Trends in median wealth by race

This disparity in wealth stems from a time in history when 90% of “blacks” in the U.S. could not only not acquire property but were themselves the property of others. The disparity has persisted, however, due to the antiblack racism that remains a central feature of the American economic system.

Trends in median wealth by race | Economic Policy Institute.

See also this Economic Snapshot that documents how “the richest 5 percent of households obtained roughly 82 percent of all the nation’s gains in wealth between 1983 and 2009.”

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