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Race + Power Weekly

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.


To Close the Racial Wealth Gap, Craft an Explicit Pro-Black Agenda

 
How do racial justice movements close the racial wealth gap? By building an explicit pro-Black agenda that meets Black Americans’ needs within leading institutions. Watch the video and read more…
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Wealth Stripping by Design: The Impact of Predatory Lenders in Memphis

 
In Memphis, 114 storefronts offer payday loans, car title loans, and “flex” loans—at triple-digit interest rates. Black clergy and a regional CDFI aim to change that. Read more…
 
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Beyond Equity: Targeted Universalism and the Closing of the Racial Wealth Gap

 
To close racial disparities, focus not on what a disadvantaged group “lacks,” but on what we all deserve, and develop targeted strategies to achieve those universal goals. Read more…
 
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Closing the Racial Wealth Divide: A Plan to Boost Black Homeownership

 
The Black homeownership rate is little different today than it was when the Fair Housing Act of 1968 became law. Here are some action steps that can change that. Read more…
 
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