The Color of Money: Black Banks and the Racial Wealth Gap
Price: $14.89
(as of Mar 25, 2023 16:00:16 UTC – Details)
“Read this book. It explains so much about the moment…Beautiful, heartbreaking work.”
―Ta-Nehisi Coates
“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
From the Publisher
Praise for The Color of Money
Publisher : Belknap Press: An Imprint of Harvard University Press; Reprint edition (March 11, 2019)
Language : English
Paperback : 384 pages
ISBN-10 : 0674237471
ISBN-13 : 978-0674237476
Item Weight : 12 ounces
Dimensions : 5.5 x 1 x 8.25 inches
Product Name: Essential Make Money Knitting Ideas Click here to get Essential Make Money Knitting Ideas at discounted price Read more
Product Name: Hair Loss Black Book - Stop Hair Loss & Re-Grow Your Hair Click here to get Hair Read more
Product Name: Vibrational Manifestation - Send Email For This = Make Money Click here to get Vibrational Manifestation - Read more
Product Name: Train For Wealth - Basic Training Click here to get Train For Wealth - Basic Training at Read more
Product Name: Real Money Doubling Forex Robot Fap Turbo - Sells Like Candy! Click here to get Real Money Read more
Product Name: Homemade Strength | Homemade Equipment | Build Your Own Training Equipment | Make Your Own Strength Training Equipment Read more
Product Name: Wealth Trigger 360 - Dr. Joe Vitale and Dr. Steve G. Jones Click here to get Wealth Read more
Product Name: Play for Wealth System - Video Click here to get Play for Wealth System - Video at Read more
Product Name: Stock Training - Trading The Gap - Stock Trading Course Click here to get Stock Training - Read more
Product Name: Geometric Wealth Building Program Click here to get Geometric Wealth Building Program at discounted price while it's Read more
Product Name: Black Magic Tantra Click here to get Black Magic Tantra at discounted price while it's still available... Read more
Product Name: Blockbuster Offer $2+ Epc - 90% Commission - Urgent Money Miracle Click here to get Blockbuster Offer Read more