Podcasts about racial wealth gap

Dr. J Calvin Schermerhorn is a professor of history in the School of Historical, Philosophical, and Religious Studies at Arizona State University. His books include The Business of Slavery and the Rise of American Capitalism, 1815–1860, and Unrequited Toil: A History of United States Slavery. He lives in Tempe, AZ. The long history of the racial wealth gap in America told through the stories of seven Black families who struggled to build wealth over multiple generationsWealth is central to the American pursuit of happiness and is an overriding measure of well-being. Yet wealth is conspicuously absent from African American households. Why do some 3.5 million Black American families have zero or negative wealth?In The Plunder of Black America: How the Racial Wealth Gap Was Made (Yale UP, 2025) historian Calvin Schermerhorn traces four hundred years of Black dispossession and decapitalization—what Frederick Douglass called plunder—through the stories of families who have strived to earn and keep the fruits of their toils. Their struggles reveal that the ever-evolving strategies to strip Black income and wealth have been critical to sustaining a structure of racialized disadvantage. These accounts also tell of the quiet heroism of those who worked to overcome obstacles and defy the plunder.From the story of Anthony and Mary Johnson, abducted from Angola and brought to Virginia in 1619, to the enslaved Black workers dispossessed by the Custis-Washington family, to Venture Smith (born Broteer Furro), who purchased his freedom, to three generations of a family enslaved in the South who moved north after Emancipation, to the Tulsa massacre and the subprime lending crisis, Schermerhorn shows that we cannot reckon with today's racial wealth inequality without understanding its unrelenting role in American history. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/african-american-studies

Dr. J Calvin Schermerhorn is a professor of history in the School of Historical, Philosophical, and Religious Studies at Arizona State University. His books include The Business of Slavery and the Rise of American Capitalism, 1815–1860, and Unrequited Toil: A History of United States Slavery. He lives in Tempe, AZ. The long history of the racial wealth gap in America told through the stories of seven Black families who struggled to build wealth over multiple generationsWealth is central to the American pursuit of happiness and is an overriding measure of well-being. Yet wealth is conspicuously absent from African American households. Why do some 3.5 million Black American families have zero or negative wealth?In The Plunder of Black America: How the Racial Wealth Gap Was Made (Yale UP, 2025) historian Calvin Schermerhorn traces four hundred years of Black dispossession and decapitalization—what Frederick Douglass called plunder—through the stories of families who have strived to earn and keep the fruits of their toils. Their struggles reveal that the ever-evolving strategies to strip Black income and wealth have been critical to sustaining a structure of racialized disadvantage. These accounts also tell of the quiet heroism of those who worked to overcome obstacles and defy the plunder.From the story of Anthony and Mary Johnson, abducted from Angola and brought to Virginia in 1619, to the enslaved Black workers dispossessed by the Custis-Washington family, to Venture Smith (born Broteer Furro), who purchased his freedom, to three generations of a family enslaved in the South who moved north after Emancipation, to the Tulsa massacre and the subprime lending crisis, Schermerhorn shows that we cannot reckon with today's racial wealth inequality without understanding its unrelenting role in American history. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/new-books-network

Dr. J Calvin Schermerhorn is a professor of history in the School of Historical, Philosophical, and Religious Studies at Arizona State University. His books include The Business of Slavery and the Rise of American Capitalism, 1815–1860, and Unrequited Toil: A History of United States Slavery. He lives in Tempe, AZ. The long history of the racial wealth gap in America told through the stories of seven Black families who struggled to build wealth over multiple generationsWealth is central to the American pursuit of happiness and is an overriding measure of well-being. Yet wealth is conspicuously absent from African American households. Why do some 3.5 million Black American families have zero or negative wealth?In The Plunder of Black America: How the Racial Wealth Gap Was Made (Yale UP, 2025) historian Calvin Schermerhorn traces four hundred years of Black dispossession and decapitalization—what Frederick Douglass called plunder—through the stories of families who have strived to earn and keep the fruits of their toils. Their struggles reveal that the ever-evolving strategies to strip Black income and wealth have been critical to sustaining a structure of racialized disadvantage. These accounts also tell of the quiet heroism of those who worked to overcome obstacles and defy the plunder.From the story of Anthony and Mary Johnson, abducted from Angola and brought to Virginia in 1619, to the enslaved Black workers dispossessed by the Custis-Washington family, to Venture Smith (born Broteer Furro), who purchased his freedom, to three generations of a family enslaved in the South who moved north after Emancipation, to the Tulsa massacre and the subprime lending crisis, Schermerhorn shows that we cannot reckon with today's racial wealth inequality without understanding its unrelenting role in American history. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/history

Dr. J Calvin Schermerhorn is a professor of history in the School of Historical, Philosophical, and Religious Studies at Arizona State University. His books include The Business of Slavery and the Rise of American Capitalism, 1815–1860, and Unrequited Toil: A History of United States Slavery. He lives in Tempe, AZ. The long history of the racial wealth gap in America told through the stories of seven Black families who struggled to build wealth over multiple generationsWealth is central to the American pursuit of happiness and is an overriding measure of well-being. Yet wealth is conspicuously absent from African American households. Why do some 3.5 million Black American families have zero or negative wealth?In The Plunder of Black America: How the Racial Wealth Gap Was Made (Yale UP, 2025) historian Calvin Schermerhorn traces four hundred years of Black dispossession and decapitalization—what Frederick Douglass called plunder—through the stories of families who have strived to earn and keep the fruits of their toils. Their struggles reveal that the ever-evolving strategies to strip Black income and wealth have been critical to sustaining a structure of racialized disadvantage. These accounts also tell of the quiet heroism of those who worked to overcome obstacles and defy the plunder.From the story of Anthony and Mary Johnson, abducted from Angola and brought to Virginia in 1619, to the enslaved Black workers dispossessed by the Custis-Washington family, to Venture Smith (born Broteer Furro), who purchased his freedom, to three generations of a family enslaved in the South who moved north after Emancipation, to the Tulsa massacre and the subprime lending crisis, Schermerhorn shows that we cannot reckon with today's racial wealth inequality without understanding its unrelenting role in American history. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/american-studies

