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

American Slave Statue

Why Reparations from 1619 to Now

By Commentaries/Opinions, Reparations

By Rev. Irene Monroe, LA Progressive — A year before the Mayflower arrived in 1620, the first group of enslaved Africans depicted as “20 and odd Negroes” arrived sometime during the final week of August to the Virginia colony of Jamestown. The fact that the exact date cannot be pinpointed assists in obfuscating the origins of slavery in the United States. What is incontrovertible is the fact that this month…

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Civil rights advocates carry placards during the March on Washington for Jobs and Freedom on August 28, 1963, in Washington

Truth and Reconciliation: Addressing Systematic Racism in the United States

By Commentaries/Opinions, Editors' Choice

By Danyelle Solomon — 2019 marks the 400th anniversary of Africans sold into bondage arriving on Virginia’s shores. It has been 156 years since the signing of the Emancipation Proclamation, 55 years since the end of Jim Crow, and 51 years since the civil rights movement. All of these moments in U.S. history represent crossroads—moments where the country made a choice or where people demanded that the words on the pages of the Constitution and the Bill of Rights became more than words; that policies and practices were equitably distributed among all people, not just a select few…

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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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We Need To Discuss The Racial Wealth Gap And Reparations

We Need To Discuss The Racial Wealth Gap And Reparations

By Commentaries/Opinions, HR 40 Congressional Hearing, Reparations

By Christian Weller — This article was originally published in Forbes on June 19, 2019. June 19th marks the anniversary of the abolition of slavery in Texas and a reminder that African-Americans should have the same rights and opportunities as whites. But the large racial wealth gap between African-Americans and whites is the starkest reminder that the country has yet to create equal opportunity for all. It reflects hundreds of…

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Alexandria Ocasio-Cortez

Ocasio-Cortez Slams The ‘Racial Injustice’ Of The Cannabis Business As White Men Profit

By News & Current Affairs, War on the “War on Drugs” Posts

The New York congresswoman suggests “affirmative-action licensing” to mitigate the “racial wealth gap” in areas that paid the price of the war on drugs. By Mary Papenfuss, HuffPost — Rep. Alexandria Ocasio-Cortez (D-N.Y.) earned praise from “drug justice” advocates after criticizing a growing marijuana legalization and business model that is paving the way for white male investors to reap major profits after minorities spent decades in prisons for selling pot….

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Sen. Cory Booker, left, and Sen. Kamala Harris listen during a Senate Judiciary Committee hearing in Washington, D.C., on Sept. 28, 2018

Beyond the Rising Tide: Reparations for Slavery Have to Be More Than a Symbol

By Commentaries/Opinions

By Briahna Gray, The Intercept  — WHEN HIP-HOP radio host Charlamagne tha God asked Sens. Cory Booker and Kamala Harris if they had a “specific agenda” for black Americans on his show, “The Breakfast Club,” earlier this month, it was clear that neither did. “I have a specific agenda for the American people,” started Booker. But for Charlamagne, and many other black Americans, a generalized American agenda isn’t a substitute for…

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Martin Luther King Jr. delivers his famed "I Have Dream" speech from the steps of the Lincoln Memorial, August 28, 1963.

600 Black Legislators Resolved to Push Policies for Economic Justice

By News & Current Affairs

On King Holiday Commemoration: 600 Black Legislators Resolved to Push Policies for Economic Justice. Resolution considered new win for Black Wealth 2020 By Hazel Trice Edney — It was three years ago that a group of national business leaders launched a movement called Black Wealth 2020 partially based on the economic vision articulated by Dr. Martin Luther King Jr. King said in his final speech on April 3, 1968: “It’s…

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Black child holding coins - Serede Jami / Eyeem / Getty Images

Black Americans’ Median Wealth Could Disappear in One Generation

By Editors' Choice

By Adam Hudson, Truthout — It’s no secret that, as the saying goes, “The rent is too damn high.”Across the nation, housing is becoming increasingly expensive for many Americans. But the story of the present-day housing crisis is not just a story of rising rents; it’s also a story of systemic racism. Today’s rising housing prices exacerbate the racial wealth gap in the US by making it more difficult for Black…

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AME Church Bishops pose with Black bankers and business leaders after announcing historic partnership.

AME Church and Black Banks Launch New Partnership for Black Wealth

By News & Current Affairs

By Hazel Trice Edney — (TriceEdneyWire.com) – The Black church, among the most prosperous institutions in America, has long led movements for the spiritual, social and civic uplift of Black people. When the Rev. Dr. Martin Luther King Jr. was assassinated on April 4, 1968, he had just launched the Poor People’s Movement, which quickly fizzled after his death. With this historic backdrop, the African Methodist Episcopal Church – with…

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