Reparations would make sense… if anyone who directly profited or engaged in slavery we’re still alive. But they’re not. My grandmother’s grandmother was just a little girl when she heard the canons firing at a nearby battlefield in the civil war. We are so far removed that the reparations may help those families but they would only serve as a punitive measure against people who are completely disconnected from the objective crime that was chattel slavery.
mind you, the private industrial prison slavery complex still targets and brutalizes Black people. the people who directly profit and engage in slavery are completely fine and well today, in addition to the descendants of chattel slavery having the benefits of generational wealth because europeans were never chattel slaves, nor were they ever barred from wage labor
I’d like to point out that a large portion of the regional ruling class in the south has much of their current wealth because of the slave holdings of their ancestors, which means that much of their wealth comes from the confederacy because the confederacy was a nation born out of the greed and racism of the slave holding gentry and seeing as the confederacy was never truly dismantled and defeated the wealth and power of the ruling class was and is still in effect
I would be interested to see a rigorous study on that. Having wealthy grandparents certainly it makes you more likely to be wealthy yourself onl 10% of people with grandparents who where in the wealthiest 1% ever reach that themselves. So I think there is some reason to doubt that current wealth is very correlated with slave owning ancestors especially when you factor in that a lot of plantation homes where simply burned down. https://www.nber.org/system/files/working_papers/w33355/w33355.pdf