realized doing so would be good for business. Over time, the wealth generated from slavery didn't vanish but became part of the bedrock of the growth of modern corporations, helping to transform America into a global economic behemoth. Montero elegantly and meticulously details rampantNorthern investment in slavery, ultimately calling for corporate reparations as he details contemporary movements to hold companies accountable for past atrocities. He has produced a remarkable work that ends in a call for reparations, showcasing exactlywhat was stolen, who stole it, and to whom it is owed. | ||
650 | 0 | |a Slavery |x Economic aspects |z United States |x History |y 19th century. | |
650 | 0 | |a Capitalism |z United States |x History |y 19th century. | |
650 | 0 | |a African Americans |x Reparations. | |
651 | 0 | |a United States |x History |y Civil War, 1861-1865 |x Economic aspects. | |
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