‘Color of wealth’ study examines race, immigration status as factors in Chicago’s inequities – Chicago Sun-Times

Researchers from The Institute on Race, Power and Political Economy at The New School explained that wealth disparities are largely caused by public policy that historically excluded groups, particularly African Americans. Those policies include lack of access to home ownership, quality health care, predatory lending practices, limited access to education and jobs and lack of access to investment and retirement accounts.
10 Comments
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debtsor
2 years ago

So a socialist anti-racist professor conducts a study finding anti-racist socialism is the solution all of America’s ills. SHOCKING!

the doctor
2 years ago

Wow, I am dumber for reading that reported study.

Old Joe
2 years ago

The biggest cause of generational poverty is having children out of wedlock, single motherhood and fatherless homes.

debtsor
2 years ago
Reply to  Old Joe

If you take step back and actually look at what is going on, it all starts to make sense. There’s two things going on really, one we know about is that wealth begets wealth, well demonstrated by Piketty’s thesis, and common sense: the rich get richer. This we know. But there’s another even more significant thing going on, practically ignored by social scientists, because it is too painful to acknowledge. The US is undergoing a social experiment unlike anything our society or any civilization has ever seen. Throughout all of history, men and women had children and mated based on… Read more »

the doctor
2 years ago
Reply to  debtsor

While I am not a real doctor. I have seen this with the new class of doctors. In the old days a few male doctors would end marrying cute hospital worker, nurse, etc. Nowadays, more than a few male doctors marry female doctors. Go super babies

ProzacPlease
2 years ago
Reply to  debtsor

Charles Murray wrote a book about 25 years ago describing this sorting by class called Coming Apart. It predicted the divisions we see now, due to the more intellectually gifted meeting each other through attendance at the elite universities. That didn’t happen as much in the past, when marriage possibilities were confined mostly by geographic proximity. It’s an interesting read.

LMAO
2 years ago
Reply to  debtsor

Looking back on my many years of life your writing is absolutely true!

Admin
2 years ago
Reply to  Old Joe

Old Joe, that cannot be said often enough, but our fearless leaders won’t say it.

ProzacPlease
2 years ago
Reply to  Mark Glennon

Another point made in the book Coming Apart. The elites don’t preach what they practice. They know perfectly well where certain behaviors lead, and would never tolerate them in their own communities. But they condone and excuse that behavior in others.

David
2 years ago
Reply to  Old Joe

A little bit of faith in God significantly helps s well.

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