The Color of Money: Black Banks and the Racial Wealth Gap

(By Mehrsa Baradaran)

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Author Mehrsa Baradaran

“Book Descriptions: Law professor Mehrsa Baradaran uses the history of black banking from emancipation to the present as a vehicle for exploring the origins and persistence of the racial wealth gap in America. This is more than a history of financial institutions, though. It is a probing, revelatory study of racism and capitalism in the making of modern America, one that reveals how segregation, racial prejudice, and black economic disadvantage became mutually reinforcing.”