Resource Links Tagged with "Economics"

10 Myths about the Racial Wealth Gap

by Dion Rabouin | July 2020
1. The myth of closing the racial wealth gap through education
2. The myth of closing the racial wealth gap through personal responsibility
3. The myth of closing the racial wealth gap through home ownership
4. The myth of closing the racial wealth gap with individual accomplishment
5. The myth of closing the racial wealth gap through increased savings
6. The myth of closing the racial wealth gap by investing in Black-owned banks
7. The myth of closing the racial wealth gap through entrepreneurship
8. The myth of closing the racial wealth gap through financial literacy
9. The myth of closing the racial wealth gap by emulating “model minorities”
10. The myth of closing the racial wealth gap through “stronger families”
TAGS: [Assumptions] [2020’s] [Myths] [Economics] [History] [Denial] [Racial Covenants] [White Supremacy] [White Culture] [Housing] [Systemic Racism] [White Privilege]

How Prison Labor is the New American Slavery and Most of Us Unknowingly Support it

by Sara Burrows | June 2016
If you buy products or services from any of the 50 companies listed below (and you likely do), you are supporting modern American slavery. American slavery was technically abolished in 1865, but a loophole in the 13th Amendment has allowed it to continue “as a punishment for crimes” well into the 21st century. Not surprisingly, corporations have lobbied for a broader and broader definition of “crime” in the last 150 years. As a result, there are more (mostly dark-skinned) people performing mandatory, essentially unpaid, hard labor in America today than there were in 1830.
TAGS: [Collective Action] [2010’s] [Slavery] [Prison System] [Strategies] [Economics] [Systemic Racism] [Individual Change]

How the Long Fight for Slavery Reparations is Slowly Being Won

by Kris Manjapra | April 2020
In a suburb of Chicago, the world’s first government-funded slavery reparations programme is beginning. Robin Rue Simmons helped make it happen – but her victory has been more than 200 years in the making. It began with an email. On an especially cold day in Evanston, Illinois, in February 2019, Robin Rue Simmons, 43 years old and two years into her first term as alderman for the city’s historically Black 5th ward, sent an email whose effects would eventually make US history. The message to the nine-member equity and empowerment commission of the Evanston city council started with a disarmingly matter-of-fact heading: “Because ‘reparations’ makes people uncomfortable.”
TAGS: [Collective Action] [2020’s] [Slavery] [Reparations] [Advocacy] [History] [Racial Covenants] [Systemic Racism] [Politics] [Denial] [Accountability] [Economics] [White Supremacy] [White Culture] [White Privilege]

A response to ‘Statement of Global Indigenous Identity and Solidarity’

by Rhiana Yazzie (Navajo) | October 2020
The following was written by Rhiana Yazzie (Navajo). It was originally posted on Facebook and is republished here with permission.
I’m responding to the “Statement of Global Indigenous Identity and Solidarity” that Rulan Tangen, the founder and artistic director of Dancing Earth Indigenous Contemporary Dance Creations published online on October 12, 2020. I urge you all to read this masterpiece justifying theft: the stealing of Native American identity, fellowships, grants, leadership, thought leadership, movie roles, and countless other robberies big and small, personal and public. …The letter details how over 30 years Rulan’s identity has evolved, and has allowed people, Native and non-Native to believe she was Native American. She now says, “I am often mistaken for or mislabelled as Native American, and my community kinship ties have possibly added to this mis-association.”
TAGS: [Strategies] [2020’s] [Indigenous] [Systemic Racism] [Myths] [Art & Culture] [Assumptions] [Economics]

American Violence in the Time of Coronavirus

by Graham Lee Brewer | May 2020
Roxanne Dunbar-Ortiz digs into the roots of violence buried deep within the country’s history. From the election of Donald Trump to the crisis of the COVID-19 pandemic, American violence has been on unprecedented display. The pandemic has likewise exposed some of the nation’s starkest disparities, not only in justice and health-related issues, but also along racial and class divides.
TAGS: [Strategies] [2020’s] [Indigenous] [Economics] [Systemic Racism] [History] [White Supremacy] [White Culture] [White Blindness] [White Privilege] [Employment] [Immigration]

