Download or read book The Debt written by Randall Robinson and published by Penguin. This book was released on 2001-01-01 with total page 273 pages. Available in PDF, EPUB and Kindle. Book excerpt: Both an unflinching indictment of past wrongs and an impassioned call to America to educate its citizens about the history of Africa and its people, The Debt says in no uncertain terms what white America owes blacks—and what blacks owe themselves. In this powerful and controversial book, distinguished African-American political leader and thinker Randall Robinson argues for the restoration of the rich history that slavery and segregation severed. Drawing from research and personal experience, he shows that only by reclaiming their lost past and proud heritage can blacks lay the foundation for their future. And white Americans can begin making reparations for slavery and the century of racial discrimination that followed with monetary restitution, educational programs, and the kinds of equal opportunities that will ensure the social and economic success of all citizens. “Engaging...Robinson continues an important conversation...His anecdotes support his attempts to reclaim African American heritage and empower African Americans.”—The Washington Post

Download or read book America s Debt To The Black Man written by Clayton Cowart and published by Lulu.com. This book was released on 2016-07-29 with total page 244 pages. Available in PDF, EPUB and Kindle. Book excerpt: Today America seems to be in a real turmoil, it almost looks as if everywhere you turn there is some type of conflict taking place between whites and blacks. No other ethnic groups seem to have such an ongoing clash in the west, but the blacks and whites. America has in it several groups from all over the world; Hispanics, Europeans, Africans etc. Yet there seems to be only two groups at odds with one another regardless of what is done. This can be seen in the KKK, Black Panthers, Nation of Islam and the Skin Heads despite the name of the hate group it all boils down to one thing; Black and White. Why is there such a rivalry between blacks and whites in America; it goes back hundreds of years ago?

Download or read book Quitting America written by Randall Robinson and published by Dutton Books. This book was released on 2004 with total page 266 pages. Available in PDF, EPUB and Kindle. Book excerpt: Robinson, the man hailed by Cornel West as "the greatest pro-Africa freedom fighter of his generation in America" makes a striking departure, figuratively and literally: He leaves America for a life in the Caribbean.

Download or read book From Here to Equality Second Edition written by William A. Darity Jr. and published by UNC Press Books. This book was released on 2022-07-27 with total page 443 pages. Available in PDF, EPUB and Kindle. Book excerpt: Racism and discrimination have choked economic opportunity for African Americans at nearly every turn. At several historic moments, the trajectory of racial inequality could have been altered dramatically. But neither Reconstruction nor the New Deal nor the civil rights struggle led to an economically just and fair nation. Today, systematic inequality persists in the form of housing discrimination, unequal education, police brutality, mass incarceration, employment discrimination, and massive wealth and opportunity gaps. Economic data indicates that for every dollar the average white household holds in wealth the average black household possesses a mere ten cents. This compelling and sharply argued book addresses economic injustices head-on and make the most comprehensive case to date for economic reparations for U.S. descendants of slavery. Using innovative methods that link monetary values to historical wrongs, William Darity Jr. and A. Kirsten Mullen assess the literal and figurative costs of justice denied in the 155 years since the end of the Civil War and offer a detailed roadmap for an effective reparations program, including a substantial payment to each documented U.S. black descendant of slavery. This new edition features a new foreword addressing the latest developments on the local, state, and federal level and considering current prospects for a comprehensive reparations program.

Download or read book The Reckoning written by Randall Robinson and published by Dutton Adult. This book was released on 2002 with total page 290 pages. Available in PDF, EPUB and Kindle. Book excerpt: The author describes the need for African Americans of all ages, classes, and economic levels to help provide solutions to the problems of America's inner cities.

Download or read book Lost Decades The Making of America s Debt Crisis and the Long Recovery written by Menzie D. Chinn and published by W. W. Norton & Company. This book was released on 2011-09-19 with total page 259 pages. Available in PDF, EPUB and Kindle. Book excerpt: A clear, authoritative guide to the crisis of 2008, its continuing repercussions, and the needed reforms ahead. The U.S. economy lost the first decade of the twenty-first century to an ill-conceived boom and subsequent bust. It is in danger of losing another decade to the stagnation of an incomplete recovery. How did this happen? Read this lucid explanation of the origins and long-term effects of the recent financial crisis, drawn in historical and comparative perspective by two leading political economists. By 2008 the United States had become the biggest international borrower in world history, with more than two-thirds of its $6 trillion federal debt in foreign hands. The proportion of foreign loans to the size of the economy put the United States in league with Mexico, Indonesia, and other third-world debtor nations. The massive inflow of foreign funds financed the booms in housing prices and consumer spending that fueled the economy until the collapse of late 2008. This was the most serious international economic crisis since the Great Depression of the 1930s. Menzie Chinn and Jeffry Frieden explain the political and economic roots of this crisis as well as its long-term effects. They explore the political strategies behind the Bush administration’s policy of funding massive deficits with foreign borrowing. They show that the crisis was foreseen by many and was avoidable through appropriate policy measures. They examine the continuing impact of our huge debt on the continuing slow recovery from the recession. Lost Decades will long be regarded as the standard account of the crisis and its aftermath.

