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The Stolen Wealth of Slavery: A Case for Reparations Hardcover 2024 by David ...

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“This item looks like Brand new. satisfaction guaranteed”
Original Language
English
ISBN
0306827174

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Product Identifiers

Publisher
Grand Central Publishing
ISBN-10
0306827174
ISBN-13
9780306827174
eBay Product ID (ePID)
17061242064

Product Key Features

Book Title
Stolen Wealth of Slavery : a Case for Reparations
Number of Pages
368 Pages
Language
English
Publication Year
2024
Topic
Banks & Banking, Social History, Free Enterprise, Corporate & Business History
Genre
Business & Economics, History
Author
David Montero
Format
Hardcover

Dimensions

Item Height
1.2 in
Item Weight
20.4 Oz
Item Length
9.3 in
Item Width
6.4 in

Additional Product Features

Intended Audience
Trade
LCCN
2023-036573
TitleLeading
The
Dewey Edition
23
Reviews
"David Montero's The Stolen Wealth of Slavery is a thoughtful and illuminating account of how Wall Street financiers laundered the wealth generated from slavery to build the corporations and banks we know today. This timely book is a powerful indictment of systemic racism and an urgent reminder of the enormous debt owed to Black Americans."-- Keisha N. Blain, coeditor of Four Hundred Souls, "The common story is of the sins of the South in holding people in bondage, but the story Montero tells is of how the entire country was complicit during enslavement and how fortunes built on enslavement persist." -- Library Journal, "An unsparing account of the untold billions of dollars, ill-gotten over centuries from the labors of American enslaved people. Montero's fulsome investigation limns the deep and multiple connections between southern plantations and northern boardrooms, while also citing current research into the topic as well as public acknowledgements and apologies...A book both appalling for what it reveals of America's deliberately hidden past and hopeful for the light now being thrown on the issue."-- Booklist (Starred Review), "What sets The Stolen Wealth of Slavery apart from other texts is the rare perspective it provides on the roles banking, money laundering, and wealth creation played in nation building, implicating some of today's most influential global financial institutions. The book sheds light on the vast amount of capital that laid the foundation for Wall Street as we know it today." -- Waverly Duck, urban sociologist and author of Tacit Racism and No Way Out
Dewey Decimal
381.440973
Synopsis
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., Publishers Weekly's "Top 10" Spring 2024 Amazon's Best History Book of the Month for February 2024 This groundbreaking 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. 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.
LC Classification Number
HT901.M66 2024

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