The “Ways & Means” podcast recently looked at slave reparations in an interview with reparations activist Duke University Professor Sandy Darity.
Wealth gap traces back to slavery
The wealth gap continues to grow. African Americans account for 13 percent of the national population but hold only 3 percent of national wealth and the reasons why go way back.
Darity argues the racial wealth gap can be traced to a series of policies that denied economic opportunity to African Americans and provided opportunities to many white Americans. “The idea is that wealth begets wealth — that wealth is something that is acquired cumulatively. And so you can either get on the path of accumulation or you can be on the path of decumulation,” he said.
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