Download or read book Who Will Pay Reparations on My Soul written by Jesse McCarthy and published by National Geographic Books. This book was released on 2021-03-30 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Ranging from Ta-Nehisi Coates’s case for reparations to Toni Morrison’s revolutionary humanism to D’Angelo’s simmering blend of R&B and racial justice, Jesse McCarthy’s bracing essays investigate with virtuosic intensity the art, music, literature, and political stances that have defined the twenty-first century. Even as our world has suffered through successive upheavals, McCarthy contends, “something was happening in the world of culture: a surging and unprecedented visibility at every level of black art making.” Who Will Pay Reparations on My Soul? reckons with this resurgence, arguing for the central role of art and intellectual culture in an age of widening inequality and moral crisis. McCarthy reinvigorates the essay form as a space not only for argument but for experimental writing that mixes and chops the old ways into new ones. In “Notes on Trap,” he borrows a conceit from Susan Sontag to reveal the social and political significance of trap music, the drug-soaked strain of Southern hip-hop that, as he puts it, is “the funeral music that the Reagan Revolution deserves.” In “Back in the Day,” McCarthy, a black American raised in France, evokes his childhood in Paris through an elegiac account of French rap in the 1990s. In “The Master’s Tools,” the relationship between Spanish painter Diego Velázquez and his acolyte-slave, Juan de Pareja, becomes the lens through which Kehinde Wiley’s paintings are viewed, while “To Make a Poet Black” explores the hidden blackness of Sappho and the erotic power of Phillis Wheatley. Essays on John Edgar Wideman, Claudia Rankine, and Colson Whitehead survey the state of black letters. In his title essay, McCarthy takes on the question of reparations, arguing that true progress will not come until Americans remake their institutions in the service of true equality. As he asks, “What can reparations mean when the damage cannot be accounted for in the only system of accounting that a society recognizes?” For readers of Teju Cole’s Known and Strange Things and Mark Greif’s Against Everything, McCarthy’s essays portray a brilliant young critic at work, making sense of our disjointed times while seeking to transform our understanding of race and art, identity and representation.

Download or read book The 13 Trillion Question written by David Wessel and published by Brookings Institution Press. This book was released on 2015-11-24 with total page 178 pages. Available in PDF, EPUB and Kindle. Book excerpt: The underexamined art and science of managing the federal government's huge debt. Everyone talks about the size of the U.S. national debt, now at $13 trillion and climbing, but few talk about how the U.S. Treasury does the borrowing—even though it is one of the world's largest borrowers. Everyone from bond traders to the home-buying public is affected by the Treasury's decisions about whether to borrow short or long term and what types of bonds to sell to investors. What is the best way for the Treasury to finance the government's huge debt? Harvard's Robin Greenwood, Sam Hanson, Joshua Rudolph, and Larry Summers argue that the Treasury could save taxpayers money and help the economy by borrowing more short term and less long term. They also argue that the Treasury and the Federal Reserve made a huge mistake in recent years by rowing in opposite directions: while the Fed was buying long-term bonds to push investors into other assets, the Treasury was doing the opposite—selling investors more long-term bonds. This book includes responses from a variety of public and private sector experts on how the Treasury does its borrowing, some of whom have criticized the way the Treasury has been managing its borrowing.

