The Color of Money: Black Banks and the Racial Wealth Gap

The Color of Money is a groundbreaking book that sheds light on the persistent racial wealth gap in America.

Written by Mehrsa Baradaran, a renowned law professor, this book provides a comprehensive account of how black banks have been instrumental in perpetuating this gap.

Through an in-depth analysis of the mechanics of banking and historical sweep, Baradaran uncovers the brutal dilemma facing black banks - how to create black wealth in a segregated economy.

The book challenges the long-standing belief that black capitalism can ever hope to accumulate wealth in a segregated economy, and instead offers a powerful argument for why state law and public policy must be deployed to end the racial wealth gap.

With a rich narrative of racist plunder spanning from the Freedman's Bureau bank to today's payday lenders, The Color of Money is a must-read for anyone interested in closing America's racial wealth gap.