Racial Wealth Divide

Racial Wealth DivideThe Racial Wealth Divide (RWD) program deepens the understanding about the historical and contemporary barriers to wealth creation among communities of color. RWD highlights the importance of wealth and wealth-building strategies among communities struggling to attain economic equality.

We develop and offer resources – such as workshops, publications, data, policy initiatives, and community empowerment strategies -- for community leaders, activists, organizations, media, and the public at large. Our goal is to help create a network of people and groups who want to abolish the racial wealth divide.

The Racial Wealth Divide program:

  • Raises public awareness of the historical and contemporary barriers to economic equality and racial justice.
  • Highlights asset-building strategies to eliminate systematic poverty and its disproportionate effect on people of color.
  • Engages people in dialogue around wealth, not just income, as fundamental to ending economic racial inequality
  • Initiates and shares resources around innovative strategies, public policies, communications work and grassroots organizing that fight against the growing racial economic divide.
  • Brings together the grassroots, organizations and public officials to address local, state and federal policy to help eradicate poverty through asset-building strategies to create economic equality.

Read our Core Principles

The Latest

Report on Racial Economic Inequality Now Available in Spanish

FOR IMMEDIATE RELEASE

Contacts: March 10, 2010

Racial Wealth Divide Initiative Leader - Job Posting
United for a Fair Economy is on the lookout for a part-time Racial Wealth Divide Initiative Leader. We need a new team member with a strong commitment to and background in the movement for racial economic justice. Application deadline is April 1, 2010! See details here... March 5, 2010

How Goldman Sachs Hurts Communities of Color
This article details the role Wall Street firms, like Goldman Sachs, played in the ongoing foreclosure crisis. The authors highlight that the heaviest burden has been placed on communities of color and cite UFE's report, State of the Dream 2008: Foreclosed. Co-author Luke Visconti also engages in dialogue with readers in the comments section. March 2, 2010

State of the Dream 2010: Drained
State of the Dream 2010 report coverUFE's seventh annual Martin Luther King, Jr. Day report has finally arrived! State of the Dream 2010: Drained - Jobless and Foreclosed in Communities of Color explores the U.S. racial economic divide in the wake of the Great Recession and spotlights a targeted policy approach as the best way to close that divide and rebuild our economy. Read the report now!   February 4, 2010

Mike Prokosch on "Letters to Washington" (podcast)
Mike Prokosch, UFE Board member and co-author of State of the Dream 2010, visits with Mitch Jeserich on Pacifica Radio's "Letters to Washington" to discuss President Obama's budget and whether our most urgent national priorities are being met. February 2, 2010

The Obama Presidency: Year One
The Hartford Independent Media Collective provides sobering commentary on the economic state of Black America. They cite UFE's State of the Dream 2010: Drained in this posting about the myriad national priorities weighing on policymakers in DC and the country as a whole. February 2, 2010

The Earnings Report for Main Street
UFE Board President, Prakash Laufer, comments on Washington's policy response to the Great Recession, announcements of big banks' booming profits and bulging bonuses, and the continued economic challenges facing communities of color. February 2, 2010

Has Obama's election changed race relations?
Pat Schneider asks whether Barack Obama's ascendance to the US Presidency has changed race relations. He cites UFE's State of the Dream 2010: Drained in this column on the impacts of race on economics. February 2, 2010

Ajamu Dillahunt on Culture Shocks with Barry Lynn
Barry Lynn, host of the radio show, Culture Shocks, asks: Is the economy better for whites and worse for Blacks? Ajamu Dillahunt, UFE Board member and co-author of State of the Dream 2010: Drained, joins him to discuss the issue of race in the Great Recession. January 28, 2010

State of the Dream 2010 on "Letters to Washington" (podcast)
Brian Miller continues his national radio trot, joining Mitch Jeserich on Pacifica Radio's "Letters to Washington" to discuss the latest State of the Dream report. January 18, 2010

State of the Dream 2010 on The Surreal News Show (podcast)
Brian Miller, co-author of State of the Dream 2010: Drained, joined Steve Norris on WSLR's "The Surreal News" in Sarasota, FL to discuss the state of the US racial economic divide. January 18, 2010

State of the Dream 2010 in The New York Times
Nearly 42 years after the assassination of Martin Luther King, Jr., how close are we to realizing the ideals he represented - for social and economic equality for people of all races? Bob Herbert comments in The New York Times on how well, or poorly, we as a nation uphold Dr. King's campaign for economic justice, and cites UFE's State of the Dream 2010. January 18, 2010

State of the Dream 2010 in the Washington Post
Between UFE's State of the Dream 2010 report and a new study by the Economic Policy Institute, race and the Great Recession has been a major news issue this week. Dion Haynes wrote today about the dire circumstances for Black communities in the US. January 15, 2010

Surprise! White - Minority Income Gap Continues to Widen
"What do you call a society that in a period of crisis leaves its weakest to fend for themselves, while rushing to the aid of its most powerful? The United States." Daniela Perdomo writes about the current racial economic divide in the US, citing UFE's new State of the Dream 2010 report, on AlterNet. January 14, 2010

We Need a Fair Jobs Policy (op-ed)
Ajamu Dillahunt, UFE Board member and co-author of State of the Dream 2010, explains that the economic stimulus has been tilted in favor of white people. He writes that there's much more we can do to support communities of color. Read more in this Huffington Post op-ed. January 13, 2010

MLK's Dream as it stands in 2010
Dedrick Muhammad, co-author of our newly released report, State of the Dream 2010: Drained, writes that Martin Luther King, Jr.'s dream continues to be just that in 2010. In this op-ed, he highlights the different targeted policies necessary to close the racial wealth gap in the U.S. January 12, 2010

Bursting Bubbles, Buyers' Markets & Broken Dreams
UFE's Mazher Ali & Sarah Burris of Future Majority to co-lead a discussion on the impacts of the economic crisis on the housing market at the 2009 A Better Deal conference hosted by Demos. October 13, 2009

Foreclosure & Community Stabilization Conference (Mass.)
Find out what YOU can do to reverse the foreclosure crisis in Massachusetts. Interact with elected officials, housing, legal, community organizing experts and other concerned residents about cutting edge activities that are impacting the foreclosure crisis now and how we can increase our impact! March 31, 2009

The Silent Depression: The Racial Wealth Divide in 2009
A panel discussion on the State and Future of the Racial Wealth Divide with Meizhu Lui (Closing the Racial Wealth Gap Initiative of Insight CCED), Amaad Rivera (United For a Fair Economy), and Dedrick Muhammad (Institue for Policy Studies), presented at the Jamaica Plain Forum, Boston, MA. January 12, 2009

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