SOCIOL 131AC Lecture 13: Lecture 13
Document Summary
Unnatural causes: is inequality making us sick: part 5, place matters (29 minutes, available at the uc berkeley media resources center. You can watch it online with a ucb id. Another contemporary legacy of historical institutional racism. Income inequality not nearly as large as wealth inequality. In 1987: for every the average white family made, the average black family made sh. 58-60, but for every of net worth white families had, black families had sh. 08. Even if we look only at the middle class, racial disparities in wealth remain. Big part of the story is the legacy of institutional racism in federal/state policy: social security act, gi bill, housing policy. Allowed whites to accumulate vast sums of wealth and pass it to their children. To buy a home, need a home mortgage: qualified blacks more likely to be refused than qualified whites.