Dr. J Calvin Schermerhorn is a professor of history in the School of Historical, Philosophical, and Religious Studies at Arizona State University. His books include The Business of Slavery and the Rise of American Capitalism, 1815–1860, and Unrequited Toil: A History of United States Slavery. He lives in Tempe, AZ. The long history of the racial wealth gap in America told through the stories of seven Black families who struggled to build wealth over multiple generationsWealth is central to the American pursuit of happiness and is an overriding measure of well-being. Yet wealth is conspicuously absent from African American households. Why do some 3.5 million Black American families have zero or negative wealth?In The Plunder of Black America: How the Racial Wealth Gap Was Made (Yale UP, 2025) historian Calvin Schermerhorn traces four hundred years of Black dispossession and decapitalization—what Frederick Douglass called plunder—through the stories of families who have strived to earn and keep the fruits of their toils. Their struggles reveal that the ever-evolving strategies to strip Black income and wealth have been critical to sustaining a structure of racialized disadvantage. These accounts also tell of the quiet heroism of those who worked to overcome obstacles and defy the plunder.From the story of Anthony and Mary Johnson, abducted from Angola and brought to Virginia in 1619, to the enslaved Black workers dispossessed by the Custis-Washington family, to Venture Smith (born Broteer Furro), who purchased his freedom, to three generations of a family enslaved in the South who moved north after Emancipation, to the Tulsa massacre and the subprime lending crisis, Schermerhorn shows that we cannot reckon with today's racial wealth inequality without understanding its unrelenting role in American history. Learn more about your ad choices. Visit megaphone.fm/adchoices

Dr. J Calvin Schermerhorn is a professor of history in the School of Historical, Philosophical, and Religious Studies at Arizona State University. His books include The Business of Slavery and the Rise of American Capitalism, 1815–1860, and Unrequited Toil: A History of United States Slavery. He lives in Tempe, AZ. The long history of the racial wealth gap in America told through the stories of seven Black families who struggled to build wealth over multiple generationsWealth is central to the American pursuit of happiness and is an overriding measure of well-being. Yet wealth is conspicuously absent from African American households. Why do some 3.5 million Black American families have zero or negative wealth?In The Plunder of Black America: How the Racial Wealth Gap Was Made (Yale UP, 2025) historian Calvin Schermerhorn traces four hundred years of Black dispossession and decapitalization—what Frederick Douglass called plunder—through the stories of families who have strived to earn and keep the fruits of their toils. Their struggles reveal that the ever-evolving strategies to strip Black income and wealth have been critical to sustaining a structure of racialized disadvantage. These accounts also tell of the quiet heroism of those who worked to overcome obstacles and defy the plunder.From the story of Anthony and Mary Johnson, abducted from Angola and brought to Virginia in 1619, to the enslaved Black workers dispossessed by the Custis-Washington family, to Venture Smith (born Broteer Furro), who purchased his freedom, to three generations of a family enslaved in the South who moved north after Emancipation, to the Tulsa massacre and the subprime lending crisis, Schermerhorn shows that we cannot reckon with today's racial wealth inequality without understanding its unrelenting role in American history. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/finance

Dr. Andre Perry brings a revolutionary approach to understanding Black economic power through his groundbreaking research at the Brookings Institution. Sharing his personal journey from being raised by a neighbor in Wilkinsburg, Pennsylvania, to becoming a Senior Fellow at America's preeminent think tank, Perry offers a masterclass in how data can illuminate pathways to Black community thriving.The conversation centers around Perry's innovative Black Progress Index, which uses sophisticated machine learning algorithms to identify the factors that most significantly impact life expectancy in Black communities nationwide. What makes this approach revolutionary is Perry's deliberate choice to measure Black communities against other Black communities—not white ones—revealing "Black Blue Zones" where life expectancy exceeds statistical predictions.Perry's definition of power as "the ability to live your full life" cuts through symbolic victories to focus on tangible factors that extend and improve Black lives: homeownership, income levels, business ownership, and community composition. His research demonstrates that thriving Black communities exist across diverse political landscapes, challenging assumptions about where and how Black success can flourish.Perhaps most provocatively, Perry dismantles popular discourse around Black relationships by showing how structural factors shape personal outcomes. "Healthy communities build healthy relationships," he argues, redirecting energy from gender-based blame toward addressing systems that extract wealth and opportunity. His approach to reparations similarly focuses on practical, local-level initiatives, particularly around environmental justice issues where causation and harm are clearest.Throughout our discussion, Perry weaves together rigorous statistical analysis with cultural touchpoints and historical context, creating a compelling roadmap for Black community development. Rather than accepting DEI initiatives as end goals, he pushes for mainstream resource access and institutional reform. This conversation offers essential insights for anyone committed to understanding and advancing Black economic power in America today.Support the showhttps://www.patreon.com/c/EA_BookClub

After a Minneapolis police officer murdered George Floyd, calls for justice were loud and urgent. Some community leaders began asking: How do we make real, lasting change — especially when it comes to racial and economic justice? That question sparked the creation of the Groundbreak Coalition — a multibillion-dollar effort to close the racial wealth gap by rethinking how we invest in homes, businesses, and communities. Listen to a conversation moderated by MPR News host Angela Davis about how a moment of crisis inspired a long-term strategy to build Black wealth — and why economic justice is essential to racial justice. The discussion was recorded at a national conference in Minneapolis organized by the Council on Foundations.Panelists:Tonya Allen is president of the McKnight Foundation whose leadership has helped shape a philanthropic vision rooted in equity and systemic change. She is also the chair of the Groundbreak Coalition. R.T. Rybak is the CEO of the Minneapolis Foundation and former mayor of Minneapolis. David Mortenson is the chairman of M.A. Mortenson Company — one of the nation's leading construction and real estate development firms. He also serves on the board of directors for the Mortenson Family Foundation. Subscribe to the MPR News with Angela Davis podcast on: Apple Podcasts, Spotify or RSS.     Use the audio player above to listen to the full conversation.     

What would it look like to come to this country with one suitcase in hand to achieve the American dream? It might include the opportunity to serve as a corporate leader at Dell, to be sworn in at the White House to serve on the United States Investment Advisory Council, and to receive numerous accolades, including “Twenty-Five Influential Women in Business” by MEA Magazine; “America's Top Diversity Advocate” by DiversityBusiness.com; and “Best of the Decade” by Minority Business USA.What if you realized your American dream and then realized millions of others had not? Would you be satisfied or get back to work?In this classic episode of Logistics with Purpose®, Enrique Alvarez and Maureen Woolshlager are joined by Ying McGuire, CEO & President of the National Minority Supplier Development Council (NMSDC), to talk about how her achievement of the American dream is now driving her to help systematically excluded communities of color do the same.Additional Links & Resources:Learn more about NMSDC: www.nmsdc.orgLearn more about Logistics with Purpose: https://supplychainnow.com/program/logistics-with-purposeLearn more about Vector Global Logistics: https://vectorgl.com/Subscribe to Logistics with Purpose: https://logistics-with-purpose.captivate.fm/listenThis episode was hosted by Enrique Alvarez and Maureen Woolshlager. For additional information, please visit our dedicated show page at: http://supplychainnow.com/logistics-purpose-classic-renewed-american-drema-closing-racial-wealth-dap-lwp133

