Syndetics cover image
Image from Syndetics

The stolen wealth of slavery : a case for reparations / David Montero ; foreword by Michael Eric Dyson.

By: Material type: TextTextPublisher: New York : Legacy Lit, 2024Edition: First editionDescription: xxi, 346 pages ; 24 cmContent type:
  • text
Media type:
  • unmediated
Carrier type:
  • volume
ISBN:
  • 9780306827174
  • 0306827174
Subject(s):
Contents:
Introduction: The vault -- Hell gate -- The triangle and the trove -- A northern slavery aristocracy -- "Parting asunder parents and children" -- A merchant prince -- Calamity -- Burn everything it finds -- The reach -- The merchants' dome -- "The Union must perish" -- "The mantle of oblivion" -- "The bodies and the bone" -- "The universe of predecessors" -- Aftermath: The unraveling to come.
Summary: "In his timely historical work The Stolen Wealth of Slavery, Emmy Award-nominated journalist David Montero follows the trail of the massive wealth amassed from the transatlantic slave trade by Northern corporations in America. It has long been maintained by many that the North wasn't complicit in the horrors of slavery, that the forced bondage and exploitation of Black people was primarily a Southern phenomenon. Yet this isn't true: In fact, popular Northern banks-including well-known institutions like Citibank, Bank of New York, and Bank of America-saw their fortunes rise dramatically from their involvement in the slave trade. White business leaders and their surrounding communities created humongous wealth from the abject misery of others. Stolen Wealth of Slavery grapples with other facts that will be a revelation to many: Most white Southern enslavers were not rolling around in wealth and were barely making ends meet, with Northern businesses benefiting 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. Over time, the wealth generated from slavery didn't vanish but became part of the bedrock of the growth of modern corporations, helping to transform America into a global economic behemoth. Montero elegantly and meticulously details rampant Northern investment in slavery, ultimately calling for corporate reparations as he details contemporary movements to hold companies accountable for past atrocities. He has produced a remarkable work that ends in a call for reparations, showcasing exactly what was stolen, who stole it, and to whom it is owed"-- Provided by publisher.
Holdings
Item type Home library Collection Shelving location Call number Materials specified Status Date due Barcode Item holds
Adult Book Adult Book Dr. James Carlson Library NonFiction New 381.4409 M778 Available 33111011115397
Adult Book Adult Book Main Library NonFiction New 381.4409 M778 Available 33111011245202
Adult Book Adult Book Northport Library NonFiction New 381.4409 M778 Available 33111011151194
Total holds: 0

Enhanced descriptions from Syndetics:

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.

Introduction: The vault -- Hell gate -- The triangle and the trove -- A northern slavery aristocracy -- "Parting asunder parents and children" -- A merchant prince -- Calamity -- Burn everything it finds -- The reach -- The merchants' dome -- "The Union must perish" -- "The mantle of oblivion" -- "The bodies and the bone" -- "The universe of predecessors" -- Aftermath: The unraveling to come.

"In his timely historical work The Stolen Wealth of Slavery, Emmy Award-nominated journalist David Montero follows the trail of the massive wealth amassed from the transatlantic slave trade by Northern corporations in America. It has long been maintained by many that the North wasn't complicit in the horrors of slavery, that the forced bondage and exploitation of Black people was primarily a Southern phenomenon. Yet this isn't true: In fact, popular Northern banks-including well-known institutions like Citibank, Bank of New York, and Bank of America-saw their fortunes rise dramatically from their involvement in the slave trade. White business leaders and their surrounding communities created humongous wealth from the abject misery of others. Stolen Wealth of Slavery grapples with other facts that will be a revelation to many: Most white Southern enslavers were not rolling around in wealth and were barely making ends meet, with Northern businesses benefiting 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. Over time, the wealth generated from slavery didn't vanish but became part of the bedrock of the growth of modern corporations, helping to transform America into a global economic behemoth. Montero elegantly and meticulously details rampant Northern investment in slavery, ultimately calling for corporate reparations as he details contemporary movements to hold companies accountable for past atrocities. He has produced a remarkable work that ends in a call for reparations, showcasing exactly what was stolen, who stole it, and to whom it is owed"-- Provided by publisher.

Includes bibliographical references (pages 297-330) and index.

Powered by Koha