Being Black, Living in the Red Race, Wealth, and Social Policy in America

ISBN-10: 0520261305
ISBN-13: 9780520261303
Edition: 10th 2009 (Anniversary)
Authors: Dalton Conley
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Description: Being Black, Living in the Reddemonstrates that many differences between blacks and whites stem not from race but from economic inequalities that have accumulated over the course of American history. Property ownership--as measured by net  More...

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Book details

List price: $19.95
Edition: 10th
Copyright year: 2009
Publisher: University of California Press
Publication date: 1/5/2010
Binding: Paperback
Pages: 234
Size: 6.25" wide x 9.50" long x 0.50" tall
Weight: 0.748
Language: English

Being Black, Living in the Reddemonstrates that many differences between blacks and whites stem not from race but from economic inequalities that have accumulated over the course of American history. Property ownership--as measured by net worth--reflects this legacy of economic oppression. The racial discrepancy in wealth holdings leads to advantages for whites in the form of better schools, more desirable residences, higher wages, and more opportunities to save, invest, and thereby further their economic advantages. A new afterword by the author summarizes Conley's recent research on racial differences in wealth mobility and security and discusses potential policy solutions to the racial asset gap and America's low savings rate more generally.

Acknowledgments
Wealth Matters
Forty Acres and a Mule: Historical and Contemporary Obstacles to Black Property Accumulation
From Financial to Social to Human Capital: Assets and Education
Up the Down Escalator: Wealth, Work, and Wages
It Takes a Village? Premarital Childbearing and Welfare Dependency
Getting into the Black: Conclusions and Policy Implications
Afterword: Living in the Red, a Decade Later
Appendix
Notes
Index

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