Wednesday, May 2, 2012

“Doubly Divided” :The Racial Wealth Gap


 
The article analyzes the discriminative role of government between the long-term historical differences of wealth and power between the immigrants of European ancestry and immigrants of colors, giving specific examples of the legal discrimination between Irish immigrants and the Asian immigrants, particularly the Chinese and the Japanese, the appropriation of Indian lands, the slavery of the black people, and the exploitation on the Latinos.
In the United States, there have always been misconceptions that people of color now have equal economic opportunities and access to resources as whites do and that one’s economic prosperity depends mostly on one’s own efforts and imaginations. However, observations and data analysis show that there is still a wealth inequality among people of different color. In addition, current wealth gap among people of different races in the United States is constructed by the unequal institutional opportunities given to them in contemporary United States as well as throughout its history.
there has always been a wealth gap among races.   Historically, blacks were owned by whites as slaves in a system of most uneven opportunities. Numerous data and facts prove that there is still a racial wealth gap. I think that previous institutional racism and inequalities have impacted on the formation of racial wealth differences.

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