The salient point of this podcast episode revolves around the imperative need to bridge the racial wealth gap through innovative strategies, education, and legacy building. I am joined by Che' and Brea Davis, a dynamic husband-and-wife team dedicated to empowering families with the requisite tools, knowledge, and confidence to build generational wealth. Shay, the Legacy Chief, introduces a novel approach that integrates culture, technology, and finance, manifesting in wearable technology that narrates the stories of cultural icons while simultaneously providing access to financial instruments that facilitate wealth growth in a risk-free and tax-free manner. Brea, a wealth strategist and leadership development coach, emphasizes the importance of creating customized legacy plans that reflect the individual aspirations and values of families, ensuring they are equipped to navigate their financial futures. Together, we explore the challenges and triumphs encountered in their mission to foster financial literacy and empowerment within underserved communities.Takeaways: Che' and Brea Davis are dedicated to bridging the racial wealth gap through innovative strategies. Their mission is to empower families with the knowledge to build and maintain generational wealth effectively. They emphasize the importance of financial literacy and customized planning tailored to each family's unique situation. Utilizing a holistic approach, they integrate values, financial systems, and community impact into their legacy planning. Links referenced in this episode:legacyx.comdavisexrain.com

Tonight, on NJ Spotlight News…DEMANDING ANSWERS…the family of the 14 year old Saddle Brook teen shot multiple times and killed by Israeli forces is seeking justice; Plus…CONGESTION PRICING is here to stay as New York transit officials and the Trump administration strike a deal to leave the toll program in place through at least October; Also, SINKHOLE RELIEF…Federal and state authorities offer new EMERGENCY AID for small businesses feeling the pain of the I-80 detours and closures; And, uncovering the RACIAL WEALTH GAP that continues to  persist across the Garden State…  

Our guest on the podcast today is Mellody Hobson. She's the author of a new book for children called Priceless Facts About Money. In addition, she's co-CEO of Ariel Investments, where she is responsible for management, strategic planning, and growth for all areas of Ariel outside of research and portfolio management. Additionally, she serves as chairman of the board of trustees of Ariel Investment Trust, the company's publicly traded mutual funds. Prior to being named co-CEO, spent nearly two decades as the firm's president. Outside of Ariel, Mellody has been active on corporate boards, including Starbucks, JPMorgan Chase, Estee Lauder, and DreamWorks Animation.BackgroundAriel InvestmentsBioAriel Community AcademyGratitude and Appreciation to Mellody Hobson, Starbucks“Just one Chicagoan made list of the 100 most powerful people in business,” by Jack Grieve, Crain's Chicago Business, Nov. 12, 2024“Why Sheryl Sandberg, Bill Bradley, and Oprah Love Mellody Hobson,” by Bethany McLean, Vanity Fair, March 30, 2015Book and MorePriceless Facts About Money“Mellody Hobson: ‘Most parents would rather talk about a condom than a credit card' ” by Madison Darbyshire, Financial Times, Dec. 10, 2024Oprah's Favorite Things 2024 List Is Here!“What Parents Get Wrong About Money and Their Kids” | The Oprah Podcast, Jan. 28, 2025Investing Discussions“Ariel Investments Starts New Fund to Tap Into Women's Sports,” by Miranda Davis, Bloomberg, Jan. 30, 2025“Mellody Hobson, Co-CEO & President, Ariel Investments,” The Economic Club of Chicago, Dec. 18, 2024.“Market Lessons from a Legendary Career of Doing Well by Doing Good,” 2024 Prime Quadrant Conference | Moderated by Mo Lidsky, Dec. 11, 2024“Solving the World's Hardest Problems with Mellody Hobson: Closing the Racial Wealth Gap,” Center for Strategic & International Studies, Aug. 28, 2024“Mellody Hobson on Taking Tough Feedback,” Ted Talk, June 15, 2021.“A Conversation with Mellody Hobson & Melonie Parker,” Catalyst Awards 2024, March 21, 2024.

Arizona State University Professor Calvin Schermerhorn talks about his new book.

What can donors do to address the seemingly intractable problem of homelessness? Susan Thomas, president of the Melville Charitable Trust, joins Phil and Grace to discuss the systems and barriers in place in the U.S. that result in well over a half million unhoused Americans. Susan draws on her own personal and familial story as well as decades of experience, arguing that homelessness and structural racism are intrinsically linked, both historically and today. Additional Resources Melville Charitable Trust The Color of Law: A Forgotten History of How Our Government Segregated America by Richard Rothstein The Color of Money: Black Banks and the Racial Wealth Gap by Mehrsa Baradaran The Sum of Us: What Racism Costs Everyone and How We Can Prosper Together by Heather McGhee Listen to “Heather McGhee on the Zero Sum Lie” on the Giving Done Right podcast

Tune in to hear:Get a better sense of the size and scope of the racial wealth gap problem in the US.Should financial advisors play a role in addressing these inequalities? Also, do historical factors, such as systemic discrimination and redlining, largely to blame for the genesis of this disparity?What sort of systemic inequities and injustices are we up against today and what can we do to combat these?What cultural differences, and attitudes, towards money, risk and investing should non-black practitioners be aware of when working with black clientele?What can we do as an industry to win some trust back and will part of that be through education and outreach?Does Adam see tech as a potential equalizer or exacerbator of the racial wealth gap?How can we best meet each client where they are at, as individuals?Citations17 cents on the dollarInheritance likelihood and magnitudeBlack wealth holdings228 YearsLinksAdam Tolliver on LinkedInAdam Tolliver on YoutubeArtisan Financial StrategiesThe Hidden Cost of Being African AmericanThe Black Tax: The Cost of Being Black in AmericaConnect with UsMeet Dr. Daniel CrosbyCheck Out All of Orion's PodcastsPower Your Growth with Orion The Advisor Academy is Orion's free, continuing education platform for advisors where you can get CE credits on the go. To sign up for the platform, click here.Compliance Code: 2356-OAS-9/13/2024

The book, "Fifteen Cents on the Dollar: How Americans Made the Black-White Wealth Gap," takes a deep look at the impact of race on financial well-being in this country.

Source: https://www.pewresearch.org/short-reads/2024/03/06/a-booming-us-stock-market-doesnt-benefit-all-racial-and-ethnic-groups-equally/ The Pew Research Center article, "Booming US stock market doesn't benefit all racial and ethnic groups equally," analyzes data from the Survey of Consumer Finances to show that the recent growth in the U.S. stock market disproportionately benefits White families. White families are more likely to own stocks and have larger stock holdings than families of other races, with Black and Hispanic families having significantly lower median and mean stock ownership values. Additionally, White families are more likely to have retirement accounts, and their accounts tend to be larger than those of other racial and ethnic groups. Although Asian American families have a higher median net worth than any other group, the article points out that the wealth gap between White and minority families is significant, with White families owning a larger share of their wealth in stocks and mutual funds. These disparities reflect a long-standing pattern of racial inequality in financial wealth and investment opportunities in the U.S.

