As protesters march through our cities, a new study dramatizes that at the heart of our racially fractured society is a hidden system of racial wealth inequalities. The marches in the streets may have been provoked by police conduct in Fergusson and Staten Island. But there is a deeper dream that has been deferred. The […]
racial wealth gap
400 Billionaires = Wealth of All 41 Million African-Americans
Click here for updated numbers for 2015 from the new Forbes 400 Report. Preview: Just two years later, the wealthiest 100 now have as much wealth as entire African American population. The racial wealth divide has reached new heights. The billionaires that make up the “Forbes 400” list have as much wealth as the entire African-American […]
Race and Class: The more we get together the stronger we are
Labor unions, welfare rights campaigns, and the fight for pay equity are historical struggles for justice that have impacted the shape of the wealth distribution in the last century. Each of those fights was strengthened and more effective as they became more inclusive of people of color. One of the most effective tools we have […]