Economist Proposes Slavery Reparations of up to $12trillion - Equivalent to $800,000 per Black Household or More Than Half of the American GDP

In his report, Darity argues that reparations should be designed to eliminate the gap in mean net worth between black and white households, arriving at a figure of about $800,000 per black household as sufficient. Darity argues that the average gap between black and white household wealth should be the basis for reparations, rather that the lower and more commonly discussed median figure Darity writes that eligibility for payments should be restricted to living descendants of people who were enslaved in the U.S. prior to the Civil War, who identified as black or African American on government documents for at least 12 years prior to the reparations program.