Race And Wealth Disparities

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The Color Of Wealth

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Author : Barbara Robles
language : en
Publisher: The New Press
Release Date : 2006-06-05

The Color Of Wealth written by Barbara Robles and has been published by The New Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2006-06-05 with Business & Economics categories.

For every dollar owned by the average white family in the United States, the average family of color has less than a dime. Why do people of color have so little wealth? The Color of Wealth lays bare a dirty secret: for centuries, people of color have been barred by laws and by discrimination from participating in government wealth-building programs that benefit white Americans. This accessible book—published in conjunction with one of the country’s leading economics education organizations—makes the case that until government policy tackles disparities in wealth, not just income, the United States will never have racial or economic justice. Written by five leading experts on the racial wealth divide who recount the asset-building histories of Native Americans, Latinos, African Americans, Asian Americans, and European Americans, this book is a uniquely comprehensive multicultural history of American wealth. With its focus on public policies—how, for example, many post–World War II GI Bill programs helped whites only—The Color of Wealth is the first book to demonstrate the decisive influence of government on Americans’ net worth.

The Color Of Wealth

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Author : Meizhu Lui
language : en
Publisher: The New Press
Release Date : 2006

The Color Of Wealth written by Meizhu Lui and has been published by The New Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2006 with Business & Economics categories.

The Color of Wealth lays bare a dirty secret: for centuries, people of color have been barred by laws and by discrimination from participating in government wealth-building programs that benefit white Americans.

Black Wealth White Wealth

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Author : Melvin L. Oliver
language : en
Publisher: Taylor & Francis
Release Date : 2006

Black Wealth White Wealth written by Melvin L. Oliver and has been published by Taylor & Francis this book supported file pdf, txt, epub, kindle and other format this book has been release on 2006 with Business & Economics categories.

The authors analyse wealth - total assets and debts rather than income alone - to uncover deep and persistent racial inequality in America, and show how public policies fail to redress this problem.

Race And Wealth Disparities

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Author : Beverly I. Moran
language : en
Publisher: University Press of America
Release Date : 2008

Race And Wealth Disparities written by Beverly I. Moran and has been published by University Press of America this book supported file pdf, txt, epub, kindle and other format this book has been release on 2008 with Psychology categories.

Race and Wealth Disparities is a multidisciplinary reader on the subject of race and wealth primarily, yet not exclusively, within the United States.

Black Wealth White Wealth

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Author : Melvin Oliver
language : en
Publisher: Routledge
Release Date : 2013-04-15

Black Wealth White Wealth written by Melvin Oliver and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-04-15 with Political Science categories.

The award-winning Black Wealth / White Wealth offers a powerful portrait of racial inequality based on an analysis of private wealth. Melvin Oliver and Thomas Shapiro's groundbreaking research analyzes wealth - total assets and debts rather than income alone - to uncover deep and persistent racial inequality in America, and they show how public policies have failed to redress the problem. First published in 1995, Black Wealth / White Wealth is considered a classic exploration of race and inequality. It provided, for the first time, systematic empirical evidence that explained the racial inequality gap between blacks and whites. The Tenth Anniversary edition contains two entirely new and substantive chapters. These chapters look at the continuing issues of wealth and inequality in America and the new policies that have been launched in the past ten years. Some have been progressive while others only recreate inequality - for example the proposal to eliminate the estate tax. Compelling and also informative, Black Wealth / White Wealth is not just pioneering research. It is also a powerful counterpoint to arguments against affirmative action and a direct challenge to current social welfare policies that are tilted towards the wealthy.

Toxic Inequality

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Author : Thomas M. Shapiro
language : en
Publisher:
Release Date : 2017

Toxic Inequality written by Thomas M. Shapiro and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017 with Equality categories.

