The Color of Wealth: The Story Behind the U. S. Racial Wealth Divide

The Color of Wealth: The Story Behind the U. S. Racial Wealth Divide

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by Meizhu Lui, Barbara Robles, Betsy Leondar-Wright, Rose Brewer
     
 

ISBN-10: 1595580042

ISBN-13: 9781595580047

Pub. Date: 03/15/2006

Publisher: New Press, The

For every dollar owned by the average white family in the United States, the average family of color has less than a dime. Why do people of color have so little wealth? The Color of Wealth lays bare a dirty secret: for centuries, people of color have been barred by laws and by discrimination from participating in government wealth-building programs that

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Overview

For every dollar owned by the average white family in the United States, the average family of color has less than a dime. Why do people of color have so little wealth? The Color of Wealth lays bare a dirty secret: for centuries, people of color have been barred by laws and by discrimination from participating in government wealth-building programs that benefit white Americans.

This accessible book—published in conjunction with one of the country’s leading economics education organizations—makes the case that until government policy tackles disparities in wealth, not just income, the United States will never have racial or economic justice.

Written by five leading experts on the racial wealth divide who recount the asset-building histories of Native Americans, Latinos, African Americans, Asian Americans, and European Americans, this book is a uniquely comprehensive multicultural history of American wealth. With its focus on public policies—how, for example, many post–World War II GI Bill programs helped whites only—The Color of Wealth is the first book to demonstrate the decisive influence of government on Americans’ net worth.

The authors are all part of United for a Fair Economy, a national nonpartisan organization based in Boston, Massachusetts, that campaigns against growing income—and wealth inequality and inspires action to reduce economic inequality.

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Product Details

ISBN-13:
9781595580047
Publisher:
New Press, The
Publication date:
03/15/2006
Pages:
326
Sales rank:
287,615
Product dimensions:
7.40(w) x 9.20(h) x 0.80(d)

Table of Contents

Ch. 1Overview : the roots of the racial wealth divide1
Ch. 2Land rich, dirt poor : challenges to asset building in Native America29
Ch. 3Forged in blood : black wealth injustice in the United States73
Ch. 4Neighbors and fences : Latinos in the United States131
Ch. 5The perils of being yellow : Asian Americans as perpetual foreigners177
Ch. 6Climbing the up escalator : white advantages in wealth accumulation225
Ch. 7Rainbow economics : closing the racial wealth divide267

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