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The Color of Money: Black Banks and the Racial Wealth Gap by Mehrsa Baradaran (E

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Last updated on Jul 18, 2024 19:45:37 PDTView all revisionsView all revisions

Item specifics

Condition
Brand New: A new, unread, unused book in perfect condition with no missing or damaged pages. See the ...
ISBN-13
9780674237476
Book Title
The Color of Money
ISBN
9780674237476
Publication Year
2019
Type
Textbook
Format
Paperback
Language
English
Publication Name
The Color of Money: Black Banks and the Racial Wealth Gap
Item Height
210 mm
Author
Mehrsa Baradaran
Publisher
Harvard University Press
Subject
Economics, Law, Social Sciences, Finance, History, Business
Item Width
140 mm
Number of Pages
384 Pages

About this product

Product Information

?A deep accounting of how America got to a point where a median white family has 13 times more wealth than the median black family.? ?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 Klein When 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

Product Identifiers

Publisher
Harvard University Press
ISBN-13
9780674237476
eBay Product ID (ePID)
17046676557

Product Key Features

Publication Year
2019
Subject
Economics, Law, Social Sciences, Finance, History, Business
Number of Pages
384 Pages
Language
English
Publication Name
The Color of Money: Black Banks and the Racial Wealth Gap
Type
Textbook
Author
Mehrsa Baradaran
Format
Paperback

Dimensions

Item Height
210 mm
Item Width
140 mm

Additional Product Features

Country/Region of Manufacture
United States
Title_Author
Mehrsa Baradaran

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