Britain slaveholder bailout

The compensation of Britain’s 46K slave owners was the largest bailout in British history until the bailout of the banks in 2009. Not only did the slaves receive nothing, under another clause of the act they were compelled to provide 45 hours of unpaid labour each week for their former masters, for a further 4 years after their supposed liberation. In effect, the enslaved paid part of the bill for their own manumission.

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