2min chapter

The Gray Area with Sean Illing cover image

40 Acres: $14 trillion and no mules

The Gray Area with Sean Illing

CHAPTER

The Racial Wealth Gap and Its Elimination

It's the effects of slavery, legal segregation and massacres by white terrorists. It's a consequence of the twentieth century emphasis on home ownership that was applied discriminatorily under both the newdeal legislation and the g i bill. And when you talk about compensating black americans, are we talking about compensating them just for slavery? Ar we also talking about jim crow and specific acts of racial terror that could have happened in the 19 hundreds, for example? We're actually thinking about the full panoply of atrocities to create this kind of disparity between blacks and whites.

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