If his plea is heeded, the black community in the United States of America (USA) will be $14 trillion richer as the founder of Black Entertainment Television (BET) Robert Johnson has called on the U.S government to pay this whooping amount to the black community in reparations and atonements for the years slavery.
He told CNBC that the U.S government should cough out the huge sum to reduce the racial inequality that stems from years of slavery.
He made this bold statement on Monday, amid national protests and outrage following the death of George Floydy.
The 74-year-old media guru and social activist strongly believes that this is one of the most potent ways to unify the nation and achieve racial equality and harmony.
He advised the government to implement full and total economic reparations in the form of direct cash payments, over the next 10 to 20 years, to every descendent of African American slaves.
He advanced the argument that damages is a normal factor in a capitalist society when someone has been deprived for certain rights.
He quipped that the money may go into pockets like the coronavirus stimulus checks and the the moneyt will return back to the economy.
This would be the largest affirmative action of all time and signal that white Americans acknowledge ‘damages that are owed’ with a ‘wealth transfer to white Americans away from African Americans.’
He stated further:“Now is the time to go big, short answers to long horrific questions about the stain of slavery are not going to solve the inequality problem. Wealth transfer is exactly what’s needed,” Johnson said. “Think about this. Since 200-plus-years or so of slavery, labour taken with no compensation is a wealth transfer. Denial of access to education, which is a primary driver of accumulation of income and wealth, is a wealth transfer”.
The man who made history as America’s first black billionaire when he sold BET to Viacom in 2001. asked rhetorically if Is $14 trillion too much to ask for the atonement of 200 plus years of brutal slavery.
He clearly indicated that the sum is not too much to as for from a de facto and de jure government-sponsored social and economic discrimination and the permanent emotional trauma inflicted upon black Americans by being forced to believe in a hypocritical and unfulfilled pledge that ‘all men are created equal’?”