This week’s Race + Power newsletter examines a critical issue that must be addressed to advance racial justice: closing the Black-white wealth gap. First, Gary Cunningham discusses the need to craft an explicitly pro-Black agenda to close this growing gap. Next, we feature an article by NPQ’s Steve Dubb on a report that exposes how predatory lending strips wealth from low-income Black Americans. Then, john a. powell, discusses how a narrative framework of “targeted universalism” can inform efforts to close the racial wealth gap. Finally, considering real estate’s outsized role in wealth accumulation under racial capitalism, we present an article from the archive on one approach to bridging the gap: boosting Black American homeownership.
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