Faded Dreams: The Politics and Economics of Race in America

Faded Dreams paints a new and challenging picture of how racial inequality has evolved in America. Martin Carnoy shows that three dominant views of economic differences between blacks and whites--that blacks are individually responsible for not taking advantage of market opportunities, that the world economy has changed in ways that puts blacks at a tremendous disadvantage compared to whites, and that pervasive racism is holding blacks down--do not adequately explain why blacks made such la...