“The Color of Money” by Mehrsa Baradaran discusses the history of Black banks. The author endeavors to show the problems of relying on Black banks to solve the economic problems within the Black community. She shows that throughout history this has been an often repeated idea. Local Black banks and Black people have been tasked with guiding the community out of poverty.
Tag: <span>segregation</span>
“The Color of Law” by Richard Rothstein charts the history of how local, state, and federal government policies and programs segregated cities across America. It disputes the widely promoted idea that individual racism and racist beliefs were the sole cause of housing segregation and the resulting discrimination that followed. Reaching back to the first wave of the Great Migration in the 1920s, Rothstein thoroughly explains how in most cases, the government led the charge in creating segregated communities even in locations where none had previously existed and citizens had no desire for these restrictive zoning patterns.