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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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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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