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The hidden cost of being African American : how wealth perpetuates inequality / Thomas M. Shapiro.
- Format:
- Book
- Author/Creator:
- Shapiro, Thomas M.
- Language:
- English
- Subjects (All):
- African Americans--Economic conditions.
- African Americans.
- African Americans--Social conditions--1975-.
- Wealth--United States.
- Wealth.
- Equality--United States.
- Equality.
- Racism--Economic aspects--United States.
- Racism.
- Interviews--United States.
- Interviews.
- United States--Economic conditions--1981-2001.
- United States.
- United States--Economic conditions--2001-2009.
- United States--Race relations--Economic aspects.
- Physical Description:
- 1 online resource (257 p.)
- Place of Publication:
- New York : Oxford University Press, 2004.
- Language Note:
- English
- Summary:
- Over the past three decades, racial prejudice in America has declined significantly and many African American families have seen a steady rise in employment and annual income. But alongside these encouraging signs, Thomas Shapiro argues in The Hidden Cost of Being African American, fundamental levels of racial inequality persist, particularly in the area of asset accumulation--inheritance, savings accounts, stocks, bonds, home equity, and other investments-. Shapiro reveals how the lack of these family assets along with continuing racial discrimination in crucial areas like homeownership drama
- Contents:
- Contents; Preface; Acknowledgments; Introduction: At the Assets Crossroads; PART I: ASSETS; 1 The Color of the Safety Net; 2 The Cost of Being Black and the Advantage of Being White; 3 Inheritance-"That Parent Thing"; PART II: MAKING RACIAL INEQUALITY; 4 Middle Class in Black and White: How Level Is the Playing Field?; 5 The Homeownership Crossroad; PART III: LEVERAGING ASSETS; 6 Where People "Choose" to Live; 7 "Getting a Decent Middle-Class American Education": Pursuing Advantage in Schools; Conclusion: Assets for Equality; Appendix I: Tables; Appendix II: Methodology; Notes; Bibliography
- IndexA; B; C; D; E; F; G; H; I; J; K; L; M; N; O; P; R; S; T; U; V; W; Y
- Notes:
- Description based upon print version of record.
- Includes bibliographical references (p. [223]-230) and index.
- ISBN:
- 0-19-983965-4
- 1-280-48235-4
- 0-19-803454-7
- 0-19-530323-7
- OCLC:
- 476107031
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