People of Color Face Historic Wealth Loss
The wealth gap between African American and white median households cannot but grow bigger in the wake of the subprime lending catastrophe. A Black Agenda Radio commentary by Glen Ford.
Posted inOriginal publication: Black Agenda Report
Date of publication: 01/23/2008
The core institutions of American capitalism have condemned Black and Brown America to further centuries of wealth disparity. Now standing at about ten-to-one, the wealth gap between African American and white median households cannot but grow bigger in the wake of the subprime lending catastrophe.