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The Color of Money: Black Banks and the Racial Wealth Gap
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The Color of Money: Black Banks and the Racial Wealth Gap
The Color of Money is a groundbreaking book that sheds light on the racial wealth gap in America, focusing on the generators of wealth within the black community - black banks.
The author, Mehrsa Baradaran, challenges the long-standing notion that black banking and community self-help are the solution to this persistent issue.
Through a detailed examination of past policies and the operation of banking in a segregated economy, Baradaran makes clear that bolder, more realistic views of banking's relation to black communities are necessary to end the cycle of poverty and promote black wealth.
This book is a must-read for anyone seeking to understand the systemic issues at play in the racial wealth gap and how to address them.
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