Economic Comparison of Black Americans vs. Other Major Ethnic Groups 1. Median Household Income Observation: Black households earn significantly less than White and Asian households, and slightly less than Hispanic households. 2. Wealth (Net Worth) Observation: Wealth disparity is even more dramatic than income disparity. Black families have around 1/8 the wealth of White families.Continue reading “Economic Snapshot?”
Tag Archives: racism
Why Group Economics Matters More than Ever…..
Dr. Claude Anderson’s book Black Labor, White Wealth tells a powerful story about how America built its foundation. The book explains that for hundreds of years, Black people provided the labor that helped create this country’s wealth, yet they received very little in return. When slavery ended, many people expected that freedom would open theContinue reading “Why Group Economics Matters More than Ever…..”
Community vs. Neighborhood
Community vs. Neighborhood A community is a collection of individuals who share similar cultural values and traditions and act upon those values in such a way that the collective good of all is influenced. By contrast, a neighborhood is an area that can be defined on a city map. This lecture is directed to peopleContinue reading “Community vs. Neighborhood”
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