economic inequality
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NBA Foundation Announces First Recipients of Grants to Empower the Black Community
On the same day that the NBA Foundation named Greg Taylor its first-ever executive director, it also made another major announcement as part of its mission to advance economic empowerment within the Black community. On Thursday, it announced initial recipients of grants totaling $2 million to seven organizations that “provide skills training, mentorship, coaching and…
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As US Death Toll Hit 1,000 Per Day, New Study Says COVID-19 Has Become Third Leading Cause of Death for Black People
COVID-19 has taken an unrelenting toll on this country in the five months since the pandemic began. As deaths hit 1,000 per day over the last month, new data suggests that COVID-19 has become the third leading cause of death for Black people. According to CBS News, a new study from the Brookings Institution shows…
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‘Strike for Black Lives’: Tens of Thousands Walk Off Their Jobs to Demand better Pay, Working Conditions for Black Workers
From janitors and Uber drivers to nursing home aides and servers, tens of thousands of Americans either walked off or are expected to Monday as part of the “Strike for Black Lives,” a massive show of collective action meant to draw increased attention to systemic racism in America’s workplaces. The strike was organized by dozens…
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Senate Democrats Pandemic Relief Bill Includes the $350 Billion 'Economic Justice Act' for Communities of Color
Given the sheer amount of fuckery popping off on a daily basis, it’s almost easy to forget that we’re currently in the midst of a pandemic that is decimating both public health and the economy. Almost. While the president and certain GOP governors try to deny and downplay the severity of the virus, it’s only…
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Can Coronavirus Cure White Supremacy?
Black people are crazy. Long before Donald Trump’s peer-reviewed research concluded that warm weather and Easter speeches could cure the deadly COVID-19, Dr. Samuel Adolphus Cartwright mesmerized America with his own pseudo-scientific discovery. On March 17, 1851, Cartwright delivered a paper before the most distinguished scientific minds of Louisiana (the same brilliant Southerners who believed…
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If You Want to Understand the Economics of Institutional Racism, Read This
To properly understand white supremacy and institutional inequality, there is no need to study the Ku Klux Klan or ask why you can’t say the n-word. Racism has less to do with the hate in one’s heart and more to do with the hard truths of economics and history. A new study titled “The Devaluation…
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New Research Proves That All Things Being Equal, Nothing Is Equal for Black Boys
Perhaps you’ve heard the decades-old conservative cure for systematic racism. When confronted with any statistic that shows widespread inequality, Fox News watchers, people who own “Make America Great Again” paraphernalia, and even Hillary Clinton and Bernie Sanders supporters who “don’t see color” all propose the same theory: If “the blacks” concentrated on family, hard work…
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New Study Suggests Black Middle-Class Families May Have Zero Wealth in a Few Decades
Because of legalized segregation, job discrimination and racist housing policies, it’s not surprising that black and Latinx families haven’t had the same opportunities to amass wealth as white families have. But a new study—and an accompanying op-ed by one of its researchers—reveal that black and Latinx families have actually lost wealth over the last 30…