Customer Reviews

Black Wealth / White Wealth: A New Perspective on Racial Inequality

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The arguement that the past thirty years have resulted in a closing of the gap between whites and blacks seems untenable after reading this book. Using wealth instead of income as a measure of success and progress, Oliver and Shapiro argue that glaring inequalities still exist and may actually be growing. Moreover, since creating wealth is far more difficult when one has none to begin, the authors argue that such inequalities are sure to continue unless significant changes are made to the social safety net. These premises certainly call into question the notion of a vibrant black middle class.

Overall, I found the book to be scholarly, yet accessible to those who don't hold a Ph.D. in research methodology. The information was nicely balanced; the interviews complemented the extensive survey data and everything was clearly presented. My only complaint is that the statistical information was not presented in the appendix with the tables. This would have been useful and meaningful to academics reading the book. That being said, the thesis is a profound one, and for all those with an interest in social equity and social policy this is a must-read.

This was very well written and had an abundant series of examples to support the authors' main point--with references to government documents, tables, graphs. Oliver and Shapiro can be extremely repetitive in restating their thesis, but, overall, the book was very eye-opening and perhaps a little depressing.

You'd make it a point not invest the majority of your wealth in the home and car after reading this book.