# Minimum Reparation Due To Slave Descendants: \$1.5 Million – Each!

The Activist Teacher blog does the arithmetic and comes up with a number (\$59.2 Trillion!) that will do nothing to help balance the United States’ budget, but perhaps should be paid nonetheless?

It is not difficult to calculate a MINIMUM amount of monetary reparation due to every single Black slave descendant living today in the USA.

If we leave out the reparations for physical violence, genocidal stress, inadmissibility to superior social classes, etc., and only take into account the stolen labor, at the today’s equivalent minimum wage, then the calculation for the minimum amount due to the descendants of slaves is a simple one, as follows.

This calculation includes only the money due to ancestors and their descendants, in terms of the stolen actual labor counted in person-hours, based on a minimal economic value of that labour, adjusted ata lowest reasonable rate of interest.

Every step in the following calculation will use the lowest possible evaluators, such as to produce a MINIMUM amount due.

In the 70 year period between 1790 and 1860, there were, on average, 2 million slaves at any time in the USA. In the same period the average US population was 14 million.

Moving forward to 2000, the US population was 309 million, with 40 million slave descendants.

To obtain a minimal (under estimated) annual interest rate, we use the population increase from 14 million to 309 million in the 140 years from 1860 to 2000. This gives a population annually growth rate of 2.2%.

Now capital value increase interest rates in the US have been much greater that the population growth rate. Nonetheless, we adopt the underestimate of 2% for the interest rate to be applied to the stolen income value. We further apply the interest rate starting only in 1860, rather than earlier, thereby making our estimate even more of an under estimate.

The value of the stolen labor, for the period 1790 to 1860, at today’s US minimum wage of \$7.25 per hour is as follows. (Note that using today’s minimum wage automatically corrects for valuing the historic currency to its present value.)

70 years (1790 to 1860 period only)
X
2 million slaves (average number in the period used)
X
365 days per year (OK, maybe I should exclude one day off per week?)
X
10 hours of work per day (again a minimum)
X
\$7.25 per hour
=
\$ 3.7 trillion

Next, I apply the 2% interest rate (compounded annually)…

[continues at the Activist Teacher blog]

• TennesseeCyberian

That makes sense, actually. If one demographic group lives idly while extracting the wealth of another, hard-working demographic group, the exploitative consuming class is certainly indebted to the laboring class upon which they have depended for so long.

Even a simple “thank you” would be a good start.

ummm can we see something for the native american reparations? im not trying to be a douche but considering the current state of africa vs america they came out with their reparations simply by their current living conditions when compared to how they all would be living if not for the event of slavery im in no way saying i support slavery in any form what so ever but between the 2 races who got the shittier end of the stick? the aficans taken as slaves and their current descendants vs whats left of the native american tribes and their descendants so what would be the calculated payment to the last of the native americans? let’s see…death an genocide and torture ….an entire nation of land stolen…continued emotional and heritage suffering at the hands of the american government ..denial of rights to their heritage from the american government…the list makes hitler look like a friendly police action with minimal casualties by comparison to the carnage inflicted on the indigenous tribes of north america at the hands of the colonizers

Who are these natives that you speak of?

these “natives that i speak of” are the last of the tribes in america that were subjugated worse than the african slaves that were brought over and to ken stewart yeah thats a really adult theme eh? btw no it wont a bunch of nazi type killing it was good old european slaughter en mass there were once over 600 different tribes here in america now around a dozen have descendants left here so yeah they got it far worse…i’ll ask you in the form of dave chappelle “when was th elast time you were out eating an seen a native american family there as well? never? yep”

Ward Churchill (met him once in a bar after a talk–nice guy of the gruff type) cites studies suggesting a pre-European native population of up to 90-100 million in North and South America. If that’s only half right, that’s a staggering amount of killing. Tops Mao, even.

• Ken Stewart

The colonizers didn’t experiment or use gas chambers/ovens. BTW – you’re still a douche’.

• Kevin Leonard

How can one speak critically of this idea without sounding like a racist asshole?

• http://www.ContraControl.com/ Zenc

You sound like a racist a**hole.

Oh wait, I see your point.

By pointing out that the debt should be specifically owed by the descendants of save owners rather than everyone who might have similar skin pigmentation?

• Apathesis

That would be a good solution.

• InfvoCuernos

But what about those descended from both the slaves and the owners? I know there are a lot of those. Do they pay and get reparations?

They have to pay themselves. So that sucks. But they also get paid…

it takes finesse and common decency

• Mr B

Justice for Obama voters? Don’t make me laugh.

How about compensating the surviving victims and their families of the USA’s: torture, unlawful detentions and multiple aggressions over the last four fucking years!?

Avaricious hypocritical CUNTS.

• Andrew

Who said anything about Obama voters?

• Mr B

True or false?:

Black Westerners tend to be hardwired Obama supporters.

Wait what? If you voted for Obama you get a million dollars?

• Kevin Leonard

You get, at least, a phone… I think

• Mr B

No; but many of them would get \$1.5 million each, from these reparations.

• Andrew

False. I smell racism! (Also, a lot of white people voted for him too.)

• Mr B

I know they did; but that doesn’t contradict my claim.

Which race do you suspect I’m favouring?

Bearing in mind: Obama’s evil, racist, fans, are cheering on white men perpetually killing brown people.

• Andrew

First you suggested all slave descendents voted for Obama, now you’re suggesting the military is made up entirely of white men. Either you’re racist or you need to learn to construct better sentences.

• Ken Stewart

How would YOU know either way ???

• Mr B

I’ve eyes and ears.

• Andrew

So does my cat.

• Mr B

Poor thing.

• Andrew

Very clever. *eyeroll*

• BuzzCoastin

I doubt the debt will be repaid
butt
maybe Uncle Homzland could stop incarcerating a disproportionately large number of Blacks
for fun & profit

• jioui

Lets just say that the cost of clothing, food and shelter is equal or greater than what they would make at minimum wage and call it even.

• SuperSerial

This article is so stupid, I mean how many horrible acts of evil have happened over time? Should we all start repaying the Jews for the holocaust, The victims of the roman empire, etc… I mean we should do our best to learn from evil and make sure it doesn’t happen again. But for anyone to sit down and crank out some repayment numbers is dumb I mean spend that time thinking forward and not backwards, come up with a way to improve the modern world instead. And one more point the African tribal leaders gladly sold their brothers and sisters to the whites that landed in Africa for money so shouldnt they be held accountable too?

• Ken Stewart

The Holocaust didn’t happen in America genuis.

• SuperSerial

ya good point I was just trying to say that it’s kinda impossible to go back through the history books and make people square up on every injustice since the dawn of time.

• SuperSerial

This article is so stupid, I mean how many horrible acts of evil have happened over time? Should we all start repaying the Jews for the holocaust, The victims of the roman empire, etc… I mean we should do our best to learn from evil and make sure it doesn’t happen again. But for anyone to sit down and crank out some repayment numbers is dumb I mean spend that time thinking forward and not backwards, come up with a way to improve the modern world instead. And one more point the African tribal leaders gladly sold their brothers and sisters to the whites that landed in Africa for money so shouldnt they be held accountable too?