In a country where policies blocking Black people from obtaining mortgages, land, and capital have created an immense wealth gap between Black and white Americans that persists to this day, inequality is a threat to our democracy, says Mehrsa Baradaran, professor of law and associate dean for equity, diversity and inclusion at University of California, Irvine, and the author of How the Other Half Banks and The Color of Money: Black Banks and the Racial Wealth Gap.
In this conversation, Baradaran discusses the historic roots of economic inequity, how white supremacy doomed attempts by Black banks to keep wealth within their communities, and why it’s critical for business leaders to “get educated and learn the history.”
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