Two-time Emmy and Three-time NAACP Image Award-winning television Executive Producer Rushion McDonald interviews Travis May, Sr. and Alair Castro from Northwestern Mutal, one is a financial advisor and the other is a Diversity & Inclusion Specialist discuss how Black Entrepreneurship bridges racial wealth gap.  The racial wealth gap refers to the disparity in assets of typical households across race and ethnicity. The gap in assets is far wider than disparities in wages across races. Income inequality, housing policies, limited educational opportunities, and a lack of support structures contribute to the racial wealth gap. Talking Points -    Can you provide an overview of the Community Conversations initiative and its purpose?-    This is the third Community Conversation you're hosting—what impact have the previous two events had so far?-    Travis joined the firm as a result of the first conversation. How did that connection come about, and how has his journey exemplified the goals of these conversations?-    In what ways do you feel these events are making an intentional and impactful difference in the Black community?-    How does Community Conversations help identify individuals who align with the firm's vision and goals?-    What makes these events unique in fostering relationships and opportunities within the Black community?-    Northwestern Mutual is a financial partner that offers personalized plans, top-rated services and life insurance.-    What inspired Northwestern Mutual's Callaway Black office to focus this year's panel series on Black entrepreneurship as a solution to bridging the racial wealth gap?-    Why do you believe entrepreneurship plays a pivotal role in narrowing the racial wealth gap, specifically for Black communities?-    What unique challenges do Black entrepreneurs face in starting and scaling businesses compared to other demographics?-    How have historical barriers, such as limited access to capital and systemic racism, impacted Black entrepreneurship, and what changes are being seen today?-    How important are mentorship and financial literacy in supporting Black entrepreneurs and future generations of business owners?-    What resources or programs do you believe are most effective in helping Black entrepreneurs succeed in today's business landscape?-    How can financial institutions, such as Northwestern Mutual, support Black entrepreneurs in accessing the funding and resources they need to grow?-    What role do community-based organizations and initiatives play in empowering Black entrepreneurs and addressing wealth disparities?-    Can you share any success stories of Black entrepreneurs who have directly benefited from your efforts or the broader financial ecosystem in Atlanta?-    How can the success of Black-owned businesses help inspire and empower younger generations in closing the wealth gap?-    In your view, what are the most effective strategies for ensuring that Black entrepreneurship leads to long-term wealth building within families and communities?-    Looking forward, what do you hope to see in terms of Black entrepreneurship and wealth-building in the next decade?-    How can the community come together to support Black entrepreneurs and ensure that their efforts are sustainable and impactful? #BEST #STRAW #SHMSSupport the show: https://www.steveharveyfm.com/See omnystudio.com/listener for privacy information.

Two-time Emmy and Three-time NAACP Image Award-winning television Executive Producer Rushion McDonald interviews Travis May, Sr. and Alair Castro from Northwestern Mutal, one is a financial advisor and the other is a Diversity & Inclusion Specialist discuss how Black Entrepreneurship bridges racial wealth gap.  The racial wealth gap refers to the disparity in assets of typical households across race and ethnicity. The gap in assets is far wider than disparities in wages across races. Income inequality, housing policies, limited educational opportunities, and a lack of support structures contribute to the racial wealth gap. Talking Points -    Can you provide an overview of the Community Conversations initiative and its purpose?-    This is the third Community Conversation you're hosting—what impact have the previous two events had so far?-    Travis joined the firm as a result of the first conversation. How did that connection come about, and how has his journey exemplified the goals of these conversations?-    In what ways do you feel these events are making an intentional and impactful difference in the Black community?-    How does Community Conversations help identify individuals who align with the firm's vision and goals?-    What makes these events unique in fostering relationships and opportunities within the Black community?-    Northwestern Mutual is a financial partner that offers personalized plans, top-rated services and life insurance.-    What inspired Northwestern Mutual's Callaway Black office to focus this year's panel series on Black entrepreneurship as a solution to bridging the racial wealth gap?-    Why do you believe entrepreneurship plays a pivotal role in narrowing the racial wealth gap, specifically for Black communities?-    What unique challenges do Black entrepreneurs face in starting and scaling businesses compared to other demographics?-    How have historical barriers, such as limited access to capital and systemic racism, impacted Black entrepreneurship, and what changes are being seen today?-    How important are mentorship and financial literacy in supporting Black entrepreneurs and future generations of business owners?-    What resources or programs do you believe are most effective in helping Black entrepreneurs succeed in today's business landscape?-    How can financial institutions, such as Northwestern Mutual, support Black entrepreneurs in accessing the funding and resources they need to grow?-    What role do community-based organizations and initiatives play in empowering Black entrepreneurs and addressing wealth disparities?-    Can you share any success stories of Black entrepreneurs who have directly benefited from your efforts or the broader financial ecosystem in Atlanta?-    How can the success of Black-owned businesses help inspire and empower younger generations in closing the wealth gap?-    In your view, what are the most effective strategies for ensuring that Black entrepreneurship leads to long-term wealth building within families and communities?-    Looking forward, what do you hope to see in terms of Black entrepreneurship and wealth-building in the next decade?-    How can the community come together to support Black entrepreneurs and ensure that their efforts are sustainable and impactful? #BEST #STRAW #SHMSSee omnystudio.com/listener for privacy information.

Two-time Emmy and Three-time NAACP Image Award-winning television Executive Producer Rushion McDonald interviews Travis May, Sr. and Alair Castro from Northwestern Mutal, one is a financial advisor and the other is a Diversity & Inclusion Specialist discuss how Black Entrepreneurship bridges racial wealth gap.  The racial wealth gap refers to the disparity in assets of typical households across race and ethnicity. The gap in assets is far wider than disparities in wages across races. Income inequality, housing policies, limited educational opportunities, and a lack of support structures contribute to the racial wealth gap. Talking Points -    Can you provide an overview of the Community Conversations initiative and its purpose?-    This is the third Community Conversation you're hosting—what impact have the previous two events had so far?-    Travis joined the firm as a result of the first conversation. How did that connection come about, and how has his journey exemplified the goals of these conversations?-    In what ways do you feel these events are making an intentional and impactful difference in the Black community?-    How does Community Conversations help identify individuals who align with the firm's vision and goals?-    What makes these events unique in fostering relationships and opportunities within the Black community?-    Northwestern Mutual is a financial partner that offers personalized plans, top-rated services and life insurance.-    What inspired Northwestern Mutual's Callaway Black office to focus this year's panel series on Black entrepreneurship as a solution to bridging the racial wealth gap?-    Why do you believe entrepreneurship plays a pivotal role in narrowing the racial wealth gap, specifically for Black communities?-    What unique challenges do Black entrepreneurs face in starting and scaling businesses compared to other demographics?-    How have historical barriers, such as limited access to capital and systemic racism, impacted Black entrepreneurship, and what changes are being seen today?-    How important are mentorship and financial literacy in supporting Black entrepreneurs and future generations of business owners?-    What resources or programs do you believe are most effective in helping Black entrepreneurs succeed in today's business landscape?-    How can financial institutions, such as Northwestern Mutual, support Black entrepreneurs in accessing the funding and resources they need to grow?-    What role do community-based organizations and initiatives play in empowering Black entrepreneurs and addressing wealth disparities?-    Can you share any success stories of Black entrepreneurs who have directly benefited from your efforts or the broader financial ecosystem in Atlanta?-    How can the success of Black-owned businesses help inspire and empower younger generations in closing the wealth gap?-    In your view, what are the most effective strategies for ensuring that Black entrepreneurship leads to long-term wealth building within families and communities?-    Looking forward, what do you hope to see in terms of Black entrepreneurship and wealth-building in the next decade?-    How can the community come together to support Black entrepreneurs and ensure that their efforts are sustainable and impactful? #BEST #STRAW #SHMSSee omnystudio.com/listener for privacy information.

