
Contents
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Introduction Introduction
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Genesis of poverty and inequality Genesis of poverty and inequality
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Exclusion through slavery in the United States Exclusion through slavery in the United States
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Dissecting race Dissecting race
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Statistical evidence from the US Statistical evidence from the US
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Global colonialism Global colonialism
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Exclusion practices of colonial Britain Exclusion practices of colonial Britain
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French colonial extraction French colonial extraction
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German colonialism German colonialism
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Netherlands’ slavery and Belgium’s colonialism Netherlands’ slavery and Belgium’s colonialism
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Spain, Portugal and colonialism Spain, Portugal and colonialism
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New poverty-generating global activities New poverty-generating global activities
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References References
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5 Racism, Colonialism and Slavery as International Practices
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Published:May 2023
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Abstract
This chapter addresses the role of racism, slavery and colonialism in the genesis of poverty and inequality. It hypothesizes a sequence of exclusion, isolation and domination of one population over another through unfounded premises such as race differences, laziness or less intelligence, and extraction by the former from the latter that culminate in poverty and inequality. It discusses instances from Australia, Belgium, Britain, France, Germany, Japan, Netherlands, Portugal, Spain, United States and Yugoslavia. It elaborates on the Black experience in the US and its links to poverty and inequality through statistical evidence. Emerging admissions of historical injustices by a few ex-colonial powers short of genuine apology are found to be inadequate in both financial and non-pecuniary terms. The chapter concludes by pointing to the insufficiency of compensation offered as well as recent cutbacks in international aid budgets by countries including Britain. An Appendix to the chapter provides evidence of prevailing inequality in the United States.
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