The Color of Money: Black Banks and the Racial Wealth Gap by Mehrsa Baradaran
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In 1863 black communities owned less than 1 percent of total U.S. wealth. Today that number has barely budged. Mehrsa Baradaran pursues this wealth gap by focusing on black banks. She challenges the myth that black banking is the solution to the racial wealth gap and argues that black communities can never accumulate wealth in a segregated economy.
Hardcover. 384 pages.
History / Economics