The Hidden Racism of Young White Americans

by Sean McElwee | March 2015
Recently, chilling videos surfaced online of young University of Oklahoma students, members of the Sigma Alpha Epsilon fraternity, reciting a racially-charged chant. The story appeared surprising for numerous reasons. Among them, education is supposed to reduce racial resentment (or at least temper outward expressions of it), and young people, known as Millennials, are supposed to be uniquely tolerant. The incident offers an opportunity to reevaluate how we think about racism in America, and how we can fight it.
TAGS: [Individual Change] [2010’s] [Systemic Racism] [Housing] [Economics] [Employment]

Accounting for Race; A New Way to Compare the Financial Health of Households in States

by Prosperity Now | January 2019
Headlines of national economic strength belie the reality that millions in the US are living in financial precarity. Even worse, families that are still recovering from the last recession will be the first to suffer from the next recession, which many analysts warn is around the corner. Because people of color, particularly Black, Latino, Native American, Native Hawaiian and Pacific Islander people, live in a different economic reality than what oft-cited national data shows, we need to be honest about the impacts race and ethnicity have on economic outcomes. The exploration and acknowledgement of racial and ethnic disparities and their origins make our data clearer and our local, state and federal policies stronger. Solutions to our collective economic peril will remain elusive if we do not center the impact of race and racism.
TAGS: [Strategies] [2010’s] [Systemic Racism] [Economics] [White Supremacy] [White Culture] [White Privilege] [Indigenous] [Asian] [Latino/a] [History] [Housing] [Denial] [Politics] [Employment]

New HUD Report Shows Continued Discrimination Against People of Color

by Mijin Cha | June 2013
People of color looking for homes are told about and shown fewer homes and apartments than their white counterparts. Earlier this year, we highlighted how the racial wealth gap tripled from 1984-2009, mainly due to structural barriers to wealth accumulation for households of color, including rampant housing discrimination that constrained where African-American families could live and restricted access to affordable home loans. A new report from HUD shows the extent of housing discrimination against people of color. The report found that people of color looking for homes are told about and shown fewer homes and apartments than their white counterparts. This type of discrimination raises the costs of the housing search for people of color and restricts their housing options.
TAGS: [Strategies] [2010’s] [Housing] [Economics] [History] [Systemic Racism] [Denial] [Accountability] [White Privilege] [White Culture] [White Supremacy]

Why The U.S. Needs to do Reparations Now; Addressing centuries of racist Policy is a Critical Solution to Today’s Social Unrest, Explains Law Professor Mehrsa Baradaran in an Interview with HuffPost.

by Emily Peck | June 2020
Defunding the police is just part of the structural reform needed to root out racism in the U.S., says Mehrsa Baradaran, a law professor at the University of California, Irvine, who studies the economic inequities between Black and white Americans. What’s truly needed is a big-picture rethink of U.S. policy at every level, she told HuffPost in an interview by phone and in follow-ups over email this week. In her 2017 book “The Color of Money,” Baradaran lays out how, over centuries, policymakers wrote Black Americans out of the economic system — and how policies blocking Black people from obtaining mortgages, land and credit created an immense wealth gap between Black and white Americans that persists to this day. In her book, Baradaran says that after slavery was abolished, Black Americans held just .5% of all the wealth in the U.S. Today, the number is barely higher, at about 1%.
TAGS: [Assumptions] [2020’s] [Reparations] [Economics] [History] [Housing] [Civil War] [Policing] [Systemic Racism]

How to be a Good White Ally, According to Activists; Three Experts on What it Does and Doesn’t Mean to be an Ally, Now and Always

by Emily Stewart | June 2020
There are good ways — and there are less good ways — to be a white ally right now. Do take cues from black leaders and create space for their voices to be heard. Don’t think a performative emotional post on Instagram about your knowledge of racism does the trick. Do not center your feelings during this time of social unrest — an uprising that’s about racist violence against black Americans. … “Allyship is language, and being a co-conspirator is about doing the work,” said Ben O’Keefe, an activist and former senior aide to Sen. Elizabeth Warren. “It’s taking on the issue of racism and oppression as your own issue, even though you’ll never truly understand the damage that it does.”
TAGS: [Individual Change] [Black Lives Matter] [Anti-Racism] [Tips-Dos/Don’ts] [White Fragility/Tears] [Economics] [Policing] [Assumptions] [Advocacy] [White Supremacy] [White Blindness] [White Culture] [2020’s]

