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Jan 29, 2019 · Mehrsa Baradaran’s The Color of Money studies the role of financial structures in the American racial wealth gap. Noting that 60% of black Americans — relative to 20% of white Americans — are either unbanked or underbanked, Baradaran describes how depictions that attribute such inequality simplistically to racism ignore the colossal ...
Book review by Kristin Langen. Mehrsa Baradaran combines research on social movements, law and heterodox economics to explain in a clear, easily accessible and convincing manner the struggles Black banks face due to structural racial inequalities. The Color of Money is as much enriching for people without economic background as it is for academics.
Aug 23, 2017 · The Color of Money pursues the persistence of this racial wealth gap by focusing on the generators of wealth in the black community: black banks. Studying these institutions over time, Mehrsa Baradaran challenges the myth that black communities could ever accumulate wealth in a segregated economy.
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The Color of Money pursues the persistence of this racial wealth gap by focusing on the generators of wealth in the black community: black banks. Studying these institutions over time, Mehrsa Baradaran challenges the myth that black communities could ever accumulate wealth in a segregated economy.
As the United States re-examines its racial gaps, professor Mehrsa Baradaran’s bracing book explores America’s fraught history. She delves into the US government policies that discriminated against Black Americans and the reforms that promised much but delivered little.
Mar 7, 2019 · The book goes on to document the establishment of early black-managed banks to serve communities cut off by Jim Crow laws from full participation in the U.S. economy. Baradaran gives an insightful explanation of the causes of a weak black banking system.
In The Color of Money, Mehrsa Baradaran delves into the historical context of wealth disparities in the United States. She begins by highlighting the economic struggles faced by African Americans post-Civil War, despite their newfound freedom.
