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 underfunded services.
This legislation represents another crucial step toward addressing systemic inequities, fostering reconciliation, and creating a more just and equitable future for all New Yorkers.
The city's Commission on Racial Equity will suggest remedies for the legacy of slavery, including reparations, and create a truth and reconciliation process to establish historical facts.
The proposal includes installing an informational sign on Wall Street to commemorate New York's first slave market, enhancing public awareness of this historical aspect.
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