A Long-Lost Manuscript Contains a Searing Eyewitness Account of the Tulsa Race Massacre of 1921

by Allison Keyes | May 2016
An Oklahoma lawyer details the attack by hundreds of whites on the thriving black neighborhood where hundreds died 95 years ago. The ten-page manuscript is typewritten, on yellowed legal paper, and folded in thirds. But the words, an eyewitness account of the May 31, 1921, racial massacre that destroyed what was known as Tulsa, Oklahoma’s “Black Wall Street,” are searing. “I could see planes circling in mid-air. They grew in number and hummed, darted and dipped low. I could hear something like hail falling upon the top of my office building.
TAGS: [Racial Terrorism] [2010’s] [Systemic Racism] [White Supremacy] [White Culture] [History] [Economics] [Reparations] [Myths] [Silencing POC]

Why Juneteenth Matters: Professor Brenna Greer Shares the History and Significance

by Wellesley College | June 2020
Historians are increasingly illuminating the nature, extent, and consistency of investments in Black people’s oppression, which accounts for why, in this nation, Black freedom and racial equality have always required hard-fought battles, sometimes in the most literal and bloodiest sense. Juneteenth reminds us that, in this nation’s history, Black people’s freedom has traditionally been a question of economics and politics, not morality.
TAGS: [Strategies] [2020’s] [Economics] [Politics] [History] [Systemic Racism] [Slavery] [Civil War] [White Blindness] [White Supremacy] [Policing]

How Red Lines Built White Wealth: A Lesson on Housing Segregation in the 20th Century Teaching Activity. Rethinking Schools; A Teaching Activity

by Ursula Wolfe-Rocca | Date Unknown
An 11th-grade student leaned back in his chair at Lincoln High School in Portland, Oregon, and said, “Absurd. That is the only way to describe those numbers. They are absurd.” He and his classmates had just read statistics about the racial wealth gap in their Political Economy class: White households are worth at least 10 times as much as Black households; only 15 percent of whites have zero or negative wealth while a third of Blacks do; Black families making $100,000 typically live in the kinds of neighborhoods inhabited by white families making $30,000. These numbers are absurd, and they are not accidental. The mixer role play is based on Richard Rothstein’s The Color of Law, which shows in exacting detail how government policies segregated every major city in the United States with dire consequences for African Americans.
TAGS: [Assumptions] [Teachers] [Economics] [History] [Politics] [Housing] [Racial Covenants] [Systemic Racism] [White Supremacy] [White Culture] [White Privilege] [Reparations]

The Ghosts of Elaine, Arkansas, 1919

by Jerome Karabel | September 2019
Given the magnitude of the Elaine Massacre, its absence from standard narratives in American history is striking. In America’s bloody history of racial violence, the little-known Elaine Massacre in Phillips County, Arkansas, which took place in October 1919, may rank as the deadliest. The reasons why the event has remained shrouded and obscure, despite a shocking toll of bloodshed inflicted on the African-American inhabitants of Phillips County, speak to a legacy of white supremacy in the US and ruthless suppression of labor activism that disfigures American society to this day.
TAGS: [Racial Terrorism] [2010’s] [White Supremacy] [History] [White Culture] [Systemic Racism] [Systemic Racism] [Policing] [Police Shootings] [Silencing POC] [Economics] [Employment]

A Conversation about Truth and Reconciliation in the US

by Ezra Klein | July 2020
What would it take for America to heal? To be the country it claims to be? This is the question that animates Bryan Stevenson’s career. Stevenson is the founder and executive director of the Equal Justice Initiative, a clinical professor at the New York University School of Law, a MacArthur “genius,” and the author of the remarkable book Just Mercy — which was recently turned into a feature film where Stevenson was played by Michael B. Jordan.
TAGS: [Strategies] [2020’s] [Confederate Monuments] [Role Model] [Advocacy] [Prison System] [History] [Denial] [White Blindness] [Slavery] [Civil War] [Economics] [White Supremacy] [Systemic Racism]

