when the British Parliament ruled to abolish slavery in its colonies in 1833, it pledged to compensate British slave owners for the loss of their human property—a backward form of reparations for the perpetrators of slavery, not its victims. This led to payouts adding up to £20 million—a figure that, according to The Independent, “represented a staggering 40 per cent of the Treasury’s annual spending budget and, in today’s terms, calculated as wage values, equates to around £16.5bn.” Much of that money went directly into the coal-powered infrastructure of the now roaring Industrial
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