11min chapter

The Gray Area with Sean Illing cover image

Sandy Darity has a plan to close the wealth gap

The Gray Area with Sean Illing

CHAPTER

Unpacking the Intergenerational Wealth Gap

The chapter explores the factors contributing to the racial wealth gap in the US, focusing on historical injustices and discriminatory government policies. It discusses how inheritance, both monetary and non-financial, plays a significant role in wealth accumulation and how family financial positions impact individuals' outcomes. The conversation also delves into the complexity of wealth transfers, highlighting the broader implications of economic security within families and questioning the drivers behind wealth disparities among different ethnic groups.

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