Covid-19: … Beyond the pandemic’s upheaval, a racial wealth gap endures

Covid-19: … Beyond the pandemic’s upheaval, a racial wealth gap endures

Without dedicated funds — the kind of programs that enabled white families to build assets — it won’t be possible for African-Americans to bridge the wealth gap, said Mehrsa Baradaran, a law professor at the University of California, Irvine, and the author of “The Color of Money: Black Banks and the Racial Wealth Gap.” She paraphrased a 1968 presidential campaign slogan of Hubert Humphrey: “You can’t have Black capitalism without capital.”