economy

Four myths about slavery in the US | Daina Ramey Berry, University of Texas

People think they know everything about slavery in the United States, but they don’t. They think the majority of African slaves came to the American colonies, but they didn’t. They talk about 400 hundred years of slavery, but it wasn’t. They claim all Southerners owned slaves, but they didn’t. Some argue it was a long time ago, but it wasn’t.

Slavery has been in the news a lot lately. Perhaps it’s because of the increase in human trafficking on American soil or the headlines about income inequality, the mass incarceration of African Americans or discussions about reparations to the descendants of slaves. Several publications have fueled these conversations: Ta-Nehisi CoatesThe Case for Reparations in The Atlantic Monthly, French economist Thomas Picketty’s Capital in the Twenty First Century, historian Edward Baptist’s The Half Has Never Been Told: Slavery and The Making of American Capitalism, and law professor Bryan A. Stevenson’s Just Mercy: A Story of Justice and Redemption.

As a scholar of slavery at the University of Texas at Austin, I welcome the public debates and connections the American people are making with history. However, there are still many misconceptions about slavery.

via Four myths about slavery in the US.

Who Suffers Most From Rape and Sexual Assault in America? – NYTimes.com

There are obvious steps we as a society can take to better support all victims of sexual violence: We have to stop blaming and shaming survivors, and to start holding perpetrators accountable. But we also need to do much more to support women in disadvantaged communities. These are the same women who have the least flexibility at work, the least access to reliable transportation, the least help with child care, and the least resources with which to pursue legal representation or medical treatment on their own. We need to do a better job of bringing health, legal and psychological services to them.

via Who Suffers Most From Rape and Sexual Assault in America? – NYTimes.com.

‘West scared of BRICS as it has no control over it’ – Ex-Indian Foreign Secretary – YouTube


Published on Apr 11, 2014

Representing a fifth of the world economy, the BRICS states pose a challenge to the US-dominated world. Submarket growth in Russia and the West could also change more rapidly, shifting the whole world system Eastwards. Is this the start of a new era? Former Foreign Secretary of India Kanwal Sibal is on Sophie&Co today.

Follow SophieCo on Twitter: http://twitter.com/SophieCo_RT

via ‘West scared of BRICS as it has no control over it’ – Ex-Indian Foreign Secretary – YouTube.

Africa Straight Up – Official Film | #OYRchallenge

With more than a billion people spread across 54 countries speaking more than 3,000 languages, Africa cannot — and should not — be limited to a single narrative. Africa Straight Up is a more complete story about Africa and its diaspora.

Share your personal story about Africa at Africa.com or on Twitter @Africa_com with the hashtag #AfricaStraightUp. #OYRchallenge

HSBC Sued By Atlanta-Area Counties Over Predatory Lending Claims

 

HSBC Sued By Atlanta-Area Counties Over Predatory Lending Claims.

ATLANTA — Three Atlanta-area counties have filed a lawsuit claiming that British bank HSBC cost them hundreds of millions of dollars in extra expenses and damage to their tax bases by aggressively signing minorities to housing loans that were likely to fail.

The Georgia counties’ failure or success with the relatively novel strategy could help determine whether other local governments try to hold big banks accountable for losses in tax revenue based on what they claim are discriminatory or predatory lending practices. Similar lawsuits resulted in settlements this year worth millions of dollars for communities in Maryland and Tennessee.