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Economic Inequality Archives - Institute of the Black World 21st Century

Amazon CEO Jeff Bezos

IRS records show wealthiest Americans, including Bezos and Musk, paid little in income taxes as share of wealth, report says

By Commentaries/Opinions

ProPublica obtains tax data on richest Americans, which could send Washington scrambling. By Todd C. Frankel and Douglas MacMillan — The wealthiest Americans – including Warren Buffett, Elon Musk and Jeff Bezos – paid little in federal income taxes at times in recent years despite soaring fortunes, according to Internal Revenue Service data obtained by ProPublica. The release of the records sent shock waves through Washington, with the federal government…

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Pittsburgh PA City Council Hearing on Black Displacement

By Gentrification, News & Current Affairs

Black Displacement Hearing – City Council Public Hearing The Pittsburgh Justice Coalition (PJC) is a group of organizations and individuals who are opposed to the misguided and ill-fated War on Drugs. June 17 will mark 50 years since President Nixon declared the War on Drugs which from the start was a War on Us, Black people. We are here today to call attention to and protest a continuing crime against…

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What Reparations for Slavery Might Look Like in 2019

A program about reparations and why now?

By Reparations

By Patricia Yosha— Race Matters. At the beginning of 2020, the Social Justice Committee of the First Unitarian Universalist Society of Exeter (FUUSE) sponsored two community discussions on racial issues and local racial history. Shortly after, the coronavirus pandemic took over, destroying lives inequitably among Black and brown people. Adding to that pain, police killings of Black people inspired demonstrations of racial reckoning all over the country. As we look…

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The Black-white wealth gap left Black households more vulnerable

By Commentaries/Opinions

By Emily Moss, Kriston McIntosh, Wendy Edelberg, and Kristen E. Broady— The COVID-19 pandemic has inflicted devastating effects on the U.S. economy, with job losses  especially concentrated among women, minorities, and low-wage workers. Economists have described the uneven and unequal economic recovery from the COVID-19 recession as a “K-shaped” recovery, characterized by divergent recovery trajectories for the affluent relative to those of less means. While considerable attention has been devoted to examining the…

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Mayor pro tem and North Ward Council Member D.D. Adams says the time is right for Winston-Salem to move forward on reparations

Reparations for Black residents should be on city agenda, says Winston-Salem’s mayor pro tem

By Reparations

By Wesley Young, Winston-Salem Journal — Mayor pro tem and North Ward Council Member D.D. Adams says the time is right for Winston-Salem to move forward on reparations for its Black citizens for slavery, years of Jim Crow and other racial inequities. Adams brought forward the idea in this month’s meeting of a committee she chairs on the Winston-Salem City Council. Adams says she knows it is a controversial concept….

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free men, women, and children in Richmond, Va., 1865

Calling on white Americans: Reparations for slavery are due

By Editors' Choice, Reparations

The legacy of slavery is far from resolved. It persists every day and everywhere. By David Gardinier and Karen Hilfman, The Boston Globe — Since the killing of George Floyd in Minneapolis by a white police officer, and the resounding anti-racist uprisings around the world, the concept of reparations has picked up momentum in national conversations and has sparked new public curiosity and interest. Among Black people and their ancestors,…

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Money

Reparations as Racially Progressive Economics

By Commentaries/Opinions, Reparations

By Ajamu Brown — The international outcry over police brutality and racial injustice towards Black Americans have amplified a myriad of underlying issues, from the lingering effects of slavery and Jim Crow laws to modern mass-incarceration and high unemployment. The severity of the financial impact on the entire nation is still unknown. But with each economic shock millions of workers of color, particularly Black people, will have little bargaining power…

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Five generations of a slave family.

American slavery: Separating fact from myth

By Reparations

By Daina Ramey Berry — People think they know everything about slavery in the United States, but they don’t. They think the majority of African slaves came to the American colonies, but they didn’t. They talk about 400 years of slavery, but it wasn’t. They claim all Southerners owned slaves, but they didn’t. Some argue it was all a long time ago, but it wasn’t. Slavery has been in the…

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88th Annual Meeting of the United States Conference of Mayors — Resolution In Support of #HR40

By Reparations

88th Annual Meeting of the United States Conference of Mayors Resolution In Support of the Commission to Study and Develop Reparation Proposals for African Americans Act (H.R 40/S. 1083) WHEREAS, Congress finds that four million Africans and their descendants were brought to this land and enslaved in the American colonies beginning in 1619, and slavery was an institution that was statutorily upheld by the federal government of the United States…

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A woman takes part in a rally to mark Juneteenth on June 19 in San Francisco.

Reparations need to be part of the conversation about racial justice

By Reparations

Police violence sparked an uprising, but racial equality demands economic reforms as well. By Nichole Nelson, The Washington Post — Over the past month, protests across the country, and even the world, have erupted in response to the death of George Floyd by white Minneapolis police officer Derek Chauvin. While the protests have focused on police violence, the issues of racism are deeply rooted and multifaceted. In fact, addressing police…

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People walk by a bus with a mural of US abolitionist and former slave Harriet Tubman on it

Reparations Now: A White Man’s Appeal For America To Pay What Is Due

By Reparations

By Seth Cohen, Forbes — Beginning 400 years ago, and for more than 250 years of our nation’s history, slaves built the United States into one of the wealthiest countries on the planet. As a result, America owes an unconscionable and unforgivable debt to the ancestors of those slaves. Yet now, as the country is challenged to confront both the violent legacy of slavery and the dehumanizing tradition of systemic…

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