On this episode of Dimensions of Diversity, host Lloyd Freeman is joined by Jordan Fields to discuss the racial wealth gap in America, focusing on taxation as a contributing factor. Jordan shares how her personal experiences growing up in New Jersey inspired her research which she summarizes in her student note, “You Cannot Make My Blackness a Burden: How America Used Taxation to Maintain the Racial Wealth Gap and Prevent Black Flourishment,” published in the Pittsburgh Tax Review.This episode highlights systemic racial bias in home appraisals and the need for more equitable distribution of municipal services and institutions to address these issues. Jordan emphasizes the need for collective action to solve wealth inequality and prioritize the well-being of Black residents in predominantly white neighborhoods.Dimensions of Diversity is a podcast created by Buchanan Ingersoll & Rooney, highlighting diversity in the workplace. Hosted by Lloyd Freeman, Chief Diversity & Inclusion Officer, the podcast features meaningful conversations with industry and community leaders working to advance D&I. 

The Congressional Black Caucus (CBC) has released a new report urging corporations to expand their diversity, equity, and inclusion (DEI) policies to reduce the racial wealth gap. The report offers guidelines for companies to follow, emphasizing the legality of DEI programs, despite recent challenges from conservative lawmakers and activists. CBC Chair Rep. Steven Horsford highlighted that after George Floyd's death, corporations pledged $50 billion towards racial equity, but many have not since fulfilled their promises. Now, the CBC is calling for renewed corporate commitments and outlays 12 key areas, including leadership, diversity, and pay equity, where companies can make measurable progress. The CBC, which engaged with nearly 200 companies through the report, aims to hold firms accountable for their promises and push for greater economic mobility in Black communities. Learn more about your ad choices. Visit megaphone.fm/adchoices

Mellody Hobson, co-CEO and President of Ariel Investments — created Ariel Alternatives, the first private equity subsidiary of the 40-year-old investment firm, alongside its current CEO Les Brun. On this Smart Women, Smart Power episode, Mellody joins Dr. Kathleen McInnis for a discussion on how she strives to close the racial wealth gap and create a better public understanding of financial literacy.   This episode is made possible through general support to Smart Women, Smart Power.

Hey BA fam! In this holla back episode, Mandi is joined by Kimberly Atkins Stohr, a senior opinion writer for Boston Globe Opinion. The ladies discuss the racial wealth gap, natural hair, discrimination in real estate, and using our voices for change.We want to hear from you! Drop us a note at brownambitionpodcast@gmail.com or hit us up on instagram @brownambitionpodcast Learn more about your ad choices. Visit podcastchoices.com/adchoicesSee omnystudio.com/listener for privacy information.

Hey BA fam! In this holla back episode, Mandi is joined by Kimberly Atkins Stohr, a senior opinion writer for Boston Globe Opinion. The ladies discuss the racial wealth gap, natural hair, discrimination in real estate, and using our voices for change. We want to hear from you! Drop us a note at brownambitionpodcast@gmail.com or hit us up on instagram @brownambitionpodcast Learn more about your ad choices. Visit podcastchoices.com/adchoices

Daniel Smith is the founder of Keepingly, a platform that helps homeowners maintain manage and grow their property value with over 20 years of experience in digital marketing and consulting. Daniel has transformed how organizations in the Caribbean and the US position their products online. At Keepingly, Daniel uses his personal experience as a homeowner to create innovative solutions for the housing industry. His work earned him recognition as a RIS Media real estate newsmaker in 2023. As a futurist, Daniel is dedicated to leveraging technology to address the key issues in the housing market focusing on homeowner sustainability, equity and fairness. His recent Fast Company article outlines policy changes needed to make home ownership more equitable - from addressing appraisal biases to enhancing credit programs.   This episode is sponsored by the coaching company of the host, Paul Zelizer. Consider a Strategy Session if you can use support growing your impact business. Resources mentioned in this episode include: Keepingly site Black Chamber of New Mexico episode Daniel's Fast Company article Daniel on LinkedIn Paul's Strategy Sessions Pitch an Awarepreneurs episode

Veteran journalists and academics Louise Story and Ebony Reed discuss their new book, “Fifteen Cents on the Dollar: How Americans Made the Black-White Wealth Gap.” The book investigates the history of the racial wealth gap in America and what's holding it in place.Plus, the Suwannee alligator snapping turtle is now listed as a threatened species under under the Endangered Species Act. Seth Wenger , a UGA Associate Professor of Ecology and Director of Science at the River Basin Center, and Dr. Gina Ferrie, the Vice President of Collections and Conservations at Zoo Atlanta, discuss what led to the alligator snapping turtle's population decline and what's being done to protect it and other species in Georgia. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Part of the of the racial wealth gap is a gap in business ownership. Today, we’re joined by Kezia Williams, CEO of the Black upStart, a national initiative and curriculum for Black entrepreneurs, for a conversation about some of the hurdles Black business owners face and efforts to close the gap. Also on the program: A new study finds that expanding early childhood education could be well worth the investment.

Part of the of the racial wealth gap is a gap in business ownership. Today, we’re joined by Kezia Williams, CEO of the Black upStart, a national initiative and curriculum for Black entrepreneurs, for a conversation about some of the hurdles Black business owners face and efforts to close the gap. Also on the program: A new study finds that expanding early childhood education could be well worth the investment.

