by Anne Helen Petersen
Economic policy debates center on restoring the security of the middle class, but this overlooks that high-earning Black Americans have and still face structural impediments to building wealth through homeownership.
SOURCE: Bloomberg CityLab
by Brentin Mock
The real estate industry has adopted appraisal standards in response to fair housing laws that are, on the surface, race-neutral. But they don't account for the ways that racism has lowered the sale value in diverse neighborhoods, and still penalize Black and Latino homeowners.
SOURCE: The Nation
by Marcia Chatelain
"As Keeanga-Yamahtta Taylor shows in Race for Profit, we are also only beginning to reckon with the complex network of bankers, real estate agents, and federal agencies that used the rhetoric of equality to obscure a set of race-to-the-bottom schemes that sought to extract as much wealth as possible from poor Black Americans."
Slavery is the usual argument for reparations. But there’s another rationale.
SOURCE: The New Republic
by Adolph Reed Jr.
A political scientist argues that the black-white wealth gap is mostly a product of four decades of income gains accruing to the highest earners; accordingly a broad economic justice program is the best way to close the wealth gap.
The creator of The New York Times 1619 project and Pulitzer Prize winner Nikole Hannah-Jones speaks with CNN's Manu Raju about the history behind the wealth gap between white Americans and Black Americans
WBUR's On Point discusses the issue of reparations to African Americans with economics and public policy professor William Darity and also discusses the legacy of the Rosewood Massacre with the grandson of the oldest survivor of the Florida episode of racist terrorism.
Railroads Were at the Forefront of Political Corruption
by Lawrence Wittner
Although President Donald Trump has claimed that “inequality is down,” federal data released this year show that, in 2018, the nation’s income inequality reached the highest level since the U.S. Census Bureau began measuring it five decades before.
SOURCE: Washington Post
by Calvin Schermerhorn
When one system of economic oppression collapsed, new ones were created to fill the void.
- Lawrence Otis Graham, 59, Dies; Explored Race and Class in Black America
- How Negro History Week Became Black History Month and Why It Matters Now
- A Harvard Professor Called Wartime Sex Slaves ‘Prostitutes.’ One Pushed Back
- African-American Sacrifice in the Killing Fields of France
- The Future of the Middle Class Depends on Student Loan Forgiveness
- A Chapter In U.S. History Often Ignored: The Flight Of Runaway Slaves To Mexico
- For Many, an Afro isn’t Just a Hairstyle
- With Free Medical Clinics and Patient Advocacy, the Black Panthers Created a Legacy in Community Health That Still Exists Amid COVID-19
- With a Touch of Wisdom: Human Rights, Memory, and Forgetting
- New Exhibit Reckons With Glendale's Racist Past as ‘Sundown Town'