HomeLatest ThreadsGreatest ThreadsForums & GroupsMy SubscriptionsMy Posts
DU Home » Latest Threads » Forums & Groups » Topics » Activism » Socialist Progressives (Group) » Unjust Public Policies Dr...

Wed Mar 11, 2015, 08:03 PM

 

Unjust Public Policies Drive the Massive Racial Wealth Gap in America: Study

Published on Wednesday, March 11, 2015 on Common Dreams by Sarah Lazare, staff writer

From the re-segregation of schools to the redlining of home ownership, rise in disparities is no accident

The yawning racial wealth gap in the United States is no accident, but rather, driven by unjust public policy decisions—from the re-segregation of education to the redlining of home ownership to poverty wages, according to a new analysis by Brandeis University and the public policy organization Demos.

Inequalities are vast, note the researchers. For example, Census data shows that, in 2011, median white households in the U.S. held $111,146 in wealth, compared to a mere $7,113 for Black homes and $8,348 for Latino ones.

These disparities emerge from historical choices on the political and policy levels, the researchers note.

"The racial wealth gap is large because we instituted it in public policy historically and continue to make public policies that exacerbate the problems," said report coauthor Catherine Ruetschlin, a senior policy analyst at Demos, in a press statement. Therefore, it is vital "to find new opportunities to address the way that we’re constantly perpetuating this disparity between black, white and Latino families," Ruetschlin continued.

Researchers offer a series of solutions aimed at reversing these trends, from equalizing home ownership to racially integrating schools at all levels. In addition, the study calls for a significant boost to the minimum wage, as well as "making it easier for workers to form and join unions."

The researchers' focus on poverty pay echoes the growing call from low-wage workers for society to address the role of poverty wages in driving racial inequality.

"Black and Latino workers are disproportionately likely to be employed in positions that pay the minimum wage or just above and would benefit the most from an increase in the federal minimum wage," the report states.

The researchers continue, "With new research indicating that minimum wage increases have not reduced employment, a hike in the federal minimum wage from its current low rate of $7.25 would boost the incomes of many of the lowest paid Black and Latino workers and have the potential to decrease the racial wealth gap."

This work is licensed under a Creative Commons Attribution-Share Alike 3.0 License

2 replies, 1017 views

Reply to this thread

Back to top Alert abuse

Always highlight: 10 newest replies | Replies posted after I mark a forum
Replies to this discussion thread
Arrow 2 replies Author Time Post
Reply Unjust Public Policies Drive the Massive Racial Wealth Gap in America: Study (Original post)
antiquie Mar 2015 OP
99th_Monkey Mar 2015 #1
Starry Messenger Mar 2015 #2

Response to antiquie (Original post)

Wed Mar 11, 2015, 08:13 PM

1. Huge K&R ! nt

 

Reply to this post

Back to top Alert abuse Link here Permalink


Response to antiquie (Original post)

Wed Mar 11, 2015, 09:23 PM

2. k&r

Reply to this post

Back to top Alert abuse Link here Permalink

Reply to this thread