Welcome to a special clip of Market Mondays, featuring an insightful discussion straight from Washington, DC. Joining us are two distinguished guests: Representative Lauren Underwood of Illinois' 14th district and the Deputy Secretary of the United States Treasury, Wally Adeyemo. *Key Highlights:**1. Access to Capital for Black Entrepreneurs:*Rashad Bilal kicks off the conversation by exploring access to capital through community lenders. Learn about the $9 billion approved under Vice President's leadership to support community development financial institutions and black-owned banks. Discover how this initiative has led to the doubling of black-owned small businesses in America over the past three years.*2. Semiconductor and Science Act:*Troy Millings delves into the significance of semiconductors and America's leadership in this space. The pandemic demonstrated the critical need for domestic production of chips, necessary for everything from cars to iPads. Wally Adeyemo discusses the importance of the Semiconductor and Science Act in ensuring the U.S. maintains a leading role while creating jobs in underserved communities.*3. Addressing Economic Inequities:*Ian Dunlap asks about the Treasury's role in addressing economic inequalities. Adeyemo emphasizes the importance of investing in communities with potential but historically lacked opportunities. Discover how efforts to support black and Latino small businesses contribute to the broader growth of the U.S. economy.*4. Inflation Reduction Act:*Inflation has been a significant challenge for Americans. Wally Adeyemo explains the Inflation Reduction Act, which aims to cut everyday costs, from energy bills to prescription drugs. Learn about tax incentives for energy-efficient upgrades and how the cap on insulin costs is setting a precedent for reducing healthcare expenses nationwide.*5. Affordable Homeownership:*Homeownership is a critical path to wealth creation, particularly in black and Latino communities. Adeyemo outlines incentives for down payment assistance, zoning law changes, and support for first-time homebuyers to make homeownership more accessible.*6. Personal Journeys:*Discover the inspiring journeys of our guests. Wally Adeyemo, the first black American in his role, shares how his parents' commitment to public service influenced his career path. Representative Lauren Underwood, the youngest black woman elected to Congress, reveals how tackling healthcare inequities led her to Congress and her ongoing efforts to make America work for everyone.*7. The Role of the U.S. Treasury:*Understand the multifaceted role of the Treasury Department beyond printing money. Adeyemo explains how they work to grow the U.S. economy, support small businesses, and enhance IRS services, making tax filing easier and more cost-effective for Americans.*8. Bridging Gaps for Millennials and African Americans:*Rep. Underwood highlights the importance of access to information and resources, ensuring programs reach those who need them most. She emphasizes the need for millennials and African Americans to recognize and utilize the opportunities available, encouraging active participation in shaping a fairer, more inclusive economy.This episode is packed with valuable insights on financial inequities and the steps being taken to address them. Whether you're an entrepreneur, a policymaker, or simply interested in economic justice, there's something here for everyone.*#MarketMondays #FinancialInclusion #Entrepreneurship #EconomicEquity #USATreasury #LaurenUnderwood #WallyAdeyemo #SmallBusiness #InflationReduction #Homeownership #BlackWealth #SemiconductorIndustry #PublicService #MillennialFinance #CommunityDevelopment*Our Sponsors:* Check out Monarch Money: www.monarchmoney.comSupport this podcast at — https://redcircle.com/marketmondays/donationsAdvertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy

A new book takes a deep look at the stark wealth gap between Black and white Americans.

On this episode of The Table with Anthony ONeal, we welcome Latasha Morrison, New York Times bestselling author of "Be The Bridge." Latasha shares insights from her latest book, "Brown Faces, White Spaces: Confronting Systemic Racism to Bring Healing and Restoration." She discusses her life journey, the ongoing struggle for equality and equity for Black people, and the history of redlining. Latasha's profound understanding of systemic racism provides a roadmap for healing and restoration, making this episode an essential listen for anyone committed to social justice. Join us as we delve into her powerful message and learn how we can all contribute to a more equitable society.

We're almost at the end of our season, just as the biggest sports leagues in the world come to the end of theirs (as our guest today says, it all revolves around oil, and maybe a bit of corruption and looting). Speaking of today's guest, we've got on an expert in banking and the racial wealth gap whose biography will probably surprise you at every turn: Mehrsa Baradaran, Professor of Law at the University of California Irvine School of Law, who takes us on a tour of her new book The Quiet Coup: Neoliberalism and the Looting of America. Even though Sam and David's respective views on neoliberalism are what makes this a podcast divided, Baradaran opens the podcast by telling us that neoliberalism is synonymous with corruption and looting, but also that she's a big fan of markets. Next, Baradaran gives us a brief and maybe controversial account of the post-World War Two era, placing empire and race, not economics or ideology, at the center. Sam presses Baradaran on her thesis: that conmen and grifters, big oil and big tobacco, used neoliberalism, which then gained a life of its own as law and economics. David valiantly defends law and economics (sadly, no one seems to be convinced). We end with exposing the quietest coup: maybe Baradaran, in aiming to bare everything wrong with our economic system, was the real neoliberal all along. This podcast is generously supported by Themis Bar Review. Referenced Readings The Wretched of the Earth by Franz Fanon The Color of Money: Black Banks and the Racial Wealth Gap by Mehrsa Baradaran Public Citizens: The Attack on Big Government and the Remaking of American Liberalism by Paul Sabin The End of Ideology: On the Exhaustion of Political Ideas in the Fifties by Daniel Bell The God Delusion by Richard Dawkins Racecraft: The Soul of Inequality in American Life by Karen E. Fields and Barbara J. Fields “Protestors Criticized For Looting Businesses Without Forming Private Equity Firm First” in The Onion

May 1, 2024 Building Equity: Strategies for Addressing the Racial Wealth Gap Through Housing PoliciesModerated by WBEZ’s Erin AllenPanelists: UChicago’s Dr. Robert J. Chaskin, Housing Commissioner Lissette Castañeda, Chicago Community Trust’s Marisa Novara City Club event description: Homeownership remains the principal way most families build wealth in this country. Despite this, the gap in homeownership […]

Celebrated author of the award-winning book, The Color of Money: Black Banks and the Racial Wealth Gap, Mehrsa Baradaran states that when the Emancipation Proclamation was signed in 1863, Blacks had 0.5% of the nation's wealth. This statistic makes sense, since Blacks weren't allowed to own capital as enslaved people — their bodies were, indeed, the capital used to develop lending in this country. Fast-forward more than 160 years to today, Black households currently have a total wealth of just over 4% - not much growth, especially when U consider that one-in-four Black households overall have no wealth or in debt, compared to about one-in-ten U.S. households.    What if our nation's financial systems were rigged — not by evil puppet masters or villains — but by law-abiding judges, lawyers, policy makers and lobbyists? In Baradaran's latest book, The Quiet Coup: Neoliberalism and The Looting of America, the acclaimed professor of law at the University of California, Irvine argues that our political and economic systems of government have shifted in recent decades to yield more complex laws and regulations designed to benefit the rich and powerful—while at the same time, proclaiming smaller government and less regulation. The result has been a large section of Americans left poor and disenfranchised. Join us as I SEE U host Eddie Robinson chats with one of our country's leading intellectuals and legal scholars, Mehrsa Baradaran. We examine how the Civil Rights movement and the push for economic justice by Black activists led to a so-called neoliberal movement. Baradaran explores this ideology of neoliberalism and explains how it infected our politics to ensure and maintain a dominant system of economic power over democracy – a movement she says is far from over, and even accelerating. 

