When England abolished slavery, slaveholders received the equivalent of $200B in reparations

(Special from The NorthStar News & Analysis) – August 1 passed quietly, but it shouldn’t have because it is an important day in the history of the Trans-Atlantic slave trade and a strong reminder as to why large numbers of Blacks never got a leg up on the economic ladder.

On August 1, 1834, England, the world’s biggest slave trader, ended 250 years of a “national crime” against Africans, but slaveholders and slave traders were paid millions of British pounds in reparations for the loss of their property, as enslaved Africans were considered.

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