Race History and Changing the Money Game That Rigged

Throughout history, race has played a significant role in shaping the economic landscape, creating a system that has favored some and disadvantaged others. The intersection of race and money is a complex and multifaceted issue, with its roots deeply embedded in the legacy of slavery, colonialism, and systemic racism.

This article explores the historical context behind the rigged money game, examining how race has been used as a tool to perpetuate economic inequality. We will also discuss the ongoing efforts to change this system and create a more just and equitable economy.

How We Can Win: Race, History and Changing the Money Game That's Rigged

by Kimberly Jones

4.8 out of 5

Language	:	English
File size	:	1256 KB
Text-to-Speech	:	Enabled
Screen Reader	:	Supported
Enhanced typesetting	:	Enabled
X-Ray	:	Enabled
Word Wise	:	Enabled
Print length	:	182 pages

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The Historical Roots of Economic Inequality

The history of economic inequality in the United States is closely intertwined with the history of race. From the enslavement of Africans to the Jim Crow era and beyond, Black Americans have faced systemic barriers to economic success.

Slavery was the foundation of the American economy for centuries. Enslaved Africans were forced to work without pay, creating vast wealth for their owners. After the Civil War, Black Americans were denied access to land, capital, and education, making it difficult for them to build wealth.

In the 20th century, policies such as redlining and restrictive covenants prevented Black Americans from living in certain neighborhoods, which limited their access to good schools, jobs, and other opportunities.

The Impact of Racial Discrimination on Wealth

The legacy of racial discrimination has had a profound impact on the wealth gap between Black and white Americans. According to a study by the Brookings Institution, the median white family has a net worth of $171,000, while the median Black family has a net worth of just $17,150.

This wealth gap is due to a number of factors, including:

• Discrimination in housing and lending
• Lower wages for Black workers
• Lack of access to education and job training
• Mass incarceration and the criminalization of Black communities

Changing the Money Game

The rigged money game has had devastating consequences for Black Americans and other marginalized communities. However, there are growing movements to change this system and create a more just and equitable economy.

Some of the key strategies for changing the money game include:

• Ending racial discrimination in housing and lending
• Investing in education and job training programs for Black workers
• Raising the minimum wage and strengthening labor laws
• Expanding access to affordable healthcare and other essential services
• Reforming the criminal justice system and reducing mass incarceration

Changing the money game will not be easy, but it is essential for creating a more just and equitable society. By working together, we can break down the barriers that have held Black Americans back for centuries and create a system that works for everyone.

How We Can Win: Race, History and Changing the Money Game That's Rigged

by Kimberly Jones

4.8 out of 5

Language	:	English
File size	:	1256 KB
Text-to-Speech	:	Enabled
Screen Reader	:	Supported
Enhanced typesetting	:	Enabled
X-Ray	:	Enabled
Word Wise	:	Enabled
Print length	:	182 pages

FREE