A Letter to My White Friends and Colleagues
Описание книги
Learn how to address racial wealth disparity in the United States today From the life, professional experiences, and research of former Harvard Business School professor Steven Rogers, comes his boldly stated, A Letter to My White Friends and Colleagues . This informative epistle investigates the causes of racial wealth disparity in the United States and provides solutions for addressing it. Through extensive data and historical research, anecdotes, teaching, and case studies, it presents practical ways White people can work with and help the Black community. It teaches readers that eliminating the $153,000 wealth gap between Black and White people is the solution to over 75% of our problems and offers solutions to help improve Black-White racial relations in the United States. In straightforward language, filled with facts, stories, advice, and sometimes even humor, A Letter to My White Friends and Colleagues encourages every White person to share his/her wealth with the Black community—plain and simple. This book recommends that you spend a portion of your annual household budget with Black-owned companies. If more money is spent at Black-owned businesses, those companies can grow and create more jobs for Black people. Rogers also proposes White people make large savings deposits into Black-owned banks. These are the financial institutions that are the backbone of the Black community that provide loans to the Black community for businesses, education, automobiles, and home mortgages. And finally, he resolutely encourages White people to support government reparations to Black Americans who are descendants of Black men and women, who were enslaved from 1619 to 1865. Those who read the book will: Understand the root causes of racial disparities in America Discover how you can personally contribute to reducing the inequality between Black and White people in the United States today Get concrete recommendations on how to redirect your spending to Black-owned institutions to help decrease the racial wealth gap This groundbreaking book provides financial recommendations that you can put into practice today, using his helpful instructions in most of the chapters, to address the systemic inequality between White and Black Americans. Read A Letter to My White Friends and Colleagues and be part of the path forward.
Оглавление
Steven S. Rogers. A Letter to My White Friends and Colleagues
Table of Contents
List of Tables
List of Illustrations
Guide
Pages
A LETTER TO MY WHITE FRIENDS AND COLLEAGUES. WHAT YOU CAN DO RIGHT NOW TO HELP THE BLACK COMMUNITY
Preface: Social Unrest, Protests, and the Podcasts
Notes
Introduction
Notes
CHAPTER ONE Why Should You Trust My Advice? Who Am I?
The Anatomy of Race Men and Race Women
Race Men and Women in History
Contemporary Race Men and Women
The Makings of a Race Man
A Race Man in Business
Taking a Stand from Within
The Importance of Being a Philanthropist
Paying It Forward
Notes
CHAPTER TWO How the Wealth Gap Was Created
The Roots of Black American Poverty
The End of Bondage
Black Codes
Home Ownership and Wealth Creation
Home Owners' Loan Corporation (HOLC)
Keeping Suburbs White
Notes
CHAPTER THREE Donate to HBCUs
HBCUs Financial Need
Endowments
HBCU History
Two Lincoln Universities
Recent Donations
How to Make Donations
Schools That Are Not Colleges
Notes
CHAPTER FOUR Deposit Money into Black-Owned Banks
Black-Owned Banks versus White-Owned Banks
Mortgages
Contract Selling
Financial Apartheid
Freedman's Bank
Maggie L. Walker
Banking Black
How to Make Deposits
Companies
Individuals
Notes
CHAPTER FIVE Support Black-Owned Businesses
The Importance of Black-Owned Businesses
Race in Business
More Than Employers
Black in Print
A Brief History of Black Entrepreneurship in the United States
White Destruction of Black Businesses
Supporting Black-Owned Restaurants
White Firms' Commitment
How to Find Black-Owned Businesses: Become a Customer
Basic Search Approach
National Search Tools
Professional Trade Associations
Regional Search Tools
Local Search Tools
Notes
CHAPTER SIX Write a Letter Supporting Reparations
Reparations History
The U.S. Precedent of Paying Out Reparations
HEAD: Making Reparations Work
Notes
Epilogue
Notes
Discussion Questions
Acknowledgments
About the Author
Index
WILEY END USER LICENSE AGREEMENT
Отрывок из книги
STEVEN S. ROGERS
HARVARD BUSINESS SCHOOL, RETIRED
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I am not going to use this platform to tell Black people to vote, that I have heard advised by Black politicians and entertainers. I do not believe there is any value at this time to tell Black people to suppress their anger and hurt until the voting booths open in November. My advice is that Black people should be authentic and own these feelings. Continue to march and protest. You are going through the multi-step grieving process. Do not let anyone hoodwink you into trying to skip important steps in the process of grief when a Black man has been lynched by a White cop!
My friends, I still hurt and grieve from hearing, as an 11-year-old, my mother crying in her bedroom: 52 years ago, when the news reported that Dr. Martin Luther King Jr. had been murdered.
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