The Color of Money

Black Banks and the Racial Wealth Gap

Business & Finance, Finance & Investing, Banks & Banking, Economics, Economic History, Nonfiction, History, Military
Cover of the book The Color of Money by Mehrsa Baradaran, Harvard University Press
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Author: Mehrsa Baradaran ISBN: 9780674982307
Publisher: Harvard University Press Publication: September 14, 2017
Imprint: Harvard University Press Language: English
Author: Mehrsa Baradaran
ISBN: 9780674982307
Publisher: Harvard University Press
Publication: September 14, 2017
Imprint: Harvard University Press
Language: English

In 1863 black communities owned less than 1 percent of total U.S. wealth. Today that number has barely budged. Mehrsa Baradaran pursues this wealth gap by focusing on black banks. She challenges the myth that black banking is the solution to the racial wealth gap and argues that black communities can never accumulate wealth in a segregated economy.

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In 1863 black communities owned less than 1 percent of total U.S. wealth. Today that number has barely budged. Mehrsa Baradaran pursues this wealth gap by focusing on black banks. She challenges the myth that black banking is the solution to the racial wealth gap and argues that black communities can never accumulate wealth in a segregated economy.

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