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
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The History of Economic Thought Archives
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