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Established 2016
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  • The Color of Money: Black Banks and the Racial Wealth Gap by Mehrsa Baradaran

The Color of Money: Black Banks and the Racial Wealth Gap by Mehrsa Baradaran

SKU: 9780674237476
$17.95
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"When the Emancipation Proclamation was signed in 1863, the black community owned less than one percent of the United States' total wealth. More than one hundred and fifty years later, that number has barely budged. The Color of Money seeks to explain the stubborn persistence of this racial wealth gap by focusing on the generators of wealth in the black community: black banks. With the civil rights movement in full swing, President Nixon promoted "black capitalism," a plan to support black banks and minority-owned businesses. But the catch-22 of black banking is that the very institutions needed to help communities escape the deep poverty caused by discrimination and segregation inevitably became victims of that same poverty. In this timely and eye-opening account, Baradaran challenges the long-standing belief that black communities could ever really hope to accumulate wealth in a segregated economy"

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  • About
    • Meet the Staff
    • FAQ for Customers
    • Returns Policy
    • Newsletter Sign Up
    • Employment
    • Contact Us
  • Photo Gallery
  • Blog
    • Reviews
  • Southern Bestseller List
    • Foggy Pine Books Monthly Bestsellers
    • 2020 Bestseller List
    • 2020 Southern Book Prize Winners
  • Programs
    • Free Books for Boone >
      • FBFB Support
    • 2021 Reading Challenge
    • Book Clubs >
      • Fantasy & Science Fiction Book Club
      • Foggy Pine Book Club
    • Community Book Club Partnership
    • Loyalty & Discount Programs
    • For Authors >
      • Local Authors
      • Southern Authors
    • Used Books
    • Conference Room Rental
  • Events
  • Shop
    • Shop Our Shelves
    • Mystery Box
    • Found in the Fog Subscription Box
    • Audiobooks
    • Gift Cards
    • Reading Lists >
      • Antiracist Reading List
      • Queer Literature Reading List
      • Summer Reading
    • Donation & Tip Jar
    • Products