The Moguldom Nation

Written by Isheka N. Harrison

Duke professor and economist Dr. Sandy Darity’s research on wealth inequalities between racial groups has earned him respect as an expert on the subject. As leader of the university’s Samuel DuBois Cook Center for Social Equity, Darity’s new study focuses on the inequities which exist between those in the Black middle class and their white counterparts.

An outspoken advocate for reparations for Black Americans, Darity and his team conducted a study which highlighted a variety of distinctions between the Black and white middle classes in the U.S. It is titled “A Subaltern Middle Class: The Case of the Missing ‘Black Bourgeoisie’ in America.”

Fenaba Addo of the University of Wisconsin and Imari Smith, a doctoral student at Duke’s Sanford School of Public Policy, served as Darity’s co-authors, according to Duke.

Here are 10 takeaways from Dr. Sandy Darity’s latest research.

The Black middle class is smaller than the white middle class.

Darity and his team of researchers found that when using wealth as a “defining criteria to demarcate class status,” the amount of Black Americans who are actually in the middle class is smaller than the amount of white Americans with the status.

Read the full article here.