I'll go on a little rant about this paper in @QJEHarvard if only for its treatment of the literature. As it's clearly not the first paper to analyze Black economic progress after slavery, we'll focus on the value-added over previous research. An important reference here is Sacerdote (ReStat 2005) "Slavery and the Intergenerational Transmission of Human Capital".
The American Black Bourgeoisie, a story
*The American Black Bourgeoisie is affirmed on this date in 1619. They are America’s Black upper class based on financial income. The Black Bourgeoisie comprises engineers, lawyers, accountants, doctors, politicians, business executives, venture capitalists, CEOs, celebrities, entertainers, entrepreneurs, and heirs with annual incomes of $200,000 or more. This social class sometimes referred to as the […]
The Origin and Future of Economic Inequality
NAACP Unveils Blueprint for Building Black Wealth
The NAACP's new roadmap aims to help Black families build assets, close the racial wealth gap and create generational wealth.
NAACP Unveils Blueprint for Building Black Wealth
The NAACP's new roadmap aims to help Black families build assets, close the racial wealth gap and create generational wealth.
‘Buy now, pay later’ is becoming a major part of how Black America affords the everyday
As “Buy now, pay later” options continue to rise in popularity, more and more question what this says about the economy.
Can We Detect the Effects of Racial Violence on Patenting? Reanalyzing an Article by Lisa Cook · Econ Journal Watch : Reanalysis, replication, conflict, innovation
In 2014, Lisa Cook published an article in Journal of Economic Growth titled, “Violence and Economic Activity: Evidence from African American Pa…
CMV: The labor theory of value is flawed
72 votes, 407 comments. This might be an obscure topic, however, in some—largely Marxist circles— the approach seems to motivate much of the dialogue…
The Case for Reparations
Two hundred fifty years of slavery. Ninety years of Jim Crow. Sixty years of separate but equal. Thirty-five years of racist housing policy. Until we reckon with our compounding moral debts, America will never be whole.
Slave Songbook : Origin of the negro Spiritual
Anarchism and The Black Revolution and Other Essays
An analysis of white supremacy vs the black struggle an…
Social Reproduction Theory: Remapping Class, Recentering Oppression
This groundbreaking collection explores the profound power of Social Reproduction Theory to deepen our understanding of everyday life under capitalism. While many Marxists tend to focus on the productive economy, this book focuses on issues such as child care, health care, education, family life and the roles of gender, race and sexuality, all of which are central to understanding the relationship between economic exploitation and social oppression. In this book, leading writers such as Lise Vogel, Nancy Fraser, David McNally and Susan Ferguson reveal the ways in which daily and generational reproductive labour, found in households, schools, hospitals and prisons, also sustains the drive for accumulation. Presenting a more sophisticated alternative to intersectionality, these essays provide ideas which have important strategic implications for anti-capitalists, anti-racists and feminists attempting to find a path through the seemingly ever more complex world we live in.
Is Inequality Inevitable?
Wealth naturally trickles up in free-market economies, model suggests
Black Marxism, Revised and Updated Third Edition by Cedric J Robinson | East Bay Booksellers
In this ambitious work, first published in 1983, Cedric Robinson demonstrates that efforts to understand Black people’s history of resistance solely through the prism of Marxist theory are incomplete and inaccurate.
013 - Olivier De Schutter on Why the Economy Creates Poverty – and How To Fix It
if there's one conclusion that the study of both labor history and imperialism converge on, it is that the richest people in the world are happy to burn money on control, power, impunity. and the "everything is about profit" version of anti-capitalism does not survive serious contact with either
Leonard Pierce
Adding to this thread: it’s a common mistake (I’ve made it myself, many times) to think of the motivations of the capitalist elites as essentially mercantilist: that is, that they are largely still motivated *entirely* by profit and loss, selling product, etc. This has not been true for a while.
