The Color of Money: Black Banks and the Racial Wealth Gap
(OverDrive MP3 Audiobook, OverDrive Listen)
Published:
Tantor Media, Inc. 2017
Status:
Available from OverDrive
Description
When the Emancipation Proclamation was signed in 1863, the black community owned less than one percent of the United States' total wealth. More than 150 years later, that number has barely budged. The Color of Money pursues the persistence of this racial wealth gap by focusing on the generators of wealth in the black community: black banks. The catch-22 of black banking is that the very institutions needed to help communities escape the deep poverty caused by discrimination and segregation inevitably became victims of that same poverty. Not only could black banks not "control the black dollar" due to the dynamics of bank depositing and lending but they drained black capital into white banks, leaving the black economy with the scraps. Mehrsa Baradaran challenges the long-standing notion that black banking and community self-help is the solution to the racial wealth gap. These initiatives have functioned as a potent political decoy to avoid more fundamental reforms and racial redress. Examining the fruits of past policies and the operation of banking in a segregated economy, she makes clear that only bolder, more realistic views of banking's relation to black communities will end the cycle of poverty and promote black wealth.
Formats
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More Details
Format:
OverDrive MP3 Audiobook, OverDrive Listen
Edition:
Unabridged
Street Date:
09/26/2017
Language:
English
ISBN:
9781541494855
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Citations
APA Citation (style guide)
Mehrsa Baradaran. (2017). The Color of Money: Black Banks and the Racial Wealth Gap. Unabridged Tantor Media, Inc.
Chicago / Turabian - Author Date Citation (style guide)Mehrsa Baradaran. 2017. The Color of Money: Black Banks and the Racial Wealth Gap. Tantor Media, Inc.
Chicago / Turabian - Humanities Citation (style guide)Mehrsa Baradaran, The Color of Money: Black Banks and the Racial Wealth Gap. Tantor Media, Inc, 2017.
MLA Citation (style guide)Mehrsa Baradaran. The Color of Money: Black Banks and the Racial Wealth Gap. Unabridged Tantor Media, Inc, 2017.
Note! Citation formats are based on standards as of July 2022. Citations contain only title, author, edition, publisher, and year published. Citations should be used as a guideline and should be double checked for accuracy.
Copy Details
| Library | Owned | Available |
|---|---|---|
| Shared Digital Collection | 4 | 4 |
Staff View
Grouped Work ID:
38533f61-424e-6b99-92ad-389a25aaa836
Needs Update?:
No
Date Added:
Mar 08, 2019 13:54:58
Date Updated:
Dec 09, 2020 01:00:51
Last Metadata Check:
Apr 28, 2024 12:32:32
Last Metadata Change:
Jun 05, 2023 09:58:45
Last Availability Check:
Apr 28, 2024 12:32:35
Last Availability Change:
Mar 18, 2024 16:08:57
Last Grouped Work Modification Time:
May 03, 2024 02:10:40
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