The Economics of Racism in the United States

Paper Summary:

While Marian Wright Edelman, Anita Hill, Magic Johnson and Collin Powell are good examples of black leaders that are admired for their skills and character, there has also been enormous resistance in business, political organizations and communities to reduce racial inequality. The paper shows that even forty one years after the Civil Rights Act was passed in order to end racial discrimination in 1964, it is still very tough to be black in United States. The paper shows that, even more frustrating, the economic gains for blacks seem to have ended and even receded and a large group of black Americans remain lodged in the increasing social chaos of urban ghettos.

From the Paper:

"Discriminatory actions by individuals and organizations are not only pervasive, occurring in every sector of society, but also cumulative with effects limited neither to the time nor the particular structural area in which they occur. This process of discrimination, therefore, extends across generations, across organizations, and by one generation in one area to future generations in many related areas. We can say without a doubt that economics is not only the root cause of racism but also the underlying force that keeps the oppression in place."

More papers on The Economics of Racism in the United States:

• Book Review # 111021 : "The Wages of Whiteness"
• Essay # 51326 : "Racial Inequality in the U.S."
• Research Paper # 29171 : "Residential Segregation in the United States"

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