"Since the Great Recession, most Americans' standard of living has stagnated or declined. Economic inequality is at historic highs. But inequality's impact differs by race; African Americans' net wealth is just a tenth that of white Americans, and over recent decades, white families have accumulated wealth at three times the rate of black families. In our increasingly diverse nation, sociologist Thomas M. Shapiro argues, wealth disparities must be understood in tandem with racial inequities--a dangerous combination he terms "toxic inequality." In Toxic Inequality, Shapiro reveals how these forces combine to trap families in place. Following nearly two hundred families of different races and income levels over a period of twelve years, Shapiro's research vividly documents the recession's toll on parents and children, the ways families use assets to manage crises and create opportunities, and the real reasons some families build wealth while others struggle in poverty. The structure of our neighborhoods, workplaces, and tax code--much more than individual choices--push some forward and hold others back. A lack of assets, far more common in families of color, can often ruin parents' careful plans for themselves and their children. Toxic inequality may seem inexorable, but it is not inevitable. America's growing wealth gap and its yawning racial divide have been forged by history and preserved by policy, and only bold, race-conscious reforms can move us toward a more just society."--Publisher's description.

The Color Of Money

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Author : Mehrsa Baradaran
language : en
Publisher: Harvard University Press
Release Date : 2017-09-14

The Color Of Money written by Mehrsa Baradaran and has been published by Harvard University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-09-14 with Business & Economics categories.

In 1863 black communities owned less than 1 percent of total U.S. wealth. Today that number has barely budged. Mehrsa Baradaran pursues this wealth gap by focusing on black banks. She challenges the myth that black banking is the solution to the racial wealth gap and argues that black communities can never accumulate wealth in a segregated economy.

Wealth Accumulation And Communities Of Color In The United States

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Author : Jessica Gordon Nembhard
language : en
Publisher: University of Michigan Press
Release Date : 2006-11-06

Wealth Accumulation And Communities Of Color In The United States written by Jessica Gordon Nembhard and has been published by University of Michigan Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2006-11-06 with Business & Economics categories.

"Congratulations to Drs. Nembhard and Chiteji and the authors included in this much needed volume of work! Their book offers the perspective and insight of scholars of color that are too often missing from information produced by the asset building field (people and organizations seeking to help low-income people develop assets). Communities served by the asset building field are disproportionately made up of people of color. This book captures work produced by scholars representing these communities and offers innovative and thought provoking analyses of wealth inequality. Decision-making on research, policy, and practice that fails to incorporate the knowledge of these and other asset accumulation experts of color runs the risk of being fatally flawed and irrelevant to the communities the asset building field intends to serve." --Kilolo Kijakazi, Ph.D., The Ford Foundation "An important contribution to the economics literature on wealth and to our understanding of racial and ethnic inequality. This book adds to our knowledge and understanding of the wealth positions of Latinos, Asian Americans, Hawaiians, and Native Americans and places this information in the context of black-white wealth inequality." --Cecilia A. Conrad, Department of Economics, Pomona College "This book does an outstanding job of introducing readers to a host of interesting questions related to racial and ethnic minority status and wealth composition and accumulation. The chapters on wealth accumulation among Native Americans, Latinos, and Asian Americans offer one of the few places where this information is readily available. The recent disaster in New Orleans has shown the nation that there is a strong interaction between wealth, race, and social outcomes. This book not only fills a void in understanding the black-white wealth inequality that was apparent after Hurricane Katrina, but it also provides great insight into the wealth status of other racial and ethnic minorities." --Patrick L. Mason, Department of Economics, Florida State University "This edited volume takes up an important, indeed, fundamental, topic, bringing together leading scholars to assess wealth accumulation among people of color. No other book or research report covers as many groups of color as appear in this volume, devoting chapters to African Americans, Latinos, Native Americans, Asian Americans, and Native Hawaiians. The result is a noteworthy achievement." --Michael Sherraden, Benjamin E. Youngdahl Professor of Social Development, Washington University in St. Louis Jessica Gordon Nembhard is Assistant Professor and Economist, African American Studies Department, and co-founder of the Democracy Collaborative at the University of Maryland, College Park. Her work on the history of black cooperatives is well known in progressive circles. Ngina Chiteji is Associate Professor of Economics, Skidmore College. She was a Visiting Assistant Research Scholar at The Democracy Collaborative, University of Maryland, College Park.

