12min chapter

The Gist cover image

Chronicling The Black-White Wealth Gap

The Gist

CHAPTER

Examining the Racial Wealth Gap

This chapter explores the widening wealth gap between Black and White Americans, revealing alarming statistics from the 2022 Survey of Consumer Finance. It discusses the historical and systemic factors that contribute to this disparity, as well as the impact of financial tools like bankruptcy on Black wealth. The conversation emphasizes the need for public awareness and understanding of the complexities surrounding wealth inequality and the effectiveness of current policies.

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