Understanding and Correcting America’s Imbalances
The imbalance of power in America, including twelve generations of the literal bondage of slavery, has not yet been undone by the five generations of freedom since the Emancipation Proclamation in 1863. Laws written during the civil rights era 100 years later still fall short in halting discrimination in hiring, career advancement, and housing investment, the cornerstones of building wealth.
Race-based advantages and disadvantages have created a permanent upperclass, a permanent underclass—and a troubling, widening gap. The accumulated wealth of white families is 10 times higher than that of Hispanic families and 13 times higher than that of black families.*
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*Source, Institute for Policy Studies (2016), #ReversingInequality
*Book and banner photos by Marie Julliard