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The Value of Stolen Black Labor

This speech was given by Chairman Omali Yeshitela on the topic of Stolen Black labor, Political Economy, Domestic Colonialism, and Labor Day.

"...The history of the United States, and the entire history
of capitalism, has its origins in the attack on Africa and the
unprecedented theft of tens of millions of Africans. This
study uncovers the concrete evidence of the amount of
wealth stolen from African people by the ruling class of the
U.S. over the last four centuries, amounting to a minimum of
$4.1 trillion in stolen labor alone...
...In the Review of Black Political Economy, Richard America estimates that African people have lost $15 to $20 billion per year only through the mechanism of wage and salary discrimination in the 20th century. In factoring in the impact of prisons, of the gouging by merchants, and of lack
of social services, we are safe to estimate the higher figure,
$20 billion, for the years up to World War II and including at
least the last third of the 19th century as well. Calculating
75 years (1865-1940) at $20 billion per year gives $1500
billion ($1 ½ trillion) as the amount of stolen labor. With this
rough estimate, we can conclude that the African domestic
colony has been the greatest profit producer in the period of
the rise of U.S. imperialism as compared to all its other colonies
and economic dependencies. This reveals, again, that
U.S. capitalism was not a benign white system for a certain
period of time and then went out into the world in search of
profit. The primitive accumulation of capital off of African
people continued to be an essential underpinning of the capitalist system, and a prime source of profit, right on through into the 20th century. Some ways this profit was extracted changed in important ways, but its essential
character, whether it is called primitive accumulation or
colonialism, remained the same.
The wealth taken from African people, combined with
that extracted from other subject peoples, was the basis of
the boom of American industrial capitalism. The myth of
capitalist wealth being based on great inventions and
business know-how is shattered when we see the increasing
exploitation of the peoples of the world and our increasing
underdevelopment and poverty, progressing apace with
the expansion of the vast wealth of the capitalist center.
Reparations of the $1 ½ trillion for this period must be added
to the reparations of $600 billion for the period of slavery,
to give a total thus far of $2.1 trillion. (Yeshitela)
Yeshitela, Chairman Omali. Stolen Black Labor The Political Economy of Domestic Colonialism. Oakland, California, Burning Spear Publications, 1983

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23 июня 2022 г. 6:02:45
00:52:31
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