wealth disparity
-
Everyone Knows There's a Racial Wealth Gap. How Do We Fix It?
This country has always had a wealth gap, and America usually fixes this problem…for white people. To cure widespread poverty during the Great Depression, the New Deal guaranteed jobs, reformed banking, built infrastructure, reimagined education and literally built entire towns filled with affordable housing… For white people. Because of segregation, Jim Crow and the newly…
-
What Are Reparations and Why Are They a Hot Ticket Item in 2020? | Unpack That
Reparations for slavery is one of the hottest political topics on the 2020 campaign trail. But, who wants them? Who gets them? And why are they important? First things first: Reparations for slavery isn’t all about getting that bag. It’s part of it, for sure, but it’s also about acknowledging and reconciling a wrong. In…
-
Black Families Are 228 Years Away From Accumulating the Same Amount of Wealth as White Families
There’s still a long way to go to close the racial wealth gap—some 228 years, to be precise, according to a study by the Corporation for Enterprise Development and Institute for Policy Studies (pdf). According to the report, if the average black family’s wealth continues to grow at the same pace it has over the past…