Blurb Reparations
Reparations of Nazi Purloined Property: Four Generations
After World War 2, the Allies decided to reimburse those who had their possessions confiscated. For Jews, most of whom had died, the Allied designated Jewish agencies. These agencies have only received less than 20 percent of the value of Jewish assets stolen by Nazis. At least $115-175 billion (2005 prices) remains unreturned. Even the highly publicized resurgence of restitution in the 1990s resulted in the return of only three percent of assets. A key reason for the lack of retrieval was the failure to account for this massive tragedy, unequaled in human history, the extermination of two-thirds of the European Jews. (The marked divergences occurred in the period after World War 2 and the 1990s. (Excluded from the value of Jewish assets are the legitimate claims for Nazi’s damage to life, health and income, savings pensions, and other related emoluments). Less than 20 percent of the value of Jewish assets stolen by the Nazis and their collaborators has resolved. At least $115-$175 billion (2005 prices) remains unreturned. Even the highly publicized resurgence of restitution efforts since the mid-1990s resulted in the return of only three percent of Holocaust property. These meager results were the failure to make herculean efforts to deal with a unique horrific event. The Nazis exterminated more than two-thirds of continental European Jewry and confiscation all its assets. . Certain lessons have emerged from the cumulative experience. (Excluded are other legitimate claims of Holocaust victims such as Nazi-inflicted damage to life, health, and income). Recovery of heritage in return for literary works, restitution for slave labor, death, insurance policies, artworks, etc.,