Liberal, Progressive — and Racist? The Sierra Club Faces its White-Supremacist History

by Darryl Fears and Steven Mufson | July 2020
As Confederate statues fall across the country, Sierra Club Executive Director Michael Brune said in an early morning post on the group’s website, “it’s time to take down some of our own monuments, starting with some truth-telling about the Sierra Club’s early history.” Muir, who fought to preserve Yosemite Valley and Sequoia National Forest, once referred to African Americans as lazy “Sambos,” a racist pejorative that many black people consider to be as offensive as the n-word.
TAGS: [Racial Terrorism] [2020’s] [Confederate Monuments] [POC Climate Action] [Indigenous] [Black Lives Matter] [Accountability] [History] [White Supremacy] [White Blindness] [Economics] [Employment] [Anti-Racism] [White Privilege] [White Culture] [Systemic Racism] [Strategies]

How Slaveholders in the Caribbean Maintained Control The whip was not the only tool in their arsenal: slaveholders were masters of manipulation too.

by Christer Petley | November 2018
As elsewhere in the Americas, the right of masters in Jamaica to punish slaves was enshrined in law, and the violence that sustained slavery went far beyond whipping. Punishments could include amputation, disfiguring, branding and more. … Privileging some enslaved people above others was another effective means of sowing discord. Slaveholders encouraged complex social hierarchies on the plantations that amounted to something like a system of ‘class’. At the top of plantation slave communities in the sugar colonies of the Caribbean were skilled men, trained up at the behest of white managers to become sugar boilers, blacksmiths, carpenters, coopers, masons and drivers. Such men were, in general, materially better-off than field slaves (most of whom were women), and they tended to live longer.
TAGS: [Assumptions] [2010’s] [Slavery] [History] [White Supremacy] [White Culture] [White Privilege] [Silencing POC] [Systemic Racism] [Economics] [Denial]

For Local Native Americans, a Reckoning over Hurtful Images Goes Way Beyond One South Philadelphia Statue

by Jeff Gammage and Maddie Hanna | July 2020
James Logan was not just a colonial statesman and Philadelphia mayor. He was an architect of the infamous “Walking Purchase,” a scheme in which he and others swindled the original Lenape inhabitants out of perhaps a million acres of land in 1737. “You see these things every single day,” said Mach, 33, a University of Pennsylvania doctoral student who studies how Native Americans are represented in museums. “This stuff is just everywhere.”
Across the United States, the Black Lives Matter protests against racism and police violence have also ignited new discussions and demands over the use of Native images, symbols and mascots, and the future of monuments to men who harmed and killed indigenous people.
TAGS: [Assumptions] [2020’s] [Myths] [Systemic Racism] [Indigenous] [Policing] [History] [Economics] [White Culture] [White Supremacy] [Confederate Monuments]

How ‘Good White People’ Derail Racial Progress

by John Blake | August 2020
Angry White parents gripping picket signs. People making death threats and a piece of hate mail reading “Blacks destroy school systems.” Community panic about school desegregation orders. But this wasn’t archival footage of White Southerners from the 1960s. This took place last year in Howard County, Maryland, a suburban community that prides itself on racial integration. It was there that progressive White parents mobilized with other groups to try to stop a school integration plan that would bus poor students, who were mostly Black and brown, to more affluent, whiter schools.
TAGS: [Strategies] [2020’s] [White Supremacy] [Silencing POC] [Systemic Racism] [White Privilege] [Black Lives Matter] [White Culture] [Economics] [Accountability] [White Defensiveness] [White Blindness]

7 Ways We Know Systemic Racism Is Real

by Ben & Jerry’s | Month Unknown 2020
While Barack Obama’s presidency was indeed a profound and meaningful mark of true progress, racism, of course, never really went away. The presence of a black president, hockey starOpens a new window, or movie-franchise superheroOpens a new window, however welcome and exciting, cannot reverse centuries of racial injustice. In fact, racism is built right into every level of our society in ways that might surprise you. Includes a video from Demos “We Must Talk about Race to Fix Economic Inequality.”
TAGS: [Strategies] [2020’s] [Systemic Racism] [Tips-Dos/Don’ts] [Employment] [Economics] [Prison System] [Housing] [Policing] [Advocacy] [White Privilege] [White Supremacy] [Accountability] [Politics]

