Posted on 04/26/2022 12:07:06 PM PDT by Oldeconomybuyer
They should use that money plus more to pay off student debt, especially considering the quality of the product they offer.
Come ON Harvard, you can do better thant his. How about 1 billion show how deep you feel your guilt.
This aggrieved group is acting like spoiled children. They keep screaming for candy, and mamma keeps giving them candy to shut them up. But of course it doesn't work. They scream for more. Tough love is called for, but mamma keeps babying them.
$100 million? That’s chump change compared to how much Harvard benefitted from slavery. Slave trading profits formed much of the seed capital for Harvard. Remember that New England was the absolute epicenter of the slave trade industry for the entire Western Hemisphere for quite a long time. Yankee traders brought over a whole lot of those slaves to the Caribbean and to Brazil (where 95% of all slaves were sold as opposed to only 5% who were sold in North America).
This is true of the entire Ivy League + Georgetown. They’re trying to get off cheap. They need to take their measly $100 million and multiply it more than 100 times over to disgorge the unjust enrichment of all that blood money that founded and funded Harvard.
As for Yale well.....Elihu Yale WAS a prominent slave trader....
Just give all blacks free tuition to Harvard for the next 100 years.
Like it’s their money.
It would have more and better affect if they lowered the outrageous tuitions.
But that would require a deep thinker. Universities, today have no one who would qualify as an intellectual. But, by golly, they have an almost obsessive concern for former slaves, who, by virtue of time, do not exist.
Given their endowment, they can surely afford it.
How big is their endowment fund?
Billions and billions............................
Plus private charities, United Negro College Fund, corporate grants, etc.
Plus affirmative action in public and private employment.
Plus vast numbers of role models in Hollywood film and TV shows. Law-and-order black cops and judges, brilliant black scientists and nerds, strong, responsible black fathers and mothers.
Yet the academic achievement gap, the poverty gap, the crime gap, remain stubbornly resilient.
Harvard's $100 million will go to the usual poverty pimps, the problems will remain unsolved, and "systematic racism" and "white privilege" will be blamed.
Harvard has billions in endowment funds. I think it’s a great idea for them to piss away millions on useless “research” and “atonement,” whatever that means. I think virtue signaling is on the mark.
I notice they are not planning on giving any reparations directly to the descendants of their slaves. That would be too easy.
Exactly, it is their money and this is not the innocent ancestors of someone whom owned slaves but the actual institution that held slaves.
1619 this, black this, black that. Harvard’s sham at their ‘white culpability’ in perpetuating white guilt pay-off is a PITTANCE. Harvard’s ENDOWMENT is worth $53.2 BILLION DOLLARS.
All they are doing is paying off the loudest black recalcitrants and getting Dollar Store prices.
If the black descendants of former slaves want their justice, make Harvard PAY some real money....
in fact, I think we should explore this topic in much more depth. I wrote a post called “Cancel the Ivy League” last year going over this. Let’s focus on Harvard specifically:
“In fact, Massachusetts was the first colony to legalize slavery, in 1641.
Sugar plantations in the Caribbean devoted most of their land to growing cane. They imported grain, meat, codfish and other supplies from New England. Ship owners in New England hauled back barrels of molasses to make rum. Then they shipped the rum to Africa to pay for slaves. New England merchants used part of the profits from this triangular trade to finance Harvard and other schools.
Over time, cotton from slave plantations in the Caribbean and the American South entered the mix. Cotton fed the great textile mills owned by the Lowell family of Boston, which had extensive ties to Harvard, including a Harvard president and a prominent professor. Banks in Boston and New York supplied loans to southern plantation owners to buy slaves and seed; northern insurance companies underwrote slave voyages to Africa and the lives of enslaved people.”
“”Enslavement and the slave economy was the road for upward mobility for a lot of white Bostonians in the colonial era, and then the antebellum era. And part of becoming respectable is donating to a place like Harvard,” says Kathrine Stevens, assistant professor of history at Oglethorp University in Atlanta.”
“Scientific racism is another of Harvard’s legacies. In the 19th and 20th centuries, some Harvard professors proposed scientific theories they said proved the inherent inferiority of black people. Chief among them was Louis Agassiz, the geologist and zoologist often described as one of the “founding fathers” of American science.
Agassiz promoted the idea of polygenism — that the different races descended from different species. Other Harvard scientists propagating scientific theories of white superiority were Nathanial Shaler, dean of the Lawrence Scientific School at Harvard, and anthropology professor Earnest Hooton.
“The work they did contributed greatly to legitimizing slavery in the 19th century and to the discrimination that followed,” says Zoe Weinberg, a student at Yale Law School who took Beckert’s seminar as an undergraduate at Harvard. “Harvard really acted as a pioneer and champion of the field of race science. That was a history I was totally unaware of as a student.”
“Anti-slavery activists on the Harvard campus were pariahs for much of the antebellum period. Harvard professors who spoke openly against slavery invited fierce criticism from Boston newspapers and risked losing their jobs.”
“Under pressure from students, the Harvard Law School in 2016 retired its shield — essentially its logo — because it was based on the family crest of an 18th century slave-holding family of Isaac Royall Jr., who endowed the first law professorship at Harvard in 1815, described as the most distinguished chair in American legal education. Royall’s father was a Caribbean plantation owner who built the family fortune trading in sugar, rum and slaves.”
So no, its not just that several Harvard presidents were slave owners and had their slaves with them and working while they served as president at Harvard. Its not just scientific racism which was invented at Harvard and which was used as justification for slavery in the mid 19th century. It is that the very seed money which founded and built up Harvard was a direct product of slavery and slave trading.
While this doubtless comes as a great shock to respectable lefty New Englanders, exactly zero people in the South are the least bit surprised. They’ve been saying it for over 170 years but now that somebody actually at Harvard studied it and wrote about it they’re all shocked to learn about it.
https://www.apmreports.org/episode/2017/09/04/shackled-legacy
Yep. $100 million is an insult. The present value of all those slave trading profits that flowed into Harvard has got to be in the tens of billions of dollars.
Harvard needs to pay up.
First, they should pay anything.
second, it is a drop in the bucket. $53 billion? 0.0018
and third will surely be misused.
Cant they just bestow PHD’s to all blacks? Problem solved.
Elon should start buying universities.
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