The reparations movement is often misunderstood as merely a call for compensation. Systemic forms of oppression are still impacting people through redlining, environmental racism and services in predominantly Black neighborhoods that are underfunded.
Mayor Eric Adams endorsed the legislation, calling it 'another crucial step towards addressing systemic inequities, fostering reconciliation, and creating a more just and equitable future for all New Yorkers.'
The bills would task the city's Commission on Racial Equity with suggesting remedies for the legacy of slavery, including reparations, and create a truth and reconciliation process.
The proposal includes installing an informational sign on Wall Street to mark the site of New York's first slave market, aiming to acknowledge the city's history with slavery.
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