A Black Agenda Radio commentary by Glen Ford
Over the past 40 years, income inequality and housing segregation within the Black community has bee far more pronounced than in white America. A new study paints a picture of volatile Black neighborhoods pushed and pulled by income inequalities that have also wreaked vast changes on the larger American landscape, as “affluent people cluster in gentrified areas where lower income people cannot live, and poor people also become more concentrated.”
Massive Growth of Segregation by Income Among Blacks
A Black Agenda Radio commentary by Glen Ford
“Housing segregation among Blacks and Hispanics has, in fact, increased much more sharply than among whites since 1970.”
A new report
The New York Times did an article
“The biggest jump in Black income inequality occurred between 1970 and 1990.”
Until the 1970s, there was less income inequality among Blacks than among white families, but since then intra-Black inequality has grown four times as much. The biggest jump in Black income inequality occurred between 1970 and 1990. It was during this same period that discrimination against Blacks in housing declined, allowing those families that could afford to leave ghetto neighborhoods, to do so. What the study shows is a very volatile Black community, with neighborhoods undergoing much more economic change than their white counterparts.
In the 1990s, the trend towards greater income inequality among Blacks slowed. That’s probably because the 90s was the most generally prosperous decade for Blacks of all incomes, which tended to moderate the growth of high density poverty in lower-income Black neighborhoods.
Then, something strange happened. When the first decade of the 21st century came along, economic data showed little reason to expect increased income segregation among Blacks. Nevertheless, a rapid increase did occur, despite a bad economy for African Americans. The authors believe the increase was due to more lenient mortgage lending practices, the spread of sub-prime lending targeting Black and Latino neighborhoods. This, of course, was the bubble that is still bursting, which has led to the most catastrophic loss of Black wealth in history.
This story, of heightened African American mobility and volatile Black neighborhoods over the past 40 years, has no interest to the New York Times , even when they are handed a study that is chock-a-block with the facts.
For Black Agenda Radio, I'm Glen Ford. On the web, to to www.BlackAgendaReport.com .
BAR executive editor Glen Ford can be contacted at Glen.Ford@BlackAgendaReport.com .
The US Treasury Secretary admits Washington engineered a dollar shortage in Iran, triggering currency collapse, economic unrest, and foreign-backed riots against that state.
The son of President Muammar Qaddaffi, Saif Qaddafi, has been assassinated by local forces, some of whom contributed to the destruction of a flourishing Libya. A background to the murder and…
Nicaragua has built a resilient economy against the odds. Now, that success is being met with escalating economic attacks from the U.S.
In this week’s segment, we analyze the first month of Zohran Mamdani’s administration as mayor of New York City. But we begin with discussion of a new book from an activist and writer about the…
We're joined by Arlene Eisen, author of the new book, In the Worldwide Family of Militant Women, published by Iskra Books. Arlene Eisen has been a militant in the struggle against imperialism since…
