Index Investing News
Saturday, June 6, 2026
No Result
View All Result
  • Login
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion
No Result
View All Result
Index Investing News
No Result
View All Result

The “True Remedy” for Slavery

by Index Investing News
January 17, 2023
in Economy
Reading Time: 2 mins read
A A
0
Home Economy
Share on FacebookShare on Twitter


Martin Luther King Day provides an opportunity to reflect on self-defense by individuals in persecuted minorities.

Frederick Douglass, an escaped slave, published a newspaper out of Rochester, NY, named the Frederick Douglass’ Paper. In 1854, another escaped slave was caught in Boston and eventually returned to his master in Virginia under the federal Fugitive Slave Act. While he was jailed, a crowd of abolitionist intent on liberating him attacked the jail and killed a US marshal trying to repel them. (Nobody was ever condemned for that.) The Frederick Douglas’ Paper of June 9, 1854 (page 2) commented with a piece titled “The True Remedy for the Fugitive Slave Bill.” Although without a byline, it was likely written by Frederick Douglass himself. The first paragraph reads (emphasis in the original):

A good revolver, a steady hand, and a determination to shoot down any man attempting to kidnap. Let every colored man make up his mind to this, and live by it, and if needs be, die by it. This will put an end to kidnapping and to slaveholding, too. We blush to our very soul when we are told that a Negro is so mean and cowardly that he prefers to live under the slavedriver’s whip—to the loss of life or liberty. Oh! that we had a little more of the manly indifference to death, which characterized the Heroes of the American Revolution.

The Library of Congress advises me that that “the ‘true remedy’ theme in connection with slavery is mentioned more than 30 times in various African American newspapers, from ca. 1828-1860” (email of December 28, 2022). I was alerted to Douglass’s statement by Damon Root’s interesting article “The New York Times Is Surprised To Find Public Defenders Championing the Second Amendment” (Reason, August 1, 2022).

The last two sentences of Douglass’s quote above raise what is known to economists as the problem of collective action (see Mancur Olson, The Logic of Collective Action [Harvard University Press, 1971]). If a large number of slaves (assuming they could have owned or obtained revolvers), escaped slaves, and their supporters had shot a sufficient number of slave owners and slave catchers, they would have abolished slavery. The collective action problem is who will start the action and shoot first, for those are themselves likely be killed or punished instead of being liberated. Most people are not willing to die for a cause, even just, that is likely to only benefit others.

If however Douglass had succeeded instilling in a sufficient number of individuals the “determination to shoot down any man attempting to kidnap” or to shoot any slave master, slavery would have unraveled through a simple mechanism of incentives. The way to stop persecution is to increase its cost for persecutors so that they don’t derive any net benefit from it. If that succeeds, the persecutor will back off. Individual self-defense by persecuted individuals or their supporters may not be sufficient by itself to achieve that goal, but it can contribute to it.



Source link

Tags: RemedyslaveryTrue
ShareTweetShareShare
Previous Post

How real leaders would handle the deficit

Next Post

Tiffany Jenkins on Plunder, Museums, and Marbles

Related Posts

At The Money: Grab Your Summer Rental Soon Now!

At The Money: Grab Your Summer Rental Soon Now!

by Index Investing News
June 4, 2026
0

     At The Money: Grab Your Summer Rental Soon!! (June 3, 2026) It’s not too late to get...

Sam’s Links: May Edition – Econlib

Sam’s Links: May Edition – Econlib

by Index Investing News
May 31, 2026
0

Sam Enright works on innovation policy at Progress Ireland, an independent policy think tank in Dublin, and runs a publication...

Transcript: Vimal Kapur, Chairman and CEO of Honeywell

Transcript: Vimal Kapur, Chairman and CEO of Honeywell

by Index Investing News
May 27, 2026
0

https://www.youtube.com/watch?v=sVqE7bsmtA0https://www.youtube.com/watch?v=sVqE7bsmtA0     The transcript from this week’s MiB: Vimal Kapur, Chairman and CEO of Honeywell, is below. You can...

Development by Consent – Econlib

Development by Consent – Econlib

by Index Investing News
May 23, 2026
0

March 2026 marked the 250th anniversary of the publication of An Inquiry into the Nature and Causes of the Wealth...

Transcript: Shelia Bair, former FDIC Chair

Transcript: Shelia Bair, former FDIC Chair

by Index Investing News
May 19, 2026
0

https://www.youtube.com/watch?v=Y-mjUH1lHg4https://www.youtube.com/watch?v=Y-mjUH1lHg4     The transcript from this week’s, MiB: Shelia Bair, former FDIC Chair, is below. You can stream and...

Next Post
Tiffany Jenkins on Plunder, Museums, and Marbles

Tiffany Jenkins on Plunder, Museums, and Marbles

Can Russia’s Military Recover in Ukraine?

Can Russia's Military Recover in Ukraine?

RECOMMENDED

The Student Debt Crisis And Black Women

The Student Debt Crisis And Black Women

January 29, 2023
Affirm Holdings Is A Purchase (NASDAQ:AFRM)

Affirm Holdings Is A Purchase (NASDAQ:AFRM)

September 17, 2024
Specialists query fowl strike as reason for South Korea airplane crash By Reuters

Specialists query fowl strike as reason for South Korea airplane crash By Reuters

December 29, 2024
Carrie Wells Closes 605 Cemetery Lane For .5 M

Carrie Wells Closes 605 Cemetery Lane For $16.5 M

February 26, 2024
Wagner mercenary troops march into Russian city

Wagner mercenary troops march into Russian city

June 24, 2023
How To Start A Side Hustle In 10 Steps

How To Start A Side Hustle In 10 Steps

August 2, 2023
Key highlights from Estee Lauder’s (EL) Q3 2025 earnings outcomes

Key highlights from Estee Lauder’s (EL) Q3 2025 earnings outcomes

May 1, 2025
Here’s why the U.S. had to sweeten terms to get the SVB sale done

Here’s why the U.S. had to sweeten terms to get the SVB sale done

March 27, 2023
Index Investing News

Get the latest news and follow the coverage of Investing, World News, Stocks, Market Analysis, Business & Financial News, and more from the top trusted sources.

  • 1717575246.7
  • Browse the latest news about investing and more
  • Contact us
  • Cookie Privacy Policy
  • Disclaimer
  • DMCA
  • Privacy Policy
  • Terms and Conditions
  • xtw18387b488

Copyright © 2022 - Index Investing News.
Index Investing News is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion

Copyright © 2022 - Index Investing News.
Index Investing News is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In