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The Historical Reasons Behind U.S. Racial Wealth Gap.

The Historical Reasons Behind U.S. Racial Wealth Gap

By Reparations

By Catarina Saraiva, Bloomberg — The average White household in the U.S. today has amassed about seven times more wealth than the average Black household. The disparity widened in the half-century since the civil rights movement, despite a wave of laws protecting against racial discrimination at work, in housing and other economic realms. A wave of protests in U.S. cities last year provoked by police killings of Black citizens, including…

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Slaves on Edisto Island, South Carolina in 1862

Reparations would shake up American capitalism – and that’s a good thing

By Reparations

Paying compensation to the descendants of slaves would not just right a historic wrong, it would transform the US economy for the better. By Aaron White, openDemocracy — When I was a child, I used to visit my Viennese grandmother in the rent-controlled apartment on New York’s Upper West Side that she had been living in for nearly 50 years. I remember the intoxicating smells of sizzling schnitzel and her…

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