Money  /  Explainer

What Reparations for Slavery Might Look Like in 2019

The idea of economic amends for past injustices is getting renewed attention. Here are some formulas for achieving it.
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If you’re surprised that the issue of reparations for black Americans has taken so long to resolve, blame the president. President Andrew Johnson.

As the Civil War wound down in 1865, Gen. William T. Sherman made the promise that would come to be known as “40 acres and a mule” — redistributing a huge tract of Atlantic coastline to black Americans recently freed from bondage. President Abraham Lincoln and Congress gave their approval, and soon 40,000 freedmen in the South had started to plant and build.

Within months of Lincoln’s assassination, though, President Johnson rescinded the order and returned the land to its former owners. Congress made another attempt at compensation, but Johnson vetoed it.

Now, in the early phase of the 2020 presidential campaign, the question of compensating black Americans for suffering under slavery and other forms of racial injustice has resurfaced. The current effort focuses on a congressional bill that would commission a study on reparations, a version of legislation first introduced in 1989. Several Democratic presidential hopefuls have declared their support, including Senators Kamala Harris of California, Elizabeth Warren of Massachusetts and Cory Booker of New Jersey and former Housing and Urban Development Secretary Julián Castro.

If this latest revival has excited supporters, it has worried some party moderates who fear that such an effort would alienate many voters. Polls have shown a big deficit in popular support. While a majority of black Americans in a 2016 Marist poll supported reparations, whites rejected it by an overwhelming margin.

The reparations issue raises profound moral, social and political considerations. Still, the economic nuts and bolts of such a program have gotten scant public attention: Who would be paid? How much? Where would the money come from?

Through the decades, a handful of scholars have taken a shot at creating a road map. Here’s what has to be reckoned with.

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