Black Wealth / White Wealth

Taking issue with those who point to an expanding black middle class as evidence of greater racial equality, this book demonstrates how an analysis of wealth - total assets and debts rather than income alone - uncovers a qualitatively different story about race in America. The book examines how and why low black entrepreneurship, limited access to capital, local and state policy, the rise of the modern suburb and the making of the urban ghetto have discouraged and impaired the ability of many blacks to accumulate wealth and opportunities for a better life.