How convenient for the descendent beneficiaries of the slaveowners. Yes, this would require an extraordinary legal step of compensating the descendants of the slaves. This can be done by extrapolation of legal principles and common sense. Charles Brown >>> "Rod Hay" <[EMAIL PROTECTED]> 05/27/99 12:34AM >>> And add to that the slave traders in west Africa and the consumers of British cotton goods around the world, etc., etc., But of course there are no former slaves still alive to collect. ----Original Message Follows---- From: "Charles Brown" The physical location of capital , especially fictional capital , is an interesting question. The surpluses from the South also went to England, so maybe the payback should be international in this global economy. The big bourgeoisie who were and are resident in the South, the former slaveowners and the rich people since the Civil War , may have had material means of production destroyed, but it is not clear to me that they were expropriated of all of their wealth in the other forms of capital, other than the labor/means of production they owned as slaves. Not all of their land was taken from them. Slaves did not get the forty acres and a mule, as promised. Charles Brown Rod Hay [EMAIL PROTECTED] The History of Economic Thought Archives http://socserv2.mcmaster.ca/~econ/ugcm/3ll3/index.html Batoche Books http://www.abebooks.com/home/BATOCHEBOOKS/ ______________________________________________________ Get Your Private, Free Email at http://www.hotmail.com