- Racial equity and the democratic economy
Racial equity and the democratic economy
The racial wealth gap didn’t just happen. The forces that contributed to these gaps include the colonization of native lands, the institution of slavery, decades of state-sanctioned segregation, and a history of structural racism and discriminatory policies that boxed these groups of color out of the nation’s income and wealth creation machinery.
Building a truly democratic economy means having the courage to collectively center and confront the effects of historical and ongoing racism in the way today’s economy is built, and committing to making sure those most effected by racism in the current system have the resources they need to play a leading role in the design of what comes next.