The onset of the Civil War, the greatest preponderance, the greatest population per capita of millionaires and multimillionaires in this country was … - Ta-Nehisi Coates

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The onset of the Civil War, the greatest preponderance, the greatest population per capita of millionaires and multimillionaires in this country was in the Mississippi River Valley. It wasn’t in Boston, wasn’t in Chicago, wasn’t in New York. The richest people in this country were slaveholders. Most of our earliest presidents were slaveholders. And the fact that they were presidents is not incidental to the fact that they—to their slaveholding. That was how they built their wealth. That was how Thomas Jefferson built his wealth. That was how George Washington built his wealth. Individual slaves were the equivalent of, say, owning a home today. They were people, but turned into objects of extreme wealth. So, just from the economic perspective, there’s that.

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About Ta-Nehisi Coates

Ta-Nehisi Coates (born September 30, 1975) is a senior editor for and a memoirist. He often writes about , gaming, and current events.

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Alternative Names: TaNehisi Coates Ta-Nehisi Paul Coates
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Additional quotes by Ta-Nehisi Coates

Once, the Dream’s parameters were caged by technology and by the limits of horsepower and wind. But the Dreamers have improved themselves, and the damming of seas for voltage, the extraction of coal, the transmuting of oil into food, have enabled an expansion in plunder with no known precedent. And this revolution has freed the Dreamers to plunder not just the bodies of humans but the body of the Earth itself. The Earth is not our creation. It has no respect for us. It has no use for us. And its vengeance is not the fire in the cities but the fire in the sky. Something more fierce than Marcus Garvey is riding on the whirlwind. Something more awful than all our African ancestors is rising with the seas. The two phenomena are known to each other. It was the cotton that passed through our chained hands that inaugurated this age. It is the flight from us that sent them sprawling into the subdivided woods. And the methods of transport through these new subdivisions, across the sprawl, is the automobile, the noose around the neck of the earth, and ultimately, the Dreamers themselves.

Mr. [Clyde] Ross at that time, like most African Americans around the country, was unable to secure a loan, due to policies around redlining and deciding, you know, who deserved the loans and who doesn’t. There was a broad, broad consensus that African Americans, for no other reason besides blanket racism, could not be responsible homeowners.

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