Political Economy of Racism-page12

Political Economy of Racism-page12 - similar to it. o King:...

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Tuesday October 25, 2011 Quiz Review - Takaki Chapters 1-4. - Conrad Chapter 2, 12, 36, 37, 38. Reparations - How do proponents justify reparations payments for slavery? o A lot of work with no compensation. o The suffering. o Jim Crow Laws, Segregation, lending, o Legacy of inequality continued even after slavery ended. - What are two arguments against reparations (other than cost/affordability)? o Intefer with the free market. o Won’t close a gap. o Short term vs. long term. o Who should pay? o Moral hazard. .one of the ways that you could determine who to pay is to obtain documentation from a parent during that time period and they must identify as African Americans. - What specific information do you have your disposal to inform the debate? o You can’t expect people to be excited or generous when it comes to taxes or anything
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Unformatted text preview: similar to it. o King: Worsening relations. Chapter 36: Robert Allen calls into question reparations affect capitalist property relations. - Reparations vs. Restitution -Reparations o More of a war term. -Restitutions o More for suffering. o For a morally wrong thing. o Pay the money that you have taken/stolen. o The acknowledgement that racism/slavery stuff like that were/are wrong. They are identified as wrong. Takaki Chapter 4: -Cotton as strategic. o Douglas says that cotton fuels the development of the banks. -The market revolution made America more diverse. -Land allotment. o Jefferson supported this to get Native Americans to bring them into the market. It required a specific shared, in acrage, -Federal and state (MS, GA) politics of removal. -Individualism and possessiveness versus communalism....
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This note was uploaded on 11/08/2011 for the course ECON 144 taught by Professor Lisasaunders during the Fall '11 term at UMass (Amherst).

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