Thread by @MichelleHiskey

listening to @SandyDarity opening up a talk about the Black wealth gap with anecdote about @Morehouse president Benjamin Mays in India dining with untouchables. Mays was considered an American untouchable in India, which after his initial indignity, he accepted.

@DukeBlackAlumni sponsoring this webinar.

@SandyDarity : wealth more impt than income.

the gap

Black real estate ownership is 30 percentage points lower than whites @SandyDarity

wealth by race is concentrated in the top 10 percent, both black and white. but the amount of money is unequal -- the pies are not even close to being same.

not all of these are based on wealth.
because -- you're not going to get wealth based on stimulus checks, etc
@SandyDarity "Running the Numbers on closing the racial wealth gap" report in 2019 -- these policies don't do much

From Here to Equality is @sandydarity new book on reparations. @DukeSocialEQ
Central theme is: the case of reparations based on 3 phases of atrocities. 1. slavery 2. legal segregation for 100 years 3. ongoing atrocities like #massincarceration, police brutality, lots more

Emancipation -- 1 pct of US wealth belonged to Blacks
now -- 2.5 pct of US wealth belongs to Blacks

$10-12T needed to even the wealth gap.

i'm curious about the lowest decile/quintile of Black wealth -- it's negative -- debt -- which is economic enslavement

Dr. Darity's co-author and life partner is Kirsten Mullen and this is their book. amazon.com/Here-Equality-…

@DukeSocialEQ studying race, religion and health outcomes. Seventh Day Adventists who are Black have best health outcomes for all Blacks. Vegan/austere diets.

Also studying Black entrepreneurs, unlike White, start from scratch. White more likely to have a business given/bought.

Also @dukesocialeq documentary The Shame of Chicago about systematic taking of $4B in property from Black property owners. Bruce Orenstein filmmaker.