In this timely, powerful, investigative history, The Stolen Wealth of Slavery: A Case for Reparations, Emmy Award-nominated journalist David Montero follows the trail of the massive wealth amassed by Northern corporations throughout America’s history of enslavement. It has long been maintained by many that the North wasn’t complicit in the horrors of slavery. The truth, however, is that large Northern banks—including well-known institutions like Citibank, Bank of New York, and Bank of America—were critical to the financing of slavery; that they saw their fortunes rise dramatically from their involvement in the business of enslavement; and that white business leaders and their surrounding communities created enormous wealth from the enslavement and abuse of Black bodies.
Most white Southern enslavers were not rich—many were barely making ends meet—with Northern businesses benefitting the most from bondage-based profits. And some of the very Northerners who would be considered pro-Union during the Civil War were in fact anti-abolition, seeing the institution of slavery as being in their best financial interests, and only supporting the Union once they realized doing so would be good for business. It is a myth that the wealth generated from slavery vanished after the war. Rather, it helped finance the industrialization of the country, and became part of the bedrock of the growth of modern corporations, helping to transform America into a global economic behemoth.
In this remarkable book, Montero elegantly and meticulously details rampant Northern investment in slavery. He showcases exactly what was stolen, who stole it, and to whom it is owed, calling for corporate reparations as he details contemporary movements to hold companies accountable for past atrocities.
Montero will be in conversation with Michael Eric Dyson, Ph.D., Distinguished University Professor of African American and Diaspora Studies at Vanderbilt University and author of 25 books, including 7 New York Times bestsellers, among them Tears We Cannot Stop: A Sermon to White America.
BONUS AFTER-HOURS EVENT: Attendees who purchase a copy of The Stolen Wealth of Slavery from FAN’s partner bookseller The Book Stall are invited to attend an AFTER-HOURS event hosted by Mr. Montero and Prof. Dyson that will start immediately after the webinar. Details on the webinar registration page.
This event suitable for youth 12+. It will be recorded and available on FAN’s website and YouTube channel.
Laura Demmer, Director of Development
Ann Kiesling, Development Associate
847-234-6060
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