Modern Vectors of Economic Oppression

White Economic Advantage + Black Economic Suppression = Modern Vectors of Economic Racism

Reparation 4 Slavery - The Racial Wealth Gap - FINAL

Efforts toward repair will only be successful when white families have studied the history of enslavement and its aftereffects, understood our own family's role in upholding white supremacy, and investigated how vestiges of the enslavement era live on in our communities, contributing to the racial wealth gap.

Systemic racism infects every corner of our daily life.  Yet, to the extent we live in a white bubble, we may not even notice.  However, there are compelling reasons why overcoming racism in our economy is vitally important.  According to the W.K. Kellogg Foundation's 2018 report, "The Business Case for Racial Equity, a Strategy for Growth," racism is negatively affecting the US G.D.P.

The United States economy could be $8 trillion larger by 2050 if the country eliminated racial disparities in health, education, incarceration and employment, according to "The Business Case for Racial Equity: A Strategy for Growth." The gains would be equivalent to a continuous boost in GDP growth of 0.5 percent per year, increasing the competitiveness of the country for decades to come.

Consider each area documented in the chart below.  Read each section, then research conditions in your community.

 To facilitate change and unwind harm, we must first understand the damage we have done.

"For the (racial wealth) gap to be closed, America must undergo a vast social transformation produced by the adoption of bold national policies, policies that will forge a way forward by addressing, finally, the long-standing consequences of slavery, the Jim Crow years that followed, and ongoing racism and discrimination that exist in our society today."

W. Darity, D. Hamilton, M. Paul, A Aja, A. Price, A. Moore, and C. Chiopris

Learn about each modern vector of economic racism below: