Accounting for Colonialism

Richard F. America is Professor of Practice Emeritus in the McDonough School of Business at Georgetown University, where he taught courses on community reinvestment and investing in Africa. He is the author of numerous books and scholarly articles. His seminal article, “What Do You People Want?” (Harvard Business Review, 1969), helped set the stage for the ongoing discussion of a form of reparations in the United States.  His work in Africa has focused on improving management education, strengthening business schools, and expanding manufacturing as well as community economic development.

• Chapter 1 Introduction.- Part 1 Historical Context.- Chapter 2 The European Slave Trade , Imperialism, Colonialism and Neo Colonialism: The  Rise of the Western World and Unjust Enrichment.- Chapter 3 Income and Wealth Transfer – The Case of East Africa.- Part 2   Who Benefits  and  How Much  -  From Wrongful Taking, Illicit Transactions, and Hidden Subsidies ?.- Chapter 4 Income and Wealth Transfers by Mispricing and Misinvoicing.- Chapter 5 Income and Wealth Transfer Effects of  Resource Exploitation  -  A Theory of  Indemnities  to  Africa.- Chapter 6 Fair and Unfair Wealth Transfer Effects  of  The Palm Oil  Trade in Nigeria, 1868-1959 – Illustrative Partial Estimates.- Chapter 7 Damages and Unjust Enrichment: The Example of  Suriname and the Netherlands.- Chapter 8 Monopolization,  Exploitation, Business Disruption, Loss of Profits, and Unjust Enrichment:  Siphoning the Benefits From Trade: The Case of Nigeria and the United Kingdom.- Chapter 9 Income and Wealth Transfers: the Atlantic Slave Trade.- Chapter 10 Damages to Africa, and Benefits to U S  and Europe -  Income and Wealth  Transfer  Effects  of  Colonialism.- Chapter 11 How Extractive Was Colonial Trade ? - Evidence from French Africa.- Chapter 12 Income and Wealth Transfer Effects of Colonialism, and Migrant Labor, in Southern Africa.- Chapter 13 Damages From The Slave Trade and  Colonialism.- Part 3     Unequal Exchange -     Can  Labor Theory of  Value,  and Unequal Exchange,  Provide Useful Analysis?.- Chapter 14 Estimating Unequal Exchange- Sub Saharan Africa to the World.- Chapter 15 A Critique of Unequal Exchange Approaches.- Chapter 16 Taxation and European Colonial Accumulation:Income and Wealth Transfers.- Part 4    Forensic Analysis  -  How Large the  Damages  ?- Answering the “But  For” Questions - Can Forensic Analysis Apply ?                   Damages  for  Personal Injury, and Wrongful Death - “Who Knows Where Africa Would Be?” –   Blocked Alternative Growth Paths –    Interference and Loss of  Potential Profits  -Business Interruption 1519 - 2023.- Chapter 17 Reparations to Africa for the Slave Trades – An Hedonic Damages  Approach to Calculating the Value of Lost Freedom.