Black founders have long struggled for their place in the entrepreneurial ecosystem, but a new study from Wharton's Tiantian Yang shows they are thriving in intrapreneurship. Hosted on Acast. See acast.com/privacy for more information.

March 21, 2024 In honor of the 2024 Women's History Month theme of “Women Who Advocate for Equity, Diversity and Inclusion,” Vernon interviews Renée Sattiewhite, President and CEO of the African-American Credit Union Coalition (AACUC). Vernon and Renee discuss the role AACUC plays in creating bridges between community-based organizations and consumer-focused initiatives designed to close the extensive racial wealth gap. In addition to serving as President/CEO of the AACUC, Renée Sattiewhite is also a certified diversity professional, credit union development educator, motivational speaker, executive coach, mentoring trainer, and recognized expert on marketing and branding. Renee has brought both her unique vitality and forward-looking vision in order to create one of the most dynamic organizations in the credit union movement. She has successfully propelled the organization forward to offer a credible voice that addresses today's dialogue on race, equity, and inclusion for all. In September 2022, Renée was inducted to America's Credit Union Museum's newest display “Credit Union Women Making History....Herstory,” an interactive exhibit highlighting incredible women's achievements that have made history in the credit union industry and showcasing women's stories never heard before. In 2020, after the deaths of Ahmaud Arbery, George Floyd, Breonna Taylor and with the growing visibility of the Black Lives Matter movement, this momentum galvanized the country against racial injustice. Renee became one of the most notable catalysts, encouraging the credit union industry to become more aware of the urgent need for change toward true racial equality and economic justice, and launched the Commitment to Change: Credit Unions Unite Against Racism initiative. As a direct result of Renee's leadership AACUC received the 2022 Anchor Award from the National Credit Union Foundation which is the equivalent to the Nobel Peace Prize of the credit union movement. The African-American Credit Union Coalition is a 501c3 non-profit organization created in 1999 to increase diversity within the credit union community through advocacy and professional development. This award-winning organization is shaping diversity, equity, and inclusion in the movement to eliminate the racial wealth gap, and is considered a leader in the credit union industry.

Kansas City journalist Ebony Reed and co-author Louise Story explain original data they curated for their new book, “Fifteen Cents on the Dollar: How Americans Made the Black-White Wealth Gap.”

In this enlightening episode of Market Mondays, we dive deep into the realms of AI and cybersecurity, scrutinizing OpenAI's advancements and the critical importance of safeguarding our digital world. We analyze Palo Alto Network's surprising 30% drop post-earnings and debate whether Nvidia stands as the defining company of this decade. With Nvidia's recent earnings in the spotlight, we ponder who could be the next Nvidia in the tech arena.The addition of Amazon to the Dow Jones raises questions about its impact on the market, while the Capital One and Discover deal marks a significant shift in the credit card industry. Tyler Perry's decision to halt his studio's $800 million expansion due to AI developments sparks a discussion on the future of content creation.Furthermore, we unlock the secrets to successful networking and relationship-building in today's fast-paced world. Our conversation with Ebony Reed and Louise Story provides insightful perspectives on their book, "Fifteen Cents on the Dollar: How Americans Made the Black-White Wealth Gap," shedding light on the historical and ongoing economic disparities.Join us for a comprehensive analysis of today's most pressing market trends and insightful discussions on economic equity.#MarketMondays #OpenAI #Cybersecurity #PaloAltoNetworks #Nvidia #AmazonDowJones #CapitalOneDiscover #TylerPerryAI #NetworkingSuccess #EconomicEquity #TechTrends #Investing #StockMarket #WealthGap #EbonyReed #LouiseStorySupport this podcast at — https://redcircle.com/marketmondays/donationsAdvertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy

Despite record-low Black unemployment and a higher labor force participation rate than Whites, major barriers impede homeownership among African Americans, a fact that contributes to a yawning racial wealth gap. The gap is so expansive that the 400 wealthiest Americans control the same amount of wealth as the 48 million Blacks living in the United States. Importantly, however, there are solutions. Dr. Courtney Johnson Rose serves as President of the National Association of Real Estate Brokers (NAREB), the premier network of Black real estate professionals and one of the oldest minority trade associations in the country with more than 100 chapters nationwide. The organization is sponsoring a Black Wealth Tour in cities around the country, with Dr. Rose and NAREB representatives leading classes, workshops, and one-on-one counseling to advise families on home buying, investing, and careers in real estate. With her background – both personal and professional – in the field, Dr. Rose is prepared to tackle this challenge. And she is my guest on this episode of Equal Time. Learn more about your ad choices. Visit megaphone.fm/adchoices

Despite record-low Black unemployment and a higher labor force participation rate than Whites, major barriers impede homeownership among African Americans, a fact that contributes to a yawning racial wealth gap. The gap is so expansive that the 400 wealthiest Americans control the same amount of wealth as the 48 million Blacks living in the United States. Importantly, however, there are solutions. Dr. Courtney Johnson Rose serves as President of the National Association of Real Estate Brokers (NAREB), the premier network of Black real estate professionals and one of the oldest minority trade associations in the country with more than 100 chapters nationwide. The organization is sponsoring a Black Wealth Tour in cities around the country, with Dr. Rose and NAREB representatives leading classes, workshops, and one-on-one counseling to advise families on home buying, investing, and careers in real estate.  With her background – both personal and professional – in the field, Dr. Rose is prepared to tackle this challenge. And she is my guest on this episode of Equal Time. Learn more about your ad choices. Visit megaphone.fm/adchoices

Academy Award season is here, but while the rest of the world may be debating which half of the Barbenheimer phenomenon will take home the most trophies, at Let's Hear It we're putting all our chips on Best Documentary Short nominee “The Barber of Little Rock,” co-directed by Christine Turner and our dear friend John Hoffman. Eric and John reunite to talk about the extraordinary film John has co-directed. They appeal to foundations to fund more documentary films, and they marvel at the movie's amazing protagonist Arlo Washington as he opens a Community Development Financial Institution to create opportunities for members of his community. Take a few minutes to watch this incredible story, produced in partnership with the New Yorker. You can find the 34-minute documentary on the New Yorker website and on YouTube. And if any of you happen to be members the Academy, well…you know what to do. Please enjoy the film and the interview and let us know what you thought of The Barber of Little Rock!

Amy is joined by philosopher and author Mehrsa Baradaran to discuss her latest book, The Color of Money: Black Banks and the Racial Wealth Gap, and explore the history of Black banking, intersections of race, gender, and economics, as well as how we can take control of our economic future to create a more equitable world for all.Mehrsa Baradaran is a professor of law at UC Irvine Law School. She writes about banking law, financial inclusion, inequality, and the racial wealth gap. Her scholarship includes the books How The Other Half Banks and the award-winning The Color of Money: Black Banks and the Racial Wealth Gap, both published by the Harvard University Press. Baradaran and her books have received significant national and international media coverage and have been featured in The New York Times, The Atlantic, Slate, American Banker, The Wall Street Journal, and Financial Times. On NPR's Marketplace, C-SPAN's Washington Journal, and PBS's NewsHour, and as part of TEDx at the University of Georgia. She has advised US senators and congressmen on policy, testified before the US Congress, and spoken at national and international forums like the US Treasury and the World Bank.

