But people are still living in it because the ramifications can be still felt today. People in those former colonies are poor because the state sanctioned privateers wreaked havoc in those countries. How is aiding in combatting economic crisis in those countries not helping developing nations?

Or we can do both

Then form a movement and demand reparations from those countries. Just because your ancestors didn’t get justice doesn’t mean others shouldn’t.

The people are long dead but the states and institutions that benefitted from slavery still exist. Like for example the Netherlands, my country, benefited greatly from the slave trade and it started the Dutch Golden Age. The enormous wealth it brought back to the Netherlands made what the country is today. Even the riches of the Dutch royal family is build with spoils from the colonial past. It’s only fair that the Dutch state would use some of those riches to help the former colonies grow their economy where lots of descendants of slaves are living in enormous poverty. And these people are only four to five generations away from ancestors who were born into slavery, it wasn’t that long ago.

Also mild case of collateral infant death is much more preferable. Ain’t my kids anyway.