Black Wealth/ White Wealth

Black Wealth/White Wealth offers a powerful portrait of racial inequality based on an analysis of private wealth. Taking issue with those who point to an expanding black middle class as evidence of greater racial equality, Black Wealth/White Wealth demonstrates how an analysis of wealth - total assets and debts rather than income alone - uncovers a qualitatively different story about race in America. Providing a comprehensive examination of how material assets are created, expanded and preserved, authors Oliver and Shapiro reveal the persistent and deep economic divide between blacks and whites.