Persistent Racial Disparity, Wealth and the Economic Surplus as the Fund for Reparations in the United States
Kellin Stanfield
Journal of Economic Issues, 2011, vol. 45, issue 2, 343-352
Abstract:
Wealth disparity is a critical factor in the perpetuation of blackwhite disparity in the United States. Intergenerational wealth transfers are the major determinant of household wealth formation. A program of reparations would acknowledge past and continued injustice, redress such injustices, and provide closure. Radical institutional analysis benefits this policy discussion in at least three areas: explaining the re-creation of discrimination; indicating the role of wealth disparity; and identifying the funding source for reparations. For centuries the economic surplus has enhanced white wealth relative to black wealth. A program of reparations suggests directing the surplus toward funding black-white equality.
Date: 2011
References: Add references at CitEc
Citations:
Downloads: (external link)
http://hdl.handle.net/10.2753/JEI0021-3624450211 (text/html)
Access to full text is restricted to subscribers.
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:mes:jeciss:v:45:y:2011:i:2:p:343-352
Ordering information: This journal article can be ordered from
http://www.tandfonline.com/pricing/journal/MJEI20
DOI: 10.2753/JEI0021-3624450211
Access Statistics for this article
More articles in Journal of Economic Issues from Taylor & Francis Journals
Bibliographic data for series maintained by Chris Longhurst ().