> In my opinion there is a clear line from redlining, blockbusting, white flight & loan discrimination to the massive wealth gap among races we see today
Yes! And due to inheritance, wealth propagates within racial lines. White families build wealth subsidized by the government and have white kids, who have a huge advantage over non-whites due to the historical wealth accumulated.
It is a self-reinforcing and self-propagating process, and now, old whites use zoning laws to extract value from younger generations, particularly non-whites and poor whites, whose families don't own real estate.
Out of curiosity... forgetting rates for a moment and just checking on numbers of people, aren't there more white people in abject poverty than black people entirely in the USA?
Seems if the argument is that white wealth propagates - that there should be few poor white people anywhere. There has been no racism towards them, and lots of time to build up the "subsidized wealth".
I'm not crazy about all this generalization based on skin color.
> Out of curiosity... forgetting rates for a moment and just checking on numbers of people, aren't there more white people in abject poverty than black people entirely in the USA?
Yes, but that is irrelevant. Poverty rate is 9% for whites, 22% for blacks.
> Seems if the argument is that white wealth propagates - that there should be few poor white people anywhere. There has been no racism towards them, and lots of time to build up the "subsidized wealth".
There are fewer poor white people. The problem is that racism isn't the only factor in play here. Bad education, healthcare, etc. contribute to inequality.
There are issues in play both intra and inter races. As outright racially-driven policies were revoked, whites turned to using wealth as a way to block blacks, resulting in the side effect of punishing poor whites as well.
> I'm not crazy about all this generalization based on skin color.
This isn't generalization. Read the redlining maps. Look at household wealth broken by race, the difference is even sharper than income:
Yes! And due to inheritance, wealth propagates within racial lines. White families build wealth subsidized by the government and have white kids, who have a huge advantage over non-whites due to the historical wealth accumulated.
It is a self-reinforcing and self-propagating process, and now, old whites use zoning laws to extract value from younger generations, particularly non-whites and poor whites, whose families don't own real estate.