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BOOK SUMMARY :

The color of money black banks and the racial wealth gap mehrsa baradaran on amazoncom free shipping on qualifying offers 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 laterthe color of money pursues the persistence of this racial wealth gap by focusing on the generators of wealth in the black community black banks studying these institutions over time mehrsa baradaran challenges the myth that black communities could ever accumulate wealth in a segregated economy instead housing segregation racism and jim 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 studying these institutions over when the emancipation proclamation was signed in 1863 the black community owned less than one percent of the united states total wealtheditorial reviews in this important book law professor mehrsa baradaran uses the history of black banking from emancipation to the present as a vehicle for exploring the origins and persistence of the racial wealth gap in america

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