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Black Wealth Archives - Institute of the Black World 21st Century

100 years after the Tulsa Race Massacre, lessons from my grandfather

By Editors' Choice

By Gregory B. Fairchild — When Viola Fletcher, 107, appeared before Congress in May 2021, she called for the nation to officially acknowledge the Tulsa race riot of 1921. I know that place and year well. As is the case with Fletcher – who is one of the last living survivors of the massacre, which took place when she was 7 – the terror of the Tulsa race riot is something that has been…

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A Tax Code Optimized for White Wealth Leaves Black Americans Behind

By Black Women Making History, You Should Know

By Ben Steverman — Dorothy Brown has spent her career as a law professor documenting racism in a tax system that’s supposedly colorblind. Growing up in the Bronx during the 1960s and ’70s, Dorothy Brown couldn’t escape racism. It was all around. Her father, James, a plumber, being barred from joining the local union. Her mother, Dottie, having to battle prejudiced teachers, including one who marked down Dorothy’s sister’s grades…

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An Overdue Debt — Why It’s Finally Time To Pay Reparations To Black Americans

Revisiting reparations: Is it time for the US to pay its debt for the legacy of slavery?

By Reparations

By Anne C. Bailey — Some 156 years after the end of the Civil War and the official abolition of slavery through the 13th Amendment, the idea of reparations is gaining currency in Washington. On March 1, Cedric Richmond, a senior adviser to President Joe Biden, suggested the White House could “start acting now” on the issue. The comment comes just weeks after a House committee chaired by Rep. Sheila Jackson Lee,…

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Obama Didn’t Close the Racial Wealth Divide. Can Biden?

By Commentaries/Opinions

Dr. King called moderation the “great stumbling block in the stride toward freedom.” Biden should heed that warning today. By Dedrick Asante-Muhammad Tyler Bond— Twelve years ago, the inauguration of America’s first Black president had many Americans believing that a future free of racial discrimination and inequality was finally within reach. This year, as Obama’s former vice president Joe Biden takes office amid a surge in far-right violence, it’s clear…

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Black Wealth Gap

The Black Wealth Gap

By Editors' Choice

Decades after the civil rights movement, African Americans still hold a fraction of the wealth of white Americans. Why? Here’s everything you need to know: By The Week — How big is the gap? It’s staggering. The net worth of a typical white family in 2016 — including home, retirement accounts, and all assets — was nearly 10 times greater than that of a Black family, at $171,000 to $17,600….

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Tulsa Organizations Announce Campaign to Memorialize Tulsa Race Massacre

Tulsa Organizations Announce Campaign to Memorialize Tulsa Race Massacre

By News & Current Affairs, Reparations

TULSA, Okla. — The Black Wall Street Memorial committee and Tulsa Community Remembrance Coalition are launching the “10,000 Brick Campaign” throughout May to build a memorial to Black Wall Street in honor of those lynched during the 1921 Race Massacre. Beginning May 1, the month-long campaign will allow individuals to personally take part in building this powerful space and to raise funds for these important organizations. Individuals are encouraged to purchase one of…

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Jeffrey S. Lowe, PhD

Overview of the Crisis of Gentrification in Black America

By Gentrification

Presentation by Jeffrey S. Lowe, PhD, Associate Professor, Department of Urban Planning and Environmental Policy, Texas Southern University for the Institute of the Black World 21st Century (IBW). National Emergency Summit on Gentrification Newark, New Jersey, April 4, 2019 Any overview concerned with gentrification that is causing crisis in Black America must begin with defining the process in a meaningful way and contextualizing the situation to particular times and sets…

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Pete Buttigieg

Buttigieg releases 18-page plan to help African Americans and “complement” HR40

By News & Current Affairs, Reparations

WASHINGTON (NBC News) — Working to prove himself to African American voters, Pete Buttigieg is releasing an 18-page plan Thursday to improve conditions and opportunity for black Americans on everything from the health care, education and criminal justice systems to entrepreneurship and access to credit. The wide-ranging plan constitutes Buttigieg’s initial version of a proposal for reparations for slavery. His campaign says it views it as a “complement” to H.R. 40, legislation working…

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One Way to Make Reparations Work

By Editors' Choice, Reparations

By Noah Smith, Bloomberg — The issue of reparations for African Americans is, of course, full of more moral and historical issues than one column, even by someone with much greater understanding and deeper knowledge than me, could ever resolve. But since the proposal is now being taken seriously, it’s worth thinking about the economics of how it could and should work. The idea of compensating the descendants of American…

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Buy Black and Bank Black: Movement in the US Gains International Attention

By Video/Audio

Atlanta, GA — The “Buy Black” movement draws the attention of a French news outlet. In this video you’ll hear from Killer Mike (Rapper, Activist), Dr. Boyce Watkins (Author, Economist), and Sharif Abdul Malik (Founder, WeBuyBlack) who withdraws money from Bank of America to deposit into a Black owned bank. This video was originally posted on France24.com, September 27, 2016 Also See:  Newark As Model City National Town Hall…

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