Poster Paper:
"Revolution Is Based on Land:" Wealth Denied Via Black Farmland Ownership Loss
*Names in bold indicate Presenter
Where have Black farmers lost land?
What is the wealth, in farmland value, that Black people have been excluded from accumulating?
Since 1920, Black farmland ownership has declined, along with the possibility for wealth accumulation. White farmers, conversely, have retained farmland ownership, and the wealth and power that accumulates with it. While it cannot be known that every Black farmer would have chosen to stay on their land if they’d had access to the same supports as white farmers, there is still a notable racial discrepancy in farmland ownership today. In 2012, Black farm operators nationwide held approximately $51 billion, as compared to over $4.3 trillion held by white farm operators. The sum of Black-owned farmland in 1920 would have a value of over $185 billion today. By the metrics used in this analysis, if Black farm owners had retained ownership of their land, they would have accumulated over $120 billion. Lost wealth is concentrated in the southeastern states, where Black farmland ownership was previously highest. The 11 southeastern states alone total nearly $90 billion lost. By putting a value on and location to where wealth has been denied, this analysis can be used as a tool in “The Case for Reparations.”