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The Next Big Idea Daily
"The Myth That Made Us How False Beliefs about Racism and Meritocracy Broke Our Economy (and How to Fix It)" by Jeff Fuhrer
Feb 1, 2024
12:12
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False narratives about post-racism and meritocracy condone economic disparities. Explore the role of race in the economy, effects of discrimination, impact of profit maximization on inequality and poverty.
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Quick takeaways
- False narratives about post-racism and meritocracy have condoned economic disparities based on race and affluence.
- The prevailing belief in a meritocracy conceals the issue of extremely low incomes and perpetuates structural inequalities.
Deep dives
Historical Disparities and Denial of Opportunities
Throughout history, America has provided ample opportunities for a subset of its residents, mostly white and affluent, while denying opportunities to others. This inequality is evident in the country's troubled history with black slaves and indigenous people. These disparities continue to persist, affecting millions of individuals, including lower-income white families. The choices made in determining who receives opportunities are deeply influenced by cultural and historical narratives.
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