LCCN2022-053492
Reviews'[A] book that should be read widely, even by economists specializing in general issues in the US economy. ... The book provides a template for mapping the position of other marginalized groups in the US economy, and its focus on stratification economics can help a wide range of people see their own abundance.' Larry Chavis, Journal of Economics, Race, and Policy
Dewey Decimal331.6/396073
Table Of ContentPart I. Foundations: 1. Introduction; 2. Racial identity as an economic norm; 3. Mechanisms of stratification: insecurities and inequities of capitalist competition; 4. Regimes of racial stratification: 1865 - present; Part II. African American Educational Progress and Transformations in Family Structure, 1965 - present: 5. African American educational progress: 1965 - present; 6. Transformations in family structure; Part III. African American Income and Wealth, 1965 - present: 7. Family income growth and inequality: 1965 - present; 8. Family wealth inequality: pensions, homeownership, and property income; 9. Individual wage and employment disparity; 10. African American cultural diversity: social identity, ethnicity, and nativity; Part IV. Structural Racism, 1965 - present: 11. Structural racism and persistent wage disparity; 12. The Criminal legal system and hate crimes; Part V. Restatement and Discussion: 13. Restatement and discussion; References; Index.
Edition DescriptionNew Edition
SynopsisThis extensive and comprehensive book tracks persistent racial disparities in the US across multiple regimes of structural racism. It begins with an examination of the economics of racial identity, mechanisms of stratification, and regimes of structural racism. It analyzes trends in racial inequality in education and changes in family structure since the demise of Jim Crow. The book also examines generational trends in income, wealth, and employment for families and individuals, by race, gender, and national region. It explores economic differences among African Americans, by region, ethnicity, nativity, gender, and racial identity. Finally, the book provides a theoretical analysis of structural racism, productivity, and wages, with a special focus on the role of managers and instrumental discrimination inside the firm. The book concludes with an investigation of instrumental discrimination, hate crimes, the criminal legal system, and the impact of mass incarceration on family structure and economic inequality., This book explains persistent racial disparities in the United States. It begins with an examination of the economics of racial identity, mechanisms of stratification, and regimes of structural racism. Thereafter, it examines racial trends in income, wealth, employment, and criminal legal outcomes and African American diversity.