Black asset poverty and the enduring racial divide / Lori Latrice Martin.

Format:

Book

Author/Creator:

Martin, Lori Latrice.

Language:

English

Subjects (All):

Poverty--United States.

Poverty.

Poverty--Government policy.

United States.

African Americans--Economic conditions.

African Americans.

Wealth--United States.

Wealth.

Poverty--Government policy--United States.

Income distribution--United States.

Income distribution.

Equality--United States.

Equality.

Physical Description:

xi, 239 pages ; 24 cm

Place of Publication:

Boulder, Colo. : FirstForumPress, 2013.

Summary:

Martin (Africana studies, CUNY John Jay College of Criminal Justice) presents a comprehensive overview of the historical, sociological, political, geographical, and economic factors affecting wealth inequality among blacks and between races. In particular, she focuses on asset wealth and the over-representation of blacks among the asset poor. She argues that we do not live in a post-racial society and that racial inequality is perhaps greater than ever. She goes back as far as the antebellum period, but focuses on New York City geographically. She reviews the literature on asset poverty and wealth inequality in general and addresses what she finds lacking or inaccurate. She considers only blacks descended from the Caribbean and Africa, but to this end interrogates the idea that black migrants have a better shot than natives. She concludes with a discussion of methodological, policy and theoretical implications and suggestions for more research. FirstForum is an imprint of Lynne Rienner Publishers. Annotation ©2013 Book News, Inc., Portland, OR (booknews.com)

Contents:

Exploring asset poverty

Economic inequality in a postracial society

Historical perspectives

The splintering of Black America

U.S. recession, Black depression

Transcendent elites losing ground

Mainstream middle-class missing in action

The myth of the Black immigrant advantage

Income rich, asset poor

Toward a radical reconstruction.

Notes:

Includes bibliographical references and index.

ISBN:

1935049534

9781935049531

OCLC:

813567988

Publisher Number:

99952164030