The idea that the US's wealth derives from slavery isn't an indefensible one, but I've never seen anyone address the following:The racial inequality in America today, or the global inequality between majority white countries and everyone else, is a direct result of the history of racism. The explosive growth of the US economy in the early and mid 19th century was fuelled, in large part, by slavery. Shortly before the civil war, cotton exports comprised the majority of the total value of US exports. The domestic textile industry, one of the first drivers of industrialization in the Northern US states, also relied directly on slavery. Slavery brought incredible wealth into the US economy, it laid the foundation for the US to become the wealthiest country on the planet by the end of the century. At the time, that wealth may have disproportionately benefited a small number of industrialists, landowners and investors, but over a very long time (in no small part due to the efforts of unions) that wealth translated into a better standard of living for white Americans, but was specifically kept from black Americans. That economic inequality continues to this day.
-If we look at the Americas, and we operate under the assumption that slavery = wealth, then by all rights, Brazil should be the wealthiest country in them, as 90% of slaves from the AST went there. I've seen explanations explaining why the South American states failed to grow in the same way as the northern American states, but if anything, these arguments mitigate the claim.
-I actually checked the GDP figures, you're right, the US was the wealthiest country (by GDP) at the dawn of the 20th century. It took the top spot around 1890. But if that's the case, then why the lag? If slavery stops in 1865, why the 'economic lag' of 25 years to translate that wealth? Shouldn't there be a lull in growth, especially since the country has to deal with the aftermath of a war, plus, apparently, the loss of an economic powerhouse?
This isn't a point against reparations, but while I believe the latter is possible, do you seriously think the former is possible? Considering that ingroup/outgroup bias develops as early as six months of age?Rather it has to be the sustained, sincere effort to resolve an ongoing injustice and to build a society that is free from racism, and free from the consequences of racism.