However, Kehinde Andrews, a professor of black studies at Birmingham City University, criticised Lloyd’s response, saying efforts to address its history of support for the slave trade were “completely inadequate” and amounted to “reparations washing”. The amount of money involved was “offensive – that is nothing to them at all”.
Andrews said: “This is PR: giving an apology, making some commitments, but this is not serious. You’re talking about massive amounts of wealth that they owe back to people.
“And it’s a reminder of just how important insurance was to the system; slavery can’t happen without insurance. Lloyd’s is a good example of how slavery has birthed modern capitalism, and the fact Lloyd’s has done so well is a good example of it.”
Kehinde is so dim he doesn’t know that Lloyd’s is a marketplace, not a company. This is like suing the Stock Exchange because BP is listed.
Twat. Grifting twat.
The ending of the Planet of the Apes should have been Charlton Heston cry-laughing at the reveal of a long-abandoned British benefits office.
Plainly the most disgusting example of reparations washing is that of the Africans.
The utter failure to apologise for dumping their criminals and no-hopers on the poor, gullible whites, let alone paying them an adequate sum to compensate them for having to put up with drongos like Kehinde Andrews, is appalling.
@Steve “the Planet of the Apes”
The film “Planet of the Apes” was based on a book by Pierre Boulle. Who also wrote the book on which “Bridge on the river Kwai” was based.
“slavery can’t happen without insurance”
Did the arab slavers who raided the south west of England for centuries have insurance? I must not have been paying attention in my history lesson that day.
Typical Graun error:
‘made a profit of £2.3m a year earlier’
It was bn. not m.
Presumably any reparations will go to the same kinds of rapacious dynamic Africans who enslaved their fellows back in the day.
“The research, conducted by academics from the US universities Johns Hopkins and Brown, did not aim to quantify the financial wealth that Lloyd’s and its members amassed through the slave trade.”
So, what level should the reparations be then? Zero presumably.
AtC
They probably did, sort of. Merchants would club together and form a fund that would compensate members for losses ( usually personnel rather than goods ) whilst on voyage. Commercial insurance as we know it didn’t appear in the Islamic world until the 18th Century, but of course one is not permitted to make a profit from it lest one is accused of usury.
Ha ha
Graun must read TW
m. has become bn.
“This is like suing the Stock Exchange because BP is listed.”
Don’t think they won’t try.
Andrew C – trust the French to nail the most depressing future
“… slavery can’t happen without insurance. “
It can’t happen without Kings and Chiefs of dominant African tribes, raiding weaker tribes, taking people and selling them to Arab slave traders – a practice established 1 000 years prior to Europeans setting foot in Africa – then selling their victims to a new customer, Europeans and Americans.
So maybe Kunta Kehinde should address his (her?) concerns to the people of Africa, without whose active cooperation the slave trade would not have been possible.
“if once you have paid him the Dane-geld, you never get rid of the Dane”
All of this has come about because white people are afraid of being called racist, right?
So, stop that.
what happens when you indulge the grievances of a golliwog grifter.
It can’t be bargained with. It can’t be reasoned with. It doesn’t feel pity, or remorse, or fear. And it absolutely will not stop… ever, until you are dead.
“And it absolutely will not stop… ever, until you are dead.”
Even and especially after one is dead and cannit defend oneself.
The Race Terminator cannot be stopped
Slavery did happen centuries, probably millennia, before insurance was invented (“probably” is because it is possible to debate what qualifies as insurance and nobody knows when some varities were invented). We can read that Abraham lamented that “a slave born in my household will be my heir”: Abraham didn’t have insurance.