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The Racial Wealth Divide Hurts the Entire Middle Class

The Racial Wealth Divide Hurts the Entire Middle Class

| Oct 23, 2019 | Economy / Business|HP Subfeatured|Rights / DemocracyAmericans are more aware than ever that America has a race problem — and, more specifically, a racial wealth divide problem. As researchers from the Institute for Policy Studies and I found earlier this year, median white families are 41 times wealthier than median...
400 Years After Slavery’s Start, No More Band-Aids

400 Years After Slavery’s Start, No More Band-Aids

| Aug 21, 2019 | Economy / Business|Editors Picks|HP Featured|Rights / DemocracyFour hundred years ago this month, the first enslaved people from Africa arrived in Virginia.  Slavery is often reduced to a crime of America’s long-ago past. But enslaved labor created the backbone for America’s capitalistic economy, allowing it to grow into — and...
The Racial Wealth Divide Hurts the Entire Middle Class

Debunking Myths about Wealth and Race

| May 15, 2019 | Economy / Business|Editors Picks|HP FeaturedI don’t get that much hate mail — except when I write about race. This spring I coauthored a report called “Ten Solutions to Bridge the Racial Wealth Divide.” My coauthors and I found that the median white family today owns 41 times more wealth than the median black...
A Revolutionary Idea to Close the Racial Wealth Divide

A Revolutionary Idea to Close the Racial Wealth Divide

| Apr 17, 2019 | Economy / Business|Editors Picks|HP Featured|Rights / DemocracyThe gap between America’s ultra-wealthy and the rest of us is growing dramatically as wealth continues to concentrate at the top at the expense of the rest of us. One major symptom of this economic rift is the racial wealth divide, which is greater today than it was...
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