Sep 14, 2017 · The Color of Money pursues the persistence of this racial wealth gap by focusing on the generators of wealth in the black community: black banks. Studying these institutions over time, Mehrsa Baradaran challenges the myth that black communities could ever accumulate wealth in a segregated economy.

The fact is, that the Negro faces a literal depression all over the U.S.”¹ Today, across every socioeconomic level, blacks have significantly less wealth than whites.² Over a third of black families have either negative wealth or no assets at all.³ The 2008 financial crisis devoured more than half the wealth of the...

The Color of Money pursues the persistence of this racial wealth gap by focusing on the generators of wealth in the black community: black banks. Studying these institutions over time, Mehrsa Baradaran challenges the myth that black communities could ever accumulate wealth in a segregated economy.

The Color of Money . on black banks demonstrate that successful banking and wealth accumulation would remain perpetually elusive in a segregated economy. Housing segregation, racism, and Jim Crow credit poli-cies create an inescapable economic trap for black communities and their banks. Black banking has been an anemic response to

Sep 14, 2017 · 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...

Sep 14, 2017 · The Color of Money pursues the persistence of this racial wealth gap by focusing on the generators of wealth in the black community: black banks. Studying these institutions over time, Mehrsa Baradaran challenges the myth that black communities could ever accumulate wealth in a segregated economy.

Mar 11, 2019 · 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.

Baradaran provides a pivotal understanding of how our racialized history structured the disparity between the black and white share of the nation's wealth and how it continues to inhibit the development of black capital and black banks.

When the Emancipation Proclamation was signed in 1863, the black community owned less than one percent of the United States’ total wealth. More than 150 years later, that number has barely...

2 The Color of Money on black banks demonstrate that successful banking and wealth accumulation would remain perpetually elusive in a segregated economy. Housing segregation, racism, and Jim Crow credit poli-cies create an inescapable economic trap for black communities and their banks. Black banking has been an anemic response to