Intercepted Podcast : The White Stuff

/intercepted-podcast-the-white-stuff

  • Intercepted Podcast: The White Stuff
    https://theintercept.com/2017/10/11/intercepted-podcast-the-white-stuff

    Very strong episode of Intercepted. Three interviews: first Ta-Nehisi Coates then Mehrsa Baradaran about her book “The Color of Money: Black Banks and the Racial Wealth Gap.” and then the lead singer of the Lebanese-American band Mashrou’ Leila.

    The stats about the continuing financial inequalities between blacks and whites even after 150 years since the Emancipation Proclamation are staggering:

    The most staggering statistic is after the Emancipation Proclamation is signed, blacks own .5 percent of the nation’s wealth. This is obvious, right? They were capital and they can’t own it now. Today it’s like 1.5, 2 percent. So there really hasn’t been that much progress. But that makes sense if you understand how other people make wealth.

    #podcast #intercepted