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The Color of Wealth: The Story Behind the U.S. Racial Wealth Divide Paperback – June 1, 2006
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"Regardless of their points of origin, all American families engaged in vigorous bootstrap tugging, but with widely divergent results. This important book debunks wealth creation mythology. Read it!" —Bill Fletcher Jr., president, TransAfrica Forum
"Never mind the income gap. Measuring and explaining the wealth gap gets to the foundation of the power differences that exist in the United States. This book is an important contribution to critical work on race and economics." —Julianne Malveaux, author of Wall Street, Main Street and the Side Street
"Urgently confronts how race and class are entwined in the United States. Guided by a compelling vision of greater equality, this fine book combines clarity with learning both to instruct and to imagine a better future." —Ira Katznelson, author of When Affirmative Action Was White
About the Author
Bárbara Robles is an economist and a former member of the board of directors of United for a Fair Economy where, with Meizhu Lui, Betsy Leondar-Wright, Rose Brewer, and Rebecca Adamson, she co-authored The Color of Wealth: The Story Behind the U.S. Racial Wealth Divide (The New Press).
Betsy Leondar-Wright is an economic justice activist, sociologist, and author. She is currently the project director and senior trainer at Class Action, a non-profit that raises consciousness about class and money. She was previously the communications director at United for a Fair Economy where, with Meizhu Lui, Bárbara Robles, Rose Brewer, and Rebecca Adamson, she co-authored The Color of Wealth: The Story Behind the U.S. Racial Wealth Divide (The New Press).
Rose Brewer is a professor of African American and African studies at the University of Minnesota. She is a co-author (with Meizhu Lui, Bárbara Robles, Betsy Leondar-Wright, and Rebecca Adamson) of The Color of Wealth: The Story Behind the U.S. Racial Wealth Divide (The New Press).
Rebecca Adamson is a co-author (with Meizhu Lui, Bárbara Robles, Betsy Leondar-Wright, and Rose Brewer) of The Color of Wealth: The Story Behind the U.S. Racial Wealth Divide (The New Press). Color of Wealth was written when the authors were all affiliated with United for a Fair Economy, a national nonpartisan organization based in Boston that campaigns against growing income and wealth inequality and inspires action to reduce economic inequality.
Top Customer Reviews
Not coincidentally, the five women come from five different ethnic groups (including white), which allow them to compare their individual experiences and provide personal validation (and sometimes challenges) of their findings. Perhaps the most compelling fact unearthed is the substantial divide in net worth between blacks and whites. Previously, focus has been mostly on income disparity, which while significant, has been almost passively accepted. Specifically, median household income for whites in 2003 was about $48K, while for black households it was about $30K. However, looking on the balance sheet, the co-authors uncovered the revelatory fact that whites had a median net worth of $121K in 2001 versus just $19K for blacks.Read more ›
Most Recent Customer Reviews
Great documentation of how wealth in the US has been deliberately maldistributed for the last few hundred years. A good view of the history leading to lasting wealth disparities.Published 20 months ago by Rashnu
Amazing book! I read this as a recommendation given by Sue and Sue in "Counseling the Culturally Diverse". Read morePublished 20 months ago by Stephen D. Haefling
gives examples of how certain polices have given advantage to certain groups of people and how this history of racism has gotten us to this place todayPublished on August 9, 2013 by Melissa52
Great book to learn the other side of American History! Needs to be taught in school.Published on January 17, 2010 by Wanda L. Heise