The historical reasons for the dark-skinned Americans cannot cope with poverty. Discrimination in access to wealth In recent decades, it was not possible to smooth out new laws, enshrine minority rights at work, housing market, in other fields of economics, writes Bloomberg.
The average family of dark-skinned in the United States today has savings, which are seven times less than the usual white family. The reasons for breaking in racial wealth are named, one of which remains the echo of the slave-ownership. Due to the fact that in 1865 the government did not restrain the promises to the liberated slaves convey to them in 16 hectares of the Earth, the family of African Americans were empty. Now this land in the aggregate would cost about 3.1 trillion dollars.
Among the causes of inequality and racial suppression. A small wealth that dark-skinned families have accumulated after the Civil War, massively destroyed during the riots in 1921 to the state of Oklahoma. In total, about 200 enterprises were destroyed, 10 thousand dark-skinned residents were driven out of houses.
generations of black inhabitants of the United States lost one of the welfare indicators – their own home because of life for the so-called “red feature”. Since the 1930s, dark-skinned areas inhabited areas that banks were considered unreliable to issue mortgage loans. The territories were highlighted on a red card. Infringement of dark-skinned real estate rights law canceled in 1968. But it still affected the level of wealth of ethnic minorities – today there are 75 percent of white and less than half of dark-skinned families.
Housing segregation at the beginning of the 1900s introduced additional difficulties in the early 1900s, when residents of the “white” quarters were prohibited from selling housing in black. Even today, dark-skinned four times more often live in very poor areas, and in all their lives, an African American man makes an average of 900 thousand dollars less than a white man.
All the above makes the accumulation of dark-skinned Americans of savings almost impossible. According to the US government survey, in 2016, only eight percent of the black Americans received inheritance, against 26 percent of white Americans.
The problem of inequality in the dark population compared to the rest of the country’s residents is about the same as acute in the UK. The average size of the inheritance of the dark-skinned is 1.42 dollars against 4.3 thousand dollars at the British. The strongest is the gap between the poor and rich in London, where more than half of the dark population of England and Wales live.