Download or read book In the Red and in the Black written by Erika Vause and published by University of Virginia Press. This book was released on 2018-11-09 with total page 306 pages. Available in PDF, EPUB and Kindle. Book excerpt: "The most dishonorable act that can dishonor a man." Such is Félix Grandet’s unsparing view of bankruptcy, adding that even a highway robber—who at least "risks his own life in attacking you"—is worthier of respect. Indeed, the France of Balzac’s day was an unforgiving place for borrowers. Each year, thousands of debtors found themselves arrested for commercial debts. Those who wished to escape debt imprisonment through bankruptcy sacrificed their honor—losing, among other rights and privileges, the ability to vote, to serve on a jury, or even to enter the stock market. Arguing that French Revolutionary and Napoleonic legislation created a conception of commercial identity that tied together the debtor’s social, moral, and physical person, In the Red and in the Black examines the history of debt imprisonment and bankruptcy as a means of understanding the changing logic of commercial debt. Following the practical application of these laws throughout the early nineteenth century, Erika Vause traces how financial failure and fraud became legally disentangled. The idea of personhood established in the Revolution’s aftermath unraveled over the course of the century owing to a growing penal ideology that stressed the state’s virtual monopoly over incarceration and to investors’ desire to insure their financial risks. This meticulously researched study offers a novel conceptualization of how central "the economic" was to new understandings of self, state, and the market. Telling a story deeply resonant in our own age of ambivalence about the innocence of failures by financial institutions and large-scale speculators, Vause reveals how legal personalization and depersonalization of debt was essential for unleashing the latent forces of capitalism itself.

Download or read book The Sum of Us written by Heather McGhee and published by One World. This book was released on 2022-02-08 with total page 465 pages. Available in PDF, EPUB and Kindle. Book excerpt: NEW YORK TIMES BESTSELLER • LONGLISTED FOR THE NATIONAL BOOK AWARD • One of today’s most insightful and influential thinkers offers a powerful exploration of inequality and the lesson that generations of Americans have failed to learn: Racism has a cost for everyone—not just for people of color. WINNER OF THE PORCHLIGHT BUSINESS BOOK AWARD • ONE OF THE BEST BOOKS OF THE YEAR: Time, The Washington Post, St. Louis Post-Dispatch, Ms. magazine, BookRiot, Library Journal “This is the book I’ve been waiting for.”—Ibram X. Kendi, #1 New York Times bestselling author of How to Be an Antiracist Look for the author’s podcast, The Sum of Us, based on this book! Heather McGhee’s specialty is the American economy—and the mystery of why it so often fails the American public. From the financial crisis of 2008 to rising student debt to collapsing public infrastructure, she found a root problem: racism in our politics and policymaking. But not just in the most obvious indignities for people of color. Racism has costs for white people, too. It is the common denominator of our most vexing public problems, the core dysfunction of our democracy and constitutive of the spiritual and moral crises that grip us all. But how did this happen? And is there a way out? McGhee embarks on a deeply personal journey across the country from Maine to Mississippi to California, tallying what we lose when we buy into the zero-sum paradigm—the idea that progress for some of us must come at the expense of others. Along the way, she meets white people who confide in her about losing their homes, their dreams, and their shot at better jobs to the toxic mix of American racism and greed. This is the story of how public goods in this country—from parks and pools to functioning schools—have become private luxuries; of how unions collapsed, wages stagnated, and inequality increased; and of how this country, unique among the world’s advanced economies, has thwarted universal healthcare. But in unlikely places of worship and work, McGhee finds proof of what she calls the Solidarity Dividend: the benefits we gain when people come together across race to accomplish what we simply can’t do on our own. The Sum of Us is not only a brilliant analysis of how we arrived here but also a heartfelt message, delivered with startling empathy, from a black woman to a multiracial America. It leaves us with a new vision for a future in which we finally realize that life can be more than a zero-sum game. LONGLISTED FOR THE ANDREW CARNEGIE MEDAL

Download or read book The Whiteness of Wealth written by Dorothy A. Brown and published by Crown. This book was released on 2022-03-22 with total page 289 pages. Available in PDF, EPUB and Kindle. Book excerpt: A groundbreaking exposé of racism in the American taxation system from a law professor and expert on tax policy NAMED ONE OF THE BEST BOOKS OF THE YEAR BY NPR AND FORTUNE • “Important reading for those who want to understand how inequality is built into the bedrock of American society, and what a more equitable future might look like.”—Ibram X. Kendi, #1 New York Times bestselling author of How to Be an Antiracist Dorothy A. Brown became a tax lawyer to get away from race. As a young black girl growing up in the South Bronx, she’d seen how racism limited the lives of her family and neighbors. Her law school classes offered a refreshing contrast: Tax law was about numbers, and the only color that mattered was green. But when Brown sat down to prepare tax returns for her parents, she found something strange: James and Dottie Brown, a plumber and a nurse, seemed to be paying an unusually high percentage of their income in taxes. When Brown became a law professor, she set out to understand why. In The Whiteness of Wealth, Brown draws on decades of cross-disciplinary research to show that tax law isn’t as color-blind as she’d once believed. She takes us into her adopted city of Atlanta, introducing us to families across the economic spectrum whose stories demonstrate how American tax law rewards the preferences and practices of white people while pushing black people further behind. From attending college to getting married to buying a home, black Americans find themselves at a financial disadvantage compared to their white peers. The results are an ever-increasing wealth gap and more black families shut out of the American dream. Solving the problem will require a wholesale rethinking of America’s tax code. But it will also require both black and white Americans to make different choices. This urgent, actionable book points the way forward.

