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The Stolen Wealth of Slavery David Montero

The Stolen Wealth of Slavery By David Montero

The Stolen Wealth of Slavery by David Montero


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Summary

This ground-breaking book tracks the massive wealth amassed from slavery from pre-Civil War to today, showing how our modern economy was built on the backs of enslaved Black people-and lays out a clear argument for reparations that shows exactly what was stolen, who stole it, and to whom it is owed.

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The Stolen Wealth of Slavery Summary

The Stolen Wealth of Slavery: A Case for Reparations by David Montero

In this timely, powerful, investigative history, The Stolen Wealth of Slavery, Emmy Award-nominated journalist David Montero follows the trail of the massive wealth amassed by Northern corporations throughout America's history of enslavement. It has long been maintained by many that the North wasn't complicit in the horrors of slavery. The truth, however, is that large Northern banks-including well-known institutions like Citibank, Bank of New York, and Bank of America-were critical to the financing of slavery; that they saw their fortunes rise dramatically from their involvement in the business of enslavement; and that white business leaders and their surrounding communities created enormous wealth from the enslavement and abuse of Black bodies.

The Stolen Wealth of Slavery grapples with facts that will be a revelation to many: Most white Southern enslavers were not rich-many 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. It is a myth that the wealth generated from slavery vanished after the war. Rather, it helped finance the industrialization of the country, and became part of the bedrock of the growth of modern corporations, helping to transform America into a global economic behemoth.

In this remarkable book, Montero elegantly and meticulously details rampant Northern investment in slavery. He showcases exactly what was stolen, who stole it, and to whom it is owed, calling for corporate reparations as he details contemporary movements to hold companies accountable for past atrocities.

About David Montero

David Montero is a journalist and producer. His work has appeared in The New York Times, The Nation, Harvard Business Review, and more. He is the recipient of numerous awards and fellowships. He lives in Pittsburgh, PA, with his wife, who is a research fellow at the University of Pittsburgh studying violence, white supremacy, and the rise of the far right in the United States.

Additional information

CIN0306827174G
9780306827174
0306827174
The Stolen Wealth of Slavery: A Case for Reparations by David Montero
Used - Good
Hardback
Hachette Books
2024-02-29
368
N/A
Book picture is for illustrative purposes only, actual binding, cover or edition may vary.
This is a used book - there is no escaping the fact it has been read by someone else and it will show signs of wear and previous use. Overall we expect it to be in good condition, but if you are not entirely satisfied please get in touch with us

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