"As historian Ed Baptist has written, enslavement, quote, “shaped every crucial aspect of the economy and politics” of America, so that by 1836 more than $600 million, or almost half of the economic activity in the United States, derived directly or indirectly from the cotton produced by the million-odd slaves. By the time the enslaved were emancipated, they comprised the largest single asset in America—$3 billion in 1860 dollars, more than all the other assets in the country combined. The method of cultivating this asset was neither gentle cajoling nor persuasion, but torture, rape and child trafficking. Enslavement reigned for 250 years on these shores. When it ended, this country could have extended its hallowed principles—life, liberty and the pursuit of happiness—to all, regardless of color. But America had other principles in mind. And so, for a century after the Civil War, black people were subjected to a relentless campaign of terror, a campaign that extended well into the lifetime of Majority Leader McConnell. It is tempting to divorce this modern campaign of terror, of plunder, from enslavement. But the logic of enslavement, of white supremacy, respects no such borders, and the god of bondage was lustful and begat many heirs—coup d’états and convict leasing, vagrancy laws and debt peonage, redlining and racist GI bills, poll taxes and state-sponsored terrorism."
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H.R. 40 - Commission to Study and Develop Reparation Proposals for African-Americans Act
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