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The authors analyse wealth - total assets and debts rather than income alone - to uncover deep and persistent racial inequality in America, and show how public policies fail to redress this problem.
"A Black History Reader, Dr. Claud Anderson’s fifth book, was written to highlight and examine the ignored Social Construct on Race, its effects on Black Americans and strategies they can use to take advantage of its weakness. Using a Q&A format, Dr. Anderson focuses on the etiology of White racism imbedded within the Social Construct."--Publisher's website.
Black Hands, White House documents and appraises the role enslaved women and men played in building the US, both its physical and its fiscal infrastructure. The book highlights the material commodities produced by enslaved communities during the Transatlantic Slave Trade. These commodities--namely tobacco, rice, sugar, and cotton, among others--enriched European and US economies; contributed to the material and monetary wealth of the nation's founding fathers, other early European immigrants, and their descendants; and bolstered the wealth of present-day companies founded during the American slave era. Critical to this study are also examples of enslaved laborers' role in building Thomas Jefferson's Monticello and George Washington's Mount Vernon. Subsequently, their labor also constructed the nation's capital city, Federal City (later renamed Washington, DC), its seats of governance--the White House and US Capitol--and other federal sites and memorials. Given the enslaved community's contribution to the US, this work questions the absence of memorials on the National Mall that honor enslaved, Black-bodied people. Harrison argues that such monuments are necessary to redress the nation's historical disregard of Black people and America's role in their forced migration, violent subjugation, and free labor. The erection of monuments commissioned by the US government would publicly demonstrate the government's admission of the US's historical role in slavery and human-harm, and acknowledgment of the karmic debt owed to these first Black-bodied builders of America. Black Hands, White House appeals to those interested in exploring how nation-building and selective memory, American patriotism and hypocrisy, racial superiority and mythmaking are embedded in US origins and monuments, as well as in other memorials throughout the transatlantic European world. Such a study is necessary, as it adds significantly to the burgeoning and in-depth conversation on racial disparity, race relations, history-making, reparations, and monument erection and removal.
"PowerNomics is the action plan in a haunting trilogy. In this installment, Dr. Claud Anderson obliterates the myths and illusions of Black progress. He shows how racial monopolies and an endless line of self-proclaimed minorities will make Black Americans a permanent underclass in less than a decade. To stop this pending disaster, readers have a choice--the cure or the placebo." -- Back cover
Over the past three decades, racial prejudice in America has declined significantly and many African American families have seen a steady rise in employment and annual income. But alongside these encouraging signs, Thomas Shapiro argues in The Hidden Cost of Being African American, fundamental levels of racial inequality persist, particularly in the area of asset accumulation--inheritance, savings accounts, stocks, bonds, home equity, and other investments-. Shapiro reveals how the lack of these family assets along with continuing racial discrimination in crucial areas like homeownership dramatically impact the everyday lives of many black families, reversing gains earned in schools and on jobs, and perpetuating the cycle of poverty in which far too many find themselves trapped. Shapiro uses a combination of in-depth interviews with almost 200 families from Los Angeles, Boston, and St. Louis, and national survey data with 10,000 families to show how racial inequality is transmitted across generations. We see how those families with private wealth are able to move up from generation to generation, relocating to safer communities with better schools and passing along the accompanying advantages to their children. At the same time those without significant wealth remain trapped in communities that don't allow them to move up, no matter how hard they work. Shapiro challenges white middle class families to consider how the privileges that wealth brings not only improve their own chances but also hold back people who don't have them. This "wealthfare" is a legacy of inequality that, if unchanged, will project social injustice far into the future. Showing that over half of black families fall below the asset poverty line at the beginning of the new century, The Hidden Cost of Being African American will challenge all Americans to reconsider what must be done to end racial inequality.
“Read this book. It explains so much about the moment...Beautiful, heartbreaking work.” —Ta-Nehisi Coates “A deep accounting of how America got to a point where a median white family has 13 times more wealth than the median black family.” —The Atlantic “Extraordinary...Baradaran focuses on a part of the American story that’s often ignored: the way African Americans were locked out of the financial engines that create wealth in America.” —Ezra Klein When the Emancipation Proclamation was signed in 1863, the black community owned less than 1 percent of the total wealth in America. More than 150 years later, that number has barely budged. 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. But the catch-22 of black banking is that the very institutions needed to help communities escape the deep poverty caused by discrimination and segregation inevitably became victims of that same poverty. In this timely and eye-opening account, Baradaran challenges the long-standing belief that black communities could ever really hope to accumulate wealth in a segregated economy. “Black capitalism has not improved the economic lives of black people, and Baradaran deftly explains the reasons why.” —Los Angeles Review of Books “A must read for anyone interested in closing America’s racial wealth gap.” —Black Perspectives
Why does tuberculosis, a disease which is both curable and preventable, continue to produce over 50,000 new cases a year in South Africa, primarily among blacks? In answering this question Randall Packard traces the history of one of the most devastating diseases in twentieth-century Africa, against the background of the changing political and economic forces that have shaped South African society from the end of the nineteenth century to the present. These forces have generated a growing backlog of disease among black workers and their families and at the same time have prevented the development of effective public health measures for controlling it. Packard's rich and nuanced analysis is a significant contribution to the growing body of literature on South Africa's social history as well as to the history of medicine and the political economy of health.
“Ford’s overlap of past and present, narrative and commentary is masterful, and makes this volume all the more valuable to those readers wise enough to allow the past to inform the future. Of Blood and Sweat is a myth-busting work of genius that will stand as the last word on this vital subject for a long time to come.”—Elizabeth Dowling Taylor, New York Times bestselling author of A Slave in the White House and The Original Black Elite In this, provocative, timely, and painstakingly researched book, the award-winning author of Think Black tells the story of how Black labor helped to create and sustain the wealth of the white one percent throughout American history. Clyde W. Ford uses the lives of individual Black men and women as a lens to explore the role they have played in creating American institutions of power and wealth—in agriculture, politics, jurisprudence, law enforcement, culture, medicine, financial services, and many other fields—while not being allowed to fully participate or share in the rewards. Today, activists have taken the struggle for racial equity and justice to the streets. Of Blood and Sweat goes back through time to excavate the roots of this struggle, from pre-colonial Africa through post-Civil War America. As Ford reveals, in tracing the history of almost any major American institution of power and wealth you’ll find it was created by Black Americans, or created to control them. Painstakingly researched and documented, Of Blood and Sweat is a compelling look at the past that holds broad implications for present-day calls for racial equity, racial justice, and the abolishment of systemic racism, and offers invaluable insight into our understanding of Black history and the story of America.