Today's guest is Coleman Hughes, a writer, podcaster, opinion columnist and self-described "Black man who does't think everything is about race.” Coleman has a new book out this week called 'The End of Race Politics: Arguments for a Colorblind America,' in which he confronts the "failed corporate diversity and inclusion efforts and poisonous race-based policies that hurt the very people they intend to help." Coleman has been featured in the New York Times, The Wall Street Journal, The National Review, Quillette, The City Journal and The Spectator. He's appeared on many TV shows and podcasts including Real Time with Bill Maher, Making Sense with Sam Harris and the Jordan B. Peterson podcast.  In this conversation from summer of 2022, Coleman and I talk about: The Racial Wealth Gap and its origins,  Why government action including reparations is not a solution Whether 100% equality among all races is possible or even desirable,  How progressive policies that supposedly help African-Americans are actually holding them back and… What issues we should focus on if we actually want to empower Black Economic Autonomy.

The Ascend Cohort Program aims to generate a 30% increase of income for Black professionals and entrepreneurs over three years through a series of professional development seminars.

Bakari Sellers is joined by author, professor, and Brookings Institute senior fellow Andre M. Perry to discuss how to fix the devaluation of homes in Black communities (04:35), the widening racial wealth gap (08:40), and why Spelman College's recent $100 million donation highlights the importance of investing in education (21:31). Host: Bakari Sellers Guest: Andre M. Perry Producer: Eduardo Ocampo Executive Producer: Jarrod Loadholt Learn more about your ad choices. Visit podcastchoices.com/adchoices

Join Lauren Conaway in a dynamic conversation with Brandon Calloway, CEO of Generating Income For Tomorrow (GIFT), as they discuss the critical topic of narrowing the racial wealth gap. This episode explores actionable insights on addressing racial wealth disparities and sheds light on GIFT's initiatives to support black-owned businesses in Kansas City. Lauren and Brandon candidly discuss the impactful programs GIFT has implemented and leave listeners with practical ways to contribute to closing the racial wealth gap within their communities.   Find Startup Hustle Everywhere: https://gigb.co/l/YEh5   This episode is sponsored by Gusto: https://gusto.com/startuphustle Get three months free when you run your first payroll.   Learn more about Generating Income For Tomorrow: https://www.kansascitygift.org   Learn more about InnovateHER KC: https://innovateherkc.com  See omnystudio.com/listener for privacy information.

Don't forget to subscribe, leave a rating and a 5-star review. If you leave a 5-star rating and review, send me an email info@blackrealestatedialogue.com and I'll send you a free training on finding and analyzing properties.Welcome to The Investor Spotlight! In this segment, we will feature a short clip from a previous episode. In this clip from episode 186, Tawan Davis discusses the racial wealth gap, his partnership with PNC to increase homeownership and more.  Listen to the full episode here Apply to my Out of State Investing 4-Week Workshop- https://www.outofstatemoney.com/workshopDownload my free guide, 8 Steps to Buying Your First Out of State PropertyAccess all of our resources on our website- https://www.blackrealestatedialogue.com/links

“Wealth is the paramount indicator of economic prosperity and well-being,” says the economist Darrick Hamilton. He's right. Policy analysis tends to focus on income, but it is wealth that often determines whether we can send our kids to college, pay for an illness, quit a job, start a business or make a down payment on a home. Wealth is also the source of some of our deepest social inequalities: The top 10 percent of households in the U.S. own about 70 percent of the nation's wealth, and the typical Black family has about one-tenth the wealth of the typical white family.Hamilton is an economist at the New School who has spent decades studying the origins of the United States' wealth disparities and how to close them. His “baby bonds” proposal — which would give poor children up to $50,000 in wealth by the time they become adults — has been put forward as national legislation by politicians like Senator Cory Booker and Representative Ayanna Pressley, and a state-level version of it is about to be established in Connecticut. So I asked him on the show to walk me through the structure of wealth in America today, the policy decisions undergirding that structure and the kinds of policies we could pass to dismantle it.Mentioned:“Can ‘Baby Bonds' Eliminate the Racial Wealth Gap in Putative Post-Racial America?” by Darrick Hamilton and William Darity, Jr.“A Birthright to Capital” by Darrick Hamilton. Emanuel Nieves, Shira Markoff and David Newville“Hidden in Plain Sight” by The Corporation for Enterprise Development“Umbrellas Don't Make it Rain” by Darrick Hamilton, William Darity, Jr., Anne E. Price, Vishnu Sridharan and Rebecca TippettBook Recommendations:When Affirmative Action Was White by Ira KatznelsonRacial Conflict and Economic Development by W. Arthur LewisPostcolonial Love Poem by Natalie DiazListen to this podcast in New York Times Audio, our new iOS app for news subscribers. Download now at nytimes.com/audioappThoughts? Guest suggestions? Email us at ezrakleinshow@nytimes.com.You can find transcripts (posted midday) and more episodes of “The Ezra Klein Show” at nytimes.com/ezra-klein-podcast, and you can find Ezra on Twitter @ezraklein. Book recommendations from all our guests are listed at https://www.nytimes.com/article/ezra-klein-show-book-recs.This episode was produced by Annie Galvin. Fact-checking by Michelle Harris. Mixing by Jeff Geld. The show's production team also includes Emefa Agawu, Rogé Karma and Kristin Lin. Original music by Isaac Jones. Audience strategy by Shannon Busta. The executive producer of New York Times Opinion Audio is Annie-Rose Strasser. Special thanks to Nate Golden, Sonia Herrero and Kristina Samulewski.

On this episode of Next Question with Katie Couric, produced in partnership with Ally and Katie Couric Media, we're taking a look at the racial wealth gap; the systemic and historical factors that have contributed to persuasive economic inequality, as well as how we can work together to navigate a new path forward. First, Katie is joined by financial columnist Michelle Singletary from the Washington Post. Her series, “Sincerely, Michelle,” was not only a reaction to the murder of George Floyd, but also an invitation to millions of Americans to see the reasons for the stark financial disparity that falls along racial lines. Next, Katie speaks to Chloe McKenzie, founder of Black Fem, an organization dedicated to reimagining wealth opportunities for Black women. Want to be a know-it-all? Subscribe to Wake Up Call, our jam-packed newsletter. Monday through Saturday, we break down the top news stories of the day, answer your pressing questions, and scour the internet for the best entertainment tidbits, streaming recommendations, recipes, and health and wellness tips. To sign up, go to katiecouric.com, or click here.See omny.fm/listener for privacy information.