I don’t think I’ve ever heard this point made before, so I’m going to put it on the table:
There is a fundimental difference between theft and forcing someone to do manual labor. A Thief operates from a position of weakness, and victimizes the strong. If a thief is caught, he will be punished.
Slave owners operated from a position of strength and exploited the weak. There was no one to catch them because they were legally entitled to this exploitation.
Slave owners had the power and resources to have slaves shipped from Africa, to control their slaves, and to keep their slaves. They paid taxes for the right to own slaves, and they were legally entitled to the benefits they accrued from slaves.
In much the same way, today, factory owners operate from a position of strength to exploit their workers. It is certainly possible for the owner of a factory to put less effort into the factory and accrue more benefit than his workers, and it is his legal right by virtue of his ownership of the factory.
Although the factory owner does not own his workers, the exploitation is no different. It is true that the workers can choose to leave the factory and work somewhere else, but that they choose to be exploited does not make it any less exploitive.
We are enlightened now, and we no longer believe that owning human beings is ethical. However, we are still not enlightened enough to believe that exploitation is unethical. Thus, the slaves are not entitled to reparation for their exploitation – this was natural and just – such was the power embalance in the South at the time. What they may or may not be entitled to is reparation for the slavery – the lack of choice in the matter, the atrocity of human ownership.
These are related, but it seems to me that the atrocity was a symptom of the power, and not the other way around. In other words, if slavery was not allowed, equal exploitation through other means (for example, indentured servitude, or credit) would have been employed. The slave holders had enough power to orchestrate the exploitation and so it came to pass – the end was exploitation, the means was inconsequential.
In conclusion, the descendents of slaves may be entitled to a long overdue formal apology. It’s up to them what terms they want to lay down for the acceptance of the apology, i.e., “It will only seem heartfelt to us if it is supplimented by a few Benjamines.” But then again, it is up to us how heartfelt we really want it to be.
What they are not entitled to is direct compensation for exploitation, or any admission that the exploitation of their people that persists is in any way wrong-doing by the white people who still own the establishments where they work. Those people are still in a position of power, and they still pay taxes to retain that legal right. Again, anyone who thinks we are ready to take the enlightened stance that exploitation is wrong is living in a fantasy world.
Exploitation has nothing to do with race. It crosses all color boundaries, and has been the most persistant characteristic through every civlization, even or especially those with ideals that were absolutely contrary to it (e.g. socialism).