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The Story Behind the U.S. Racial Wealth Divide
New Press
June 2006
320 pages ISBN: 1595580042 Hardcover
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Non-Fiction
An eye-opening field guide to the wealth
gap.
For every dollar owned by the average white
family in the United States, the average family of color has
less than a dime. Why do people of color have so little
wealth? The Color of Wealth lays bare a dirty secret:
for centuries, people of color have been barred by laws and
by discrimination from participating in government
wealth-building programs that benefit white
Americans.
This accessible book�published in
conjunction with one of the country's leading economics
education organizations�makes the case that until government
policy tackles disparities in wealth, not just income, the
United States will never have racial or economic justice.
Written by five leading experts on the racial wealth
divide who recount the asset-building histories of Native
Americans, Latinos, African Americans, Asian Americans, and
European Americans, this book is a uniquely comprehensive
multicultural history of American wealth. With its focus on
public policies�how, for example, many post-World War II GI
Bill programs helped whites only�The Color of Wealth
is the first book to demonstrate the decisive influence of
government on Americans' net worth.
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