Robert Johnson, the founding father of Black Leisure Tv and believes that within the identify of lowering racial inequalities, the US authorities ought to distribute $ 14 trillion for the reparations of slavery.
Johnson, America’s first black billionaire, made his feedback throughout an interview on CNBC.
“Now could be the time to assume large. BET founder Robert Johnson requires “full and full” reparations for descendants of slaves. pic.twitter.com/6CoR51OIXL
– CNBC (@CNBC) June 1, 2020
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Johnson: Reparations are the best ‘affirmative motion program of all time’
Johnson mentioned on “Squawk Field”, “Now could be the time to take it additional… wealth switch is what is required.”
He centered on racial inequality.
“Give it some thought,” Johnson mentioned. “For greater than 200 years of slavery, labor taken with out compensation has been a switch of wealth. Denial of entry to training, which is among the primary drivers of revenue and wealth accumulation, is a switch of wealth.
Johnson offered BET to Viacom in 2001, making the 74-year-old American the primary black billionaire in America.
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He referred to as the reparations the most important “affirmative motion program of all time.”
Johnson mentioned the fee would present white Individuals acknowledge “the damages owed” on account of slavery and the way that represented a “switch of wealth to white Individuals away from African Individuals.”
“Damages are a standard consider a capitalist society when you’ve got been disadvantaged of sure rights,” he mentioned.
Johnson continued, “If this cash goes into pockets just like the [coronavirus] the stimulus checks… that the cash will come again into the economic system ”within the type of purchases of products and providers.
Johnson famous that his help for repairs is nothing new.
“I’m not new to this problem. He additionally pressured that he didn’t need “extra bureaucratic applications that do not and do not work.”
“I am speaking about money,” Johnson insisted. “We’re a wealth-based society. It’s the basis of capitalism.
BET founder Robert Johnson requires $ 14 trillion in slavery reparations https://t.co/fkZT7U3hcu
– Micha’el C. York 🇺🇸 (@micha_york) June 30, 2021
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Are the repairs real looking?
Merck chief govt officer Ken Frazier, who’s black, adopted Johnson on CNBC and brazenly questioned any repairs.
“I do not imagine we are able to get one thing like this by means of our political system,” Frazier mentioned.
“The leaders of the enterprise group have to be a unifying drive,” famous Frazier. “They could be a supply of alternative. They could be a supply of understanding.
“As enterprise leaders, we are able to step in and clear up many of those financial issues for individuals,” added Frazier.
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