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Cover image for book The Hidden Cost of Being African American

The Hidden Cost of Being African American

How Wealth Perpetuates Inequality
By:Thomas M. Shapiro
Publisher:Oxford University Press Academic US
Print ISBN:9780195151473
eText ISBN:9780199839650
Edition:0
Copyright:2003
Format:Reflowable

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Thomas Shapiro reveals how the lack of family assets--inheritance, home equity, stocks, bonds, savings accounts, and other investments-- along with continuing racial discrimination in crucial areas like homeownership dramatically impact the everyday lives of many black families, reversing gains earned in schools and on jobs, and perpetuating the cycle of poverty in which far too many find themselves trapped.

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