Racism is a seeping system of forces that effectively keep people of color in a permanent second-class status. It’s the foundational fabric of our society. Woven with values, attitudes, stereotypes, policies, economics, and laws. Jim Crow was replaced with a host of shiny, new laws that were just as racist but looked better on the surface. This has made it harder than ever for White America to see the truth. Let’s take a stroll down memory lane. Stop 1, wealth. Between 1934 and 1962, the government backed 120 billion dollars of home loans, but they refused to give out home loans to blacks, or even if blacks lived nearby. This practice called red lining essentially forced Black Americans into poor, urban centers; the beginnings of “the ghetto”. This as a result deterred investments toward investing in the future of black neighborhoods, while also making it impossible for black Americans to start inheriting property and wealth the same way white Americans
Racism is a seeping system of forces that effectively keep people of color in a permanent second-class status. It’s the foundational fabric of our society. Woven with values, attitudes, stereotypes, policies, economics, and laws. Jim Crow was replaced with a host of shiny, new laws that were just as racist but looked better on the surface. This has made it harder than ever for White America to see the truth. Let’s take a stroll down memory lane. Stop 1, wealth. Between 1934 and 1962, the government backed 120 billion dollars of home loans, but they refused to give out home loans to blacks, or even if blacks lived nearby. This practice called red lining essentially forced Black Americans into poor, urban centers; the beginnings of “the ghetto”. This as a result deterred investments toward investing in the future of black neighborhoods, while also making it impossible for black Americans to start inheriting property and wealth the same way white Americans