Title
The Hidden Cost Of Being African American: How Wealth Perpetuates Inequality,Used
Delivery time: 8-12 business days (International)
Over The Past Three Decades, Racial Prejudice In America Has Declined Significantly And Many African American Families Have Seen A Steady Rise In Employment And Annual Income. But Alongside These Encouraging Signs, Thomas Shapiro Argues In The Hidden Cost Of Being African American, Fundamental Levels Of Racial Inequality Persist, Particularly In The Area Of Asset Accumulationinheritance, Savings Accounts, Stocks, Bonds, Home Equity, And Other Investments. Shapiro Reveals How The Lack Of These Family Assets Along With Continuing Racial Discrimination In Crucial Areas Like Homeownership Dramatically Impact The Everyday Lives Of Many Black Families, Reversing Gains Earned In Schools And On Jobs, And Perpetuating The Cycle Of Poverty In Which Far Too Many Find Themselves Trapped.Shapiro Uses A Combination Of Indepth Interviews With Almost 200 Families From Los Angeles, Boston, And St. Louis, And National Survey Data With 10,000 Families To Show How Racial Inequality Is Transmitted Across Generations. We See How Those Families With Private Wealth Are Able To Move Up From Generation To Generation, Relocating To Safer Communities With Better Schools And Passing Along The Accompanying Advantages To Their Children. At The Same Time Those Without Significant Wealth Remain Trapped In Communities That Don'T Allow Them To Move Up, No Matter How Hard They Work. Shapiro Challenges White Middle Class Families To Consider How The Privileges That Wealth Brings Not Only Improve Their Own Chances But Also Hold Back People Who Don'T Have Them. This 'Wealthfare' Is A Legacy Of Inequality That, If Unchanged, Will Project Social Injustice Far Into The Future.Showing That Over Half Of Black Families Fall Below The Asset Poverty Line At The Beginning Of The New Century, The Hidden Cost Of Being African American Will Challenge All Americans To Reconsider What Must Be Done To End Racial Inequality.
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We provide a 2-year limited warranty, from the date of purchase for all our products.
If you believe you have received a defective product, or are experiencing any problems with your product, please contact us.
This warranty strictly does not cover damages that arose from negligence, misuse, wear and tear, or not in accordance with product instructions (dropping the product, etc.).
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Frequently Asked Questions
- Q: What is the main theme of 'The Hidden Cost of Being African American'? A: The main theme of the book is the persistent racial inequality in asset accumulation among African American families despite improvements in employment and income over the past few decades.
- Q: Who is the author of this book? A: The author of 'The Hidden Cost of Being African American' is Thomas M. Shapiro.
- Q: What type of research did the author use to support his arguments? A: Thomas Shapiro used a combination of in-depth interviews with almost 200 families and national survey data from 10,000 families to illustrate the transmission of racial inequality across generations.
- Q: How does the book address the concept of 'wealthfare'? A: The book discusses 'wealthfare' as a legacy of inequality that benefits those with wealth while perpetuating disadvantage for those without, highlighting the impact on social mobility.
- Q: What is the publication date of this book? A: The book was published on January 27, 2005.
- Q: How many pages does 'The Hidden Cost of Being African American' have? A: The book contains 258 pages.
- Q: What is the binding type of this book? A: The binding type of 'The Hidden Cost of Being African American' is paperback.
- Q: What issues does the book highlight regarding homeownership? A: The book highlights that continuing racial discrimination in homeownership significantly affects the ability of many Black families to accumulate wealth and move up socially.
- Q: Is this book suitable for understanding socio-economic issues? A: Yes, this book is suitable for readers interested in understanding socio-economic issues related to race and wealth inequality in America.
- Q: What category does this book fall under? A: The book falls under the category of Income Inequality.