Kamis, 10 September 2020

The Color Of Money: Black Banks And The Racial Wealth Gap Mehrsa Baradaran | [pdf]



[Book] The Color of Money: Black Banks and the Racial Wealth Gap -Mehrsa Baradaran



 


Book information:


Title : The Color of Money: Black Banks and the Racial Wealth Gap
Author : Mehrsa Baradaran
Publisher : Belknap Press
Print Length : 163 pages


Book Descriptions:

The Atlantic"Extraordinary... Baradaran focuses on a part of the American story that's often ignored: the way African Americans were locked out of the financial engines that create wealth in America."-Ezra KleinWhen the Emancipation Proclamation was signed in 1863, the black community owned less than 1 percent of the total wealth in America. More than 150 years later, that number has barely budged. The Color of Money seeks to explain the stubborn persistence of this racial wealth gap by focusing on the generators of wealth in the black community: black banks.With the civil rights movement in full swing, President Nixon promoted "black capitalism," a plan to support black banks and minority-owned businesses. But the catch-22 of black banking is that the very institutions needed to help communities escape the deep poverty caused by discrimination and segregation inevitably became victims of that same poverty. In this timely and eye-opening account, Baradaran challenges the long-standing belief that black communities could ever really hope to accumulate wealth in a segregated economy."Black capitalism has not improved the economic lives of black people, and Baradaran deftly explains the reasons why."-Los Angeles Review of Books"A must read for anyone interested in closing America's racial wealth gap."-Black Perspectives

book review the color of money ncrc. the color of money black banks and the racial wealth gap.

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the color of money mehrsa baradaran harvard university. a thoroughly researched and clear demonstration of the american history of the racial wealth gap the color of money does two things a methodical recounting of the attempts to create black wealth in america while demonstrating the racist structures in place that ensured failure baradaran is clearly very knowledgeable in her field. the color of money black banks and the racial wealth gap. 2 10 2019 the color of money black banks and the racial wealth gap mehrsa baradaran harvard university press 2017 find this book mehrsa baradaran s the color of money studies the role of financial structures in the american racial wealth gap noting that 60 of black americans relative to 20 of white americans are either unbanked or underbanked baradaran describes how. the color of money mehrsa baradaran harvard university. when the emancipation proclamation was signed in 1863 the black community owned less than one percent of the united states total wealth more than 150 years later that number has barely budged the color of money pursues the persistence of this racial wealth gap by focusing on the generators of wealth in the black community black banks. pdf book review the color of money black banks and the. 9 14 2017 the color of money seeks to explain the stubborn persistence of this racial wealth gap by focusing on the generators of wealth in the black community black banks with the civil rights movement in full swing president nixon promoted black capitalism a plan to support black banks and minority owned businesses.


 


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