The Racial Wealth Gap? It All Comes Down to Black Banks | Amanpour and Company
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Published 2020-07-15
Originally aired on July 15, 2020.
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Amanpour and Company features wide-ranging, in-depth conversations with global thought leaders and cultural influencers on the issues and trends impacting the world each day, from politics, business and technology to arts, science and sports. Christiane Amanpour leads the conversation on global and domestic news from London with contributions by prominent journalists Walter Isaacson, Michel Martin, Alicia Menendez and Hari Sreenivasan from the Tisch WNET Studios at Lincoln Center in New York City.
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All Comments (21)
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Wow. We literally have the answers but the folks that need to watch this wont acknowledge that there's even a problem. Thank you for your bravery professor.
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I read this book a year ago; it is very eye opening. The American banking system is the definition of systemic racism.
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Wow! An academic who is engaged, goes down history on a path less travelled, shares her righteous anger and burning sense of injustice ....and then comes up with a friendly, practical and unthreatening idea like Postal Banking that could be so transformative! Just brilliant!
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The truth ain’t hard to FIND! White Americans love government help as long it’s not called government help. Thank you for a great show
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Black people have been saying this for years, decades even. When a white woman speaks on it it is somehow revelatory and newsworthy. Amazing
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This professor is profoundly brilliant in doing a thorough investigation on the history of economic disparity and highlighting those strong points in such a clear and simplified manner. Her arguments stand firm against opposing view points coming from blacks and whites who frown on the call for reparation. This was an excellent and informative interview very much needed and appreciated.
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A person can not move ahead in life without opportunity. You need a chance to grow and thrive. You also need money.
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Merhsa Baradaran is brilliant in this clip. There are way too many people still blaming the victims of historical and current institutional racism instead of the perpetrators.
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I lived in Chester, California in the 70’s. A black family moved in there and a week later a group of teenagers stoned their house late at night breaking all the windows. The sheriff’s son was one of the teenagers. My father was the town doctor and sympathetic toward black peoples. I was a child then an my father was really upset but could do nothing. The black family moved out immediately.
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Wish I was surprised- but expecting the worst from our governments treatment of black people has never turned out better than anticipated. Would love to see this history lesson taught in elementary school, as it should be, and have those kids go home and tell their parents The different responses of the different parents. In the white homes variations of " That can't be true. Can it?"
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Read her book along with The Color of Law.
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We have been cut out of home loans ,,jobs, public housing
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It's incredible...I just learned more about America & being Black in it in 15 minutes than I ever learned in 12+yrs of public school 👍💯🤷😎
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"The Banker" with Samuel L. Jackson is great movie to watch regarding racism in the banking industry. The movie was never released in theaters as scheduled in 2019.
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This is why the Mafia went 'legit' and black men went to Attica! Different banking trajectories. Keep the wealth under wraps like in NC. Co-housing creates wealth. Own land to counter voter suppression.
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Her book is on my list to read. Love the way she goes into historical facts. As someone who’s been in financial services before, I’ve been hearing this for years. Postal banking is successful in Europe and they had it in China when I lived there. Why is it so hard for America to do this?.. The entire credit system needs an overhaul.. Americans are obsessed with credit because banks tell us we need to be.
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Sort of like what Neely Fuller always say. "In the system of racism whyte supremacy, a whyte person is the only person who can legitimately point out racial inequalities. As a black person, you cannot be taking seriously if you point out racism. You have to get a whyte, non black person to point out racism in the system of racism whyte supremacy. It's the unwritten law."
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Race, is just that. It's a race to stay on top. Every thing they do is a part of the game to stay ahead. Thus keeping the supremacy going. Think about it
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This speaks to the resilience of a people.
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God bless her for exposing the TRUTH. She is a messenger 💯 America is going to keep unraveling and taking this ass whooping judgement. It had it’s chances to get it right and now the last will be first 🔥
