“Then again, by the nineteenth century, owners could purchase life insurance on their slaves (from some of the most reputable insurance companies in the country) and be paid three-quarters of their market value upon their death. These insurance companies, including modern household names New York Life, Aetna, and U.S. Life, were just some of the many northern corporations whose fortunes were bound up with slavery.”
https://a.co/6s8JND1
Wait, there’s more:
“In fact, by the time war loomed, New York merchants had gotten so rich from the slave economy—40 percent of the city’s exporting businesses through warehousing, shipping insurance, and sales were Southern cotton exports—that the mayor of New York advocated that his city secede along with the South.
In very stark and quantifiable terms, the exploitation, enslavement, and murder of African and Indigenous American people turned blood into wealth for the white power structure. Those who profited made no room for the oppressed to share in the rewards from their lands or labor; what others had, they took. The racial zero sum was crafted in the cradle of the New World.”
🤯