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Wealth Gap

The Black Wall Street mural in Tulsa, Okla.

It’s time for wealthy donors to embrace reparations, not more charity

By Reparations

Philanthropy as usual isn’t enough to confront a racial wealth gap that’s exploding during the pandemic. By Edgar Villanueva & Chuck Collins, Market Watch — As the coronavirus rages and the economic fallout continues, the wealth gap between our country’s largely white top 1% and the Black and brown communities bearing the brunt of the pandemic has never been more exposed. U.S. billionaires have increased their wealth by nearly $1 trillion during…

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Bill Clinton golfing with his wealthy friends on August 5, 2000, in Martha's Vineyard, MA.

The Racial Wealth Gap Is About the Upper Classes

By Commentaries/Opinions

By Matt Bruenig, Jacobin — In light of the recent resurgence of Black Lives Matter protests, there has been renewed discussion of the racial wealth gap and how to close it (Nikole Hannah-Jones, Annie Lowrey). I have written on this topic many times in the past (I, II, III, IV). One thing I have tried to emphasize over the years, which I will do again here in a different way, is that due to…

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