Jack Waters's Reviews > The Color of Money: Black Banks and the Racial Wealth Gap

A must-read. It talks about the domineering and persistent racial wealth gap and masterfully weaves the history of America into the pursuit. The focus is on black banks, ostensibly a site of wealth for black communities -- but are we as hoodwinked by the assumption that it's a good thing as bad-faith purveyors of them like Richard Nixon made them out to be? Baradaran's narrative has power and is essential reading so that we don't repeatedly make mistakes that seem to solve so-called problems when they tend to be mere bandaids. What I'm saying is we need to abolish Capitalism. The self-destructive contradictions of capitalism are a horror to live through, and I'm in a very privileged position.