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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.
Jan 29, 2019 · The Color of Money: Black Banks and the Racial Wealth Gap. Mehrsa Baradaran. Harvard University Press. 2017. 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 ...
Sep 14, 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. Instead, housing segregation, racism, and Jim ...
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“Read this book. It explains so much about the moment…Beautiful, heartbreaking work.” —Ta-Nehisi CoatesWhen the Emancipation Proclamation was signed in 1863, the black community owned less than one percent of the United States’ total wealth. More than 150 years later, that number has barely budged. The Color of Money pursues the persistence of this racial wealth gap by focusing on ...
Mar 7, 2019 · Book review: The Color of Money. As explanations of the racial wealth gap and the persisting structural inequality of the U.S. economy, Dr. Mehrsa Baradaran’s 2017 book, The Color of Money: Black Banks and the Racial Wealth Gap, is the ideal shelf-mate to Richard Rothstein’s The Color of Law: A Forgotten History of How Our Government ...
Sep 14, 2017 · ― Robert E. Weems, Jr., American Historical Review “Anyone who manages money, invests in others’ livelihoods or lives in America should read The Color of Money …The book digs into financial institutions and policies that are responsible for creating and maintaining racial inequalities in the United States…The book breaks down the ...
7 – Good. A helpful and/or enlightening book that combines two or more noteworthy strengths, e.g. contains uncommonly novel ideas and presents them in an engaging manner. 6 – Notable. A helpful and/or enlightening book that stands out by at least one aspect, e.g. is particularly well structured. 5 – Solid.
