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One Capital Indivisible Under God

The IMF and Reparation for in a Time of Globalized Wealth

Morehouse College chewitt{at}morehouse.edu

Considering the demand for reparation for slavery by African people, the transference of Special Drawing Rights (SDRs)—the international currency issued by the International Monetary Fund—from responsible core nations to African nations and people in the diaspora could provide a uniquely flexible solution to restitution. From a historical perspective, slavery helped create the accumulation of financial and human capital, the wealth, underlying the productivity of the globalized production system. This wealth is indivisible while control over it is divisible. Restitution through SDR redistribution could return a rightful share of control over existing social productive capacity to African people.

Key Words: pan-Africanism • reparations • African diaspora • human rights • globalization and Africa

American Behavioral Scientist, Vol. 47, No. 7, 1001-1027 (2004)
DOI: 10.1177/0002764203261075


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