Five White Louisiana Judges Uphold Life Sentence of Black Man Jailed for Stealing Hedge Clippers 23 Years Ago

by Namrata Tripathi | August 2020
A man from Louisiana, who was sentenced to life in prison for stealing a pair of hedge clippers over 20 years ago, will continue to remain in prison after the state Supreme Court denied a request to review his case. Fair Wayne Bryant, a 62-year-old Black man, was convicted for stealing garden equipment in 1997, which landed him in prison for the rest of his life. Bryant, in 2000, had appealed his life sentence to be unconstitutionally excessive and his case had made its way up to the high court of the state. However, his hopes were dashed after a Louisiana Supreme Court panel, consisting of five White men and one Black woman, upheld his life sentence 5-1 last week. The only person to dissent was the Black judge on the panel, Supreme Court Justice Bernette Johnson.
TAGS: [Strategies] [2020’s] [Prison System] [Systemic Racism] [Silencing POC] [Accountability] [Policing] [Economics] [White Supremacy] [White Culture] [White Blindness]

Whitesplaining: The Conversation about White Progressive Liberal Racism That We Aren’t Having

by Shanta Lee Gander | August 2020
Whitesplaining, or white people explaining things to Black people, is a phenomenon. Many of us Black folx swap stories with our friends or with family members as we deconstruct these situations and the assumptions. In this current moment of interrogating the culture, I’ve been re-visiting these moments of whitesplaining in my own life as an extension of an insidious kind of racism that often goes unnoticed. It is the other part of the conversation about race that America needs to have. I’ve lived in Vermont for 10 years. Here, the white progressive racism is partly due to the narrative that Vermont banned adult slavery in its constitution in 1777. With closer examination of the research conducted by Dr. Harvey Amani Whitfield, one learns that this “fact” is full of inconsistencies. Vermont at the time was still an environment that allowed slave owners to place ads for runaway slaves.
TAGS: [Assumptions] [2020’s] [White Privilege] [White Blindness] [White Culture] [White Supremacy] [Definitions] [Individual Change] [History] [Slavery] [White Fragility/Tears] [Systemic Racism] [White Defensiveness] [Accountability]

The Wages of Woke, How Robin DiAngelo got Rich Peddling ‘White Fragility’

by Charles Fain Lehman | July 2020
Dr. Robin DiAngelo, the bestselling author of White Fragility, claims to believe in accountability. DiAngelo used to list the “racial justice” organizations she donates to as part of her extensive “accountability statement,” including a monthly “land rent” paid to the Native American tribe that used to occupy Seattle. But when the Washington Free Beacon began contacting the organizations she listed as recipients of her largesse, DiAngelo scrubbed the site, removing their names and the dates of her giving from the public domain—a version of the page remains available through the Internet Archive after briefly being unavailable due to what the site said were technical issues. The page was edited again as recently as Friday, when DiAngelo wrote she would begin donating 15 percent of her after-tax income, “in cash and in-kind donations,” starting next month—suggesting she had not previously, as the page exhorts, given a percentage of her income large enough that she could “feel it.” This about-face is odd for a woman who has made her career demanding white people not respond defensively in hard conversations.
TAGS: [Assumptions] [2020’s] [White Privilege] [White Fragility/Tears] [Accountability] [White Blindness] [Economics]

William Penn Kept Enslaved People. These are Some of Their Names. An Important Piece of Pennsylvania’s Founder’s Legacy.

by Michaela Winberg | August 2020
Penn, though a pacifist Quaker, kept several Black enslaved people during his time overseeing his colony — even as the practice grew increasingly unpopular among Pennsylvanians. The records that exist aren’t totally clear, but it seems as if Penn enslaved roughly 12 people at his Pennsbury Manor estate, which was located in what is now the Philly suburbs. These people were purchased off the first slave ship known to have arrived in Philadelphia, and were of African and Carribean descent.
TAGS: [Assumptions] [2020’s] [History] [Slavery] [Indigenous] [Quaker] [Systemic Racism] [Economics] [White Supremacy] [White Culture] [Denial] [Accountability]