Download or read book Unpayable Debt written by Denise Ferreira Da Silva and published by National Geographic Books. This book was released on 2022-08-23 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Coloniality, raciality, and global capitalism from a black feminist “poethical” perspective. Unpayable Debt examines the relationships among coloniality, raciality, and global capital from a black feminist “poethical” perspective. Inspired by Octavia E. Butler's 1979 sci-fi novel Kindred, in which an African-American writer is transported back in time to the antebellum South to save her owner-ancestor, Unpayable Debt relates the notion of value to coloniality—both economic and ethical. Focusing on the philosophy behind value, Denise Ferreira da Silva exposes capital as the juridical architecture and ethical grammar of the world. Here, raciality—a symbol of coloniality—justifies deployments of total violence to enable expropriation and land extraction. This is the first volume in the On the Political series.

Download or read book A Dream Foreclosed written by Laura Gottesdiener and published by Zuccotti Park Press. This book was released on 2013 with total page 210 pages. Available in PDF, EPUB and Kindle. Book excerpt: A moving exploration of homeownership, freedom, and the American Dream in light of the ongoing financial crisis and mass foreclosure.

Download or read book The Case for Black Reparations written by Boris Bittker and published by Beacon Press. This book was released on 2003-05-15 with total page 212 pages. Available in PDF, EPUB and Kindle. Book excerpt: The groundbreaking first book on black reparations, essential reading for the twenty-first century Originally published in 1972, Boris Bittker's riveting study of America's debt to African-Americans was well ahead of its time. Published by Toni Morrison when she was an editor, the book came from an unlikely source: Bittker was a white professor of law at Yale University who had long been ambivalent about the idea of reparations. Through his research into the history and theory of reparations-namely the development and enforcement of lawsdesigned to compensate groups for injustices imposed on them-he found that it wasn't a'crazy, far-fetched idea.' In fact, beginning with post-Civil War demands for forty acres and a mule, African-American thinkers have long made the case that compensatory measures are justified not only for the injury of slavery but for the further setbacks of almost a century of Jim Crow laws and forced school and job segregation, measures that effectively blocked African-Americans from enjoying the privledges of citizenship. The publication of important recent books by black scholars like Randall Robinson and the growth of a highly vocal reparations movement in the beginning of this century make this book, long unavailable, essential reading. Bittker carefully illuminates the historical provisions and statutes for legitimate claims to reparations, the national and international precedents for such claims, and most important, the obstacles to a national policy of reparations.

Download or read book New Negro Old Left written by William J. Maxwell and published by Columbia University Press. This book was released on 1999 with total page 294 pages. Available in PDF, EPUB and Kindle. Book excerpt: Maxwell uncovers both black literature's debt to Communism and Communism's debt to black literature, reciprocal obligations first incurred during the Harlem Renaissance.

Download or read book Oil Dollars Debt and Crises written by Mahmoud A. El-Gamal and published by Cambridge University Press. This book was released on 2010 with total page 232 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book explains the links between past and present oil crises, financial crises, and geopolitical conflicts.

Download or read book White House Burning written by Simon Johnson and published by Vintage. This book was released on 2013-02-12 with total page 386 pages. Available in PDF, EPUB and Kindle. Book excerpt: From the authors of the national bestseller 13 Bankers, a chilling account of America’s unprecedented debt crisis: how it came to pass, why it threatens to topple the nation as a superpower, and what needs to be done about it. With bracing clarity, White House Burning explains why the national debt matters to your everyday life. Simon Johnson and James Kwak describe how the government has been able to pay off its debt in the past, even after the massive deficits incurred as a result of World War II, and analyze why this is near-impossible today. They closely examine, among other factors, macroeconomic shifts of the 1970s, Reaganism and the rise of conservatism, and demographic changes that led to the growth of major—and extremely popular—social insurance programs. What is unquestionably clear is how recent financial turmoil exacerbated the debt crisis while creating a political climate in which it is even more difficult to solve.