The Hidden Cost Of Being African American

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Author : Thomas M. Shapiro
language : en
Publisher:
Release Date : 2004

The Hidden Cost Of Being African American written by Thomas M. Shapiro and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2004 with History categories.

Over the past three decades, racial prejudice in America has declined significantly and many African American families have seen a steady rise in employment and annual income. But alongside these encouraging signs, Thomas Shapiro argues in The Hidden Cost of Being African American, fundamental levels of racial inequality persist, particularly in the area of asset accumulation--inheritance, savings accounts, stocks, bonds, home equity, and other investments-. Shapiro reveals how the lack of these family assets along with continuing racial discrimination in crucial areas like homeownership dramatically impact the everyday lives of many black families, reversing gains earned in schools and on jobs, and perpetuating the cycle of poverty in which far too many find themselves trapped. Shapiro uses a combination of in-depth interviews with almost 200 families from Los Angeles, Boston, and St. Louis, and national survey data with 10,000 families to show how racial inequality is transmitted across generations. We see how those families with private wealth are able to move up from generation to generation, relocating to safer communities with better schools and passing along the accompanying advantages to their children. At the same time those without significant wealth remain trapped in communities that don't allow them to move up, no matter how hard they work. Shapiro challenges white middle class families to consider how the privileges that wealth brings not only improve their own chances but also hold back people who don't have them. This "wealthfare" is a legacy of inequality that, if unchanged, will project social injustice far into the future. Showing that over half of black families fall below the asset poverty line at the beginning of the new century, The Hidden Cost of Being African American will challenge all Americans to reconsider what must be done to end racial inequality.

Being Black Living In The Red

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Author : Dalton Conley
language : en
Publisher: Univ of California Press
Release Date : 2010

Being Black Living In The Red written by Dalton Conley and has been published by Univ of California Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2010 with Biography & Autobiography categories.

"Being Black, Living in the Red is an important book. In Conley's persuasive analysis the locus of current racial inequality resides in class and property relations, not in the labor market. This carefully written and meticulous book not only provides a compelling explanation of the black-white wealth differential, it also represents the best contribution to the race-class debate in the past two decades."—William Julius Wilson, author of When Work Disappears: The World of the New Urban Poor "In Being Black, Living in the Red, Dalton Conley has taken the discussion of race and inequality into important new territory. Even as income inequality is shrinking, Conley shows, the wealth gap endures. That gap, he argues lucidly, explains much of the persisting 'two societies' phenomenon—it contributes significantly to inequalities in education, work, even family structure. Those concerned about equity in America will find this book indispensable reading."—David Kirp, author of Our Town: Race, Housing, and the Soul of America "With methodological sophistication Dalton Conley's well written book makes a significant contribution to our understanding of the precarious social and economic predicament that African Americans continue to experience."—Martin Sanchez-Jankowski, author of City Bound: Urban Life and Political Attitudes Among Chicano Youth "Picking up where Oliver and Shapiro (Black Wealth, White Wealth) left off, Conley details how and why facets of net worth cascade into long-term inequalities. All sides will be impressed with Conley's thorough scholarship and richly detailed analysis."—Troy Duster, co-editor of Cultural Perspectives on Biological Knowledge "Being Black, Living in the Red is the most convincing analysis yet of the importance of wealth for the life chances of African Americans. Thanks to Conley's stunning data and adroit theoretical discussions, social scientists and policymakers can no longer ignore wealth as they attempt to deal with the thorny issue of racial inequality. A must read!"—Melvin L. Oliver, author of Black Wealth, White Wealth: A New Perspective on Racial Inequality