Reparations for the BIPOC
Reparations for descendants of slaves are important because they can help address the systemic inequalities that exist today. Slavery, Jim Crow segregation, anti-Black practices like redlining, and other discriminatory public policies in criminal justice and education have robbed Black Americans of the opportunities to build wealth (defined as assets minus debt) afforded to their white peers 1. Today, the average white family has roughly 10 times the amount of wealth as the average Black family. White college graduates have over seven times more wealth than Black college graduates 1.
Reparations can come in the form of individual cash payments in the amount that will close the Black-white racial wealth divide, as well as wealth-building opportunities that address racial disparities in education, housing, and business ownership 1.
In addition to addressing the wealth gap, reparations can also help to acknowledge the harm that was done to Black Americans and their ancestors. At the heart of demands for reparations is the understanding that the past cannot be erased, and must not be ignored. Former colonial powers cannot undo the damage they inflicted on enslaved and colonized people, but they can engage in good faith with the descendants of those people, and work to address the systemic inequalities that exist today 2.
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