S34 E4: "The Sum of Us: What Racism Costs Everyone and How We Can Prosper Together" by Heather McGhee
Sep 28, 2023
15:18
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Heather McGhee discusses racism as the core dysfunction of our democracy and the economic impact it has in the US. She explores discriminatory practices during the New Deal-era, the racial economic divide, and introduces the concept of solidarity dividends.
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Quick takeaways
Racism in the US has created a zero-sum mindset that hinders beneficial policies and enables wealthy interests to set the rules.
Government investment in the public good has declined as civil rights demands for equal opportunities grew, leading to inequality and economic policies favoring the top 1%.
Deep dives
The Cost of Racism on American Society
The podcast explores how racism in the US has led to a zero-sum mindset that hinders the implementation of beneficial policies for all Americans. The racial division in communities has weakened collective action, enabling wealthy interests to set the rules. This zero-sum mentality was historically driven by the belief that progress for people of color would come at the expense of white people. Examining examples like the rejection of a union by workers at a Nissan auto factory and the closure of public swimming pools in Montgomery, Alabama, the podcast underscores how racial divisions have perpetuated economic inequalities.
The Decline of Government Investment in Public Good
The podcast highlights how government investment in the public good has declined over the years in the United States. Back in the mid-1960s, when white people formed the majority of the population, investments were made in public health, infrastructure, education, high minimum wages, and strong financial protections. However, as civil rights demands for equal opportunities grew and the white population decreased, policymakers reconsidered investments in the public good. This shift in mindset gave rise to an era of inequality and economic policies that favor the top 1% while leaving 40% of adults unable to meet their basic needs.
The Impact of Racism on Education and Healthcare
The podcast explores how racism has influenced access to education and healthcare in the United States. It highlights how public college support declined as the percentage of students of color increased, leading to rising tuition costs and student debt. The racial divide has also impeded the establishment of publicly financed universal healthcare, hindering progress towards better health outcomes. Racism in education and healthcare not only harms people of color but also hinders economic growth and well-being for all Americans. The podcast emphasizes the importance of collective action and solidarity to challenge racial divisions and work towards policies that benefit everyone.
Racism, says Heather McGhee in her award-winning book "The Sum of Us," is the common denominator of our most vexing public problems, the core dysfunction of our democracy, and constitutive of the spiritual and moral crises that grip us all. But how did this happen? And is there a way out?
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