How Decades of US Welfare Policies Lifted up the White Middle Class and Largely Excluded Black Americans

by Marguerite Ward | August 2020
Far more white people have benefited from US welfare programs over the years — reflecting their greater share of the population — while Black people and other people of color have been denied them in various ways, multiple historians and researchers tell Business Insider. The coronavirus pandemic has exposed the underbelly of American inequality in many ways, with people of color disproportionately likely to be laid off, to be on the financial brink, and to die from the virus. That has helped prompt a growing chorus of financiers, business leaders, and regular folks to call for a reimagining of American capitalism and for moves to end racial inequality. Some top economists are calling for a “New New Deal” specifically targeting inequality, a platform to which the Democratic presidential candidate Joe Biden seems open.
TAGS: [Assumptions] [2020’s] [Accountability] [Economics] [History] [Systemic Racism] [White Supremacy] [White Culture] [White Privilege] [Denial] [Employment] [Politics]

That Time White Slaveowners Got Reparations While Slaves Didn’t Get 40 Acres and a Mule

by William Spivey | December 2019
“It is time for us to simply realize that … when it comes to the economic gap between blacks and whites in America, it does come from a great injustice that has never been dealt with. If you did the math today, it would be trillion of dollars, and I believe that anything less than $100 billion is an insult”. Quote by Marianne Williamson on reparations.
TAGS: [Economics] [Reparations] [2010’s] [History] [Accountability] [Strategies]

Meet the New Generation of Black Climate Leaders

by Nexus Media | February 2019
Twenty-two experts and advocates talk about the struggle for racial justice in the face of rising temperatures. “Organizers and activists long relegated to the sidelines are gaining momentem – and political power – as they push for bold solutions to the greatest challenge of our time.”
TAGS: [2010’s] [Role Model] [Economics] [History] [Art & Culture] [Advocacy]
[Social Justice] [Environment] [Strategies]

Confronting White Supremacy in the Work Place

by Caroline Taiwo | Date 2010’s
Two years ago, I started work as a recruitment and retention specialist for a small Minnesota nonprofit. The organization’s mission was to serve youth in crisis and their matriculation rate was 90 percent poor Black kids. I was hired on to replace a woman they fired a month prior, a Black woman, for reasons unresolved. She had been telling people that she was pushed out for challenging racist policy. Our department had tripled the number of volunteers coming in for weekly shift rotations but incredibly, the entire pool was white. When I brought it up, and offered to lead an effort to all in more volunteers of color, the more outspoken of the bosses interjected with, “Well we could look for more Black volunteers but I don’t think they would pass our background check.”
TAGS: [Strategies] [2010’s] [White Supremacy] [Systemic Racism] [Silencing POC] [Accountability] [Employment] [Denial] [White Culture] [White Blindness] [Economics] [White Privilege] [White Defensiveness] [White Culture] [Assumptions] [Myths]

How Racism Has Shaped Welfare Policy in America Since 1935

by Alma Carten | September 2016
It is true that the data show the number of families receiving cash assistance fell from 12.3 million in 1996 to current levels of 4.1 million as reported by The New York Times. But it is also true that child poverty rates for black children remain stubbornly high in the U.S. My research indicates that this didn’t happen by chance. Findings reveal that U.S. welfare policies have, from their very inception, been discriminatory.
TAGS: [Racial Terrorism] [2010’s] [History] [Economics] [White Privilege] [White Supremacy] [Systemic Racism] [Employment] [Denial]

The Asset Value of Whiteness: Understanding the Racial Wealth Gap

by Amy Traub, Laura Sullivan, Tatjana Meschede, Thomas Shapiro | February 2017
Issues of racial inequity are increasingly at the forefront of America’s public debate. In addition to urgent concerns about racial bias in law enforcement and the criminal justice system, activists highlight deeply connected issues of economic exclusion and inequality. No metric more powerfully captures the persistence and growth of economic inequality along racial and ethnic lines than the racial wealth gap. According to data from the Survey of Consumer Finances, the median white household possessed $13 in net wealth for every dollar held by the median black household in 2013. That same year, median white households possessed $10 for each dollar held by the median Latino/a household.
TAGS: [Racial Terrorism] [2010’s] [Colorblindness] [Economics] [White Privilege] [Systemic Racism] [Myths] [Racial Covenants]