Home / Business / BET founder Robert Johnson demands that $ 14 TRILLION compensation be made to black people

BET founder Robert Johnson demands that $ 14 TRILLION compensation be made to black people



Black Johnson TV founder Robert Johnson says $ 14 million of compensation should be paid to black people for slavery

  • Robert Johnson, the founder of Black Entertainment Television (BET) says the government should pay billions of dollars for black people’s compensation
  • Johnson called compensation for “the affirmative action program of the time” and believes that there would be no way to reduce racial equality
  • He said they were important because it would show that white Americans acknowledge that “harm is owed” to injustice created by slavery
  • Slavery was officially ended with the ratification of the 1
    3th Amendment 1865

Robert Johnson, the founder of Black Entertainment Television (BET), asks for federal compensation for slavery as national protests and riots continue after George Floyd’s death.

Johnson, 74, told CNBC on Monday that the US government should make $ 14 trillion available for black community compensation.

He said the money would help reduce the “systemic racial equality” that stems from the country’s history of slavery.

Robert Johnson, the founder of Black Entertainment Television (BET) says the government should pay billions of dollars in compensation to black people for slavery, about 155 years ago

Robert Johnson, the founder of Black Entertainment Television (BET) says the government should pay billions of dollars in compensation to black people for slavery, about 155 years ago

“Now is the time to get big, short answers to long terrible questions about the stain of slavery will not solve the inequality problem,” Johnson told CNBC.

“Wealth transfer is exactly what is needed,” Johnson said. ‘Think about this. Since 200-plus years of slavery, work taken without compensation has been a transfer of wealth. Denial of access to education, which is a primary driver for the accumulation of income and wealth, is a wealth transfer. ‘

Johnson said he believes “wealth transfer” would help fight remaining inequalities.

“$ 14 trillion is too much to ask for the reconciliation of 200-plus years of brutal slavery, de facto and de jure government-backed social and economic discrimination and the permanent emotional trauma that has become American by being forced to believe in a hypocritical and unfulfilled promise to” All men are created equal “?” Johnson also wrote in a statement on Monday.

Johnson called such compensation as

Johnson called such compensation as “the affirmative action program of the time” and believes there would be some way to reduce racial equality between races

Johnson also went on to discuss a similar difference in home ownership among black Americans that prevents them from building wealth comparable to their white counterparts.

He believes that paying compensation or damages, “owned by generations of black Americans,” would go to some solution to such racial disadvantages in the United States.

He says the compensation would be an “affirmative action program of all time,” and signals that white Americans acknowledge “damage owed” with a “wealth transfer to white Americans away from African Americans.”

“Damage is a normal factor in a capitalist society for when you have been deprived of certain rights,” Johnson said. “If this money goes into your pockets like the coronavirus stimulus checks … the money will return to the economy.”

There will also be more black-owned companies, Johnson said.

The subject of remuneration was raised during the 2020 Democratic presidential debates.

Former candidates Senators Kamala Harris, Elizabeth Warren and Julián Castro expressed some support for the initiative.

A black business manager, biopharmaceutical research company Merck CEO and chairman Ken Frazier, expressed their doubts that such replacements were a realistic alternative

A black business manager, biopharmaceutical research company Merck CEO and chairman Ken Frazier, expressed their doubts that such replacements were a realistic alternative

A black business executive, biopharmaceutical research company Merck CEO and chairman Ken Frazier, expressed their doubts that such replacements were a realistic alternative.

“I don’t think we will be able to get something like this through our political system,” Frazier also told CNBC.

“Business leaders must be a unifying force. They can be a source of opportunity. They can be a source of understanding. ‘

Across the United States as protesters have flocked to the streets to express anger over last week’s death of George Floyd, a black man’s handcuff who asked for air when an officer pinned him on the sidewalk with his knee to his neck.

Floyd’s name is simply the latest addition to a bleak list that includes Ahmaud Arbery’s death in Georgia and Breonna Taylor in Kentucky.

advertisement




Source link