The Plunder of Black America How The Racial Wealth Gap Was M
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Engelsk
The long history of the racial wealth gap in America told through the stories of seven Black families who struggled to build wealth over multiple generations Wealth is central to the American pursui...
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Forlagsbeskrivelse af The Plunder Of Black America How The Racial Wealth Gap Was M af Calvin Schermerhorn
The long history of the racial wealth gap in America told through the stories of seven Black families who struggled to build wealth over multiple generations Wealth is central to the American pursuit of happiness and is an overriding measure of well-being. Yet wealth is conspicuously absent from African American households. Why do some 3.5 million Black American families have zero or negative wealth? Historian Calvin Schermerhorn traces four hundred years of Black dispossession and decapitalization—what Frederick Douglass called plunder—through the stories of families who have strived to earn and keep the fruits of their toils. Their struggles reveal that the ever-evolving strategies to strip Black income and wealth have been critical to sustaining a structure of racialized disadvantage. These accounts also tell of the quiet heroism of those who worked to overcome obstacles and defy the plunder. From the story of Anthony and Mary Johnson, abducted from Angola and brought to Virginia in 1619, to the enslaved Black workers dispossessed by the Custis-Washington family, to Venture Smith (born Broteer Furro), who purchased his freedom, to three generations of a family enslaved in the South who moved north after Emancipation, to the Tulsa massacre and the subprime lending crisis, Schermerhorn shows that we cannot reckon with today’s racial wealth inequality without understanding its unrelenting role in American history.
Detaljer
Forlag
Yale University Press
ISBN
9780300258950
Sprog
Engelsk
Sider
304
Udgivelsesdato
22-04-2025
Format
Hardback
Varenr.
3292335
EAN nr.
9780300258950
Varegruppe
Engelsk non fiction div.