More than money: the logic of slavery reparations | Olivette Otele
www.theguardian.com
It’s not just about payment. It is about engaging in good faith with the descendants of enslaved people and addressing inequalities – to make a better future possible

Without understanding the history of slavery and colonialism, we cannot understand the extent to which societies today are shaped by systemic racism, unfair distribution of assets, inequality and violence – and how all of these have led to despair, marginalisation and disenfranchisement in parts of the population.

  • Lumberjacked@beehaw.org
    2·
    2 years ago

    I also wonder if a higher and stricter but still progressive inheritance tax would be one of the simplest ways to slow down wealth inequality over time. Will take several generations.

    Had conversation with a friend who will inherit a farm about this. He brought up the “If I had to pay 60% tax on inheriting the farm I’d have to sell it” argument. I pointed out that you could easily get a mortgage on the farm to pay the 60% tax and it’s more like you’re getting a farm you did nothing to earn for a 40% discount.