Ta-Nehisi Coates's The Case for Reparations is an important, compelling history of the post-slavery debate over reparations, running alongside the post-slavery history of US governmental and private-sector violence and theft from the descendants of slaves in America. Coates's thesis — compellingly argued — is that any "achievement gap" or "wealth gap" in American blacks is best understood as an artifact of centuries of racial violence and criminal misappropriations of black people, particularly visited upon any black person who expressed ambition or attained any measure of economic success.
As Coates demonstrates, a series of deliberate government policies, continuing to this day, ensured that unscrupulous American businesses could raid the savings and loot the accumulated wealth of black people. From the millions who were terrorized into indentured servitude in the south to the millions who were victimized by redlining and had every penny they could earn stolen by real-estate scammers in the north, the case for reparations is not about merely making good on the centuries-old evil of slavery. It's about the criminal physical and economic violence against black people in living memory and continuing to today.
This is a long and important read, and the "reporter's notebook" sidebars cast further light on the subject from unexpected angles. Coates makes a compelling case that the racist violence against black people in America is of a different character than other class war and other racist oppression, and deserves unique consideration.
In Chicago and across the country, whites looking to achieve the American dream could rely on a legitimate credit system backed by the government. Blacks were herded into the sights of unscrupulous lenders who took them for money and for sport. "It was like people who like to go out and shoot lions in Africa. It was the same thrill," a housing attorney told the historian Beryl Satter in her 2009 book, Family Properties. "The thrill of the chase and the kill."
The kill was profitable. At the time of his death, Lou Fushanis owned more than 600 properties, many of them in North Lawndale, and his estate was estimated to be worth $3 million. He'd made much of this money by exploiting the frustrated hopes of black migrants like Clyde Ross. During this period, according to one estimate, 85 percent of all black home buyers who bought in Chicago bought on contract. "If anybody who is well established in this business in Chicago doesn't earn $100,000 a year," a contract seller told The Saturday Evening Post in 1962, "he is loafing."
Contract sellers became rich. North Lawndale became a ghetto.
The Case for Reparations [Ta-Nehisi Coates/The Atlantic]
(via Making Light)