People of Color Face Historic Wealth Loss

January 23, 2008

Original publication: Black Agenda Report

Date of publication: January 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.

Read the Black Agenda Radio commentary by Glen Ford.