Do you think economic factors perpetuate racial inequality?
Economics and race have always been tied. It's hard to understand racism without a fundamental understanding of how economics play into the inequalities of our lives. Contemporary wealth inequality is a perfect example. Demos recently published a report showing the average white family has $111,146 in wealth holdings, while the average black family had $7,113 and the average Latino family $8,348. These disparities are huge! They are not simply the function of some groups working harder than others -- instead, they result from differences in the opportunity to accumulate wealth. The history of unequal home loans, access to higher education, as well as wage gaps, have allowed whites to gain advantages at the expense of other racial groups. However, contemporary racism often asks us to ignore the role of the past on the present, which turns a blind eye to the hands of inequality in the past and present.