Join getAbstract to access the summary!

Investing to Advance Racial Equity

Join getAbstract to access the summary!

Investing to Advance Racial Equity

Practical Ways to Tackle Economic Inequality

Cornerstone Capital Group,

5 min read
3 take-aways
Text available

What's inside?

Investors can help to mitigate financial inequality caused by systemic racism. 

Editorial Rating

9

Qualities

  • Eye Opening
  • Well Structured
  • Overview

Recommendation

Wealth disparities among ethnic and racial demographic groups continue to be a major economic problem for the United States. While policy officials pursue legislative paths to address inequality, the investing community also has a vital role to play in mitigating financial imbalances. Professionals at Cornerstone Capital Group examine the complex issues of racial and ethnic economic divides and offer pragmatic solutions for advancing financial equality. Investors seeking opportunities to fight these embedded inequities will find instructive insights in this thought-provoking report.

Summary

The median levels of income and wealth of white Americans vastly exceed those of the Black and Hispanic populations.

The US record on wealth accumulation for racial and ethnic minorities remains a serious concern. Severe economic disparities rooted in systemic racism exist between white Americans and minority groups, as highlighted by 2016 household data that show median Black American net worth at $17,600; Hispanic American, at $20,700; and white American, at $171,000.

Changing racial and ethnic financial dynamics requires an understanding of how institutional racism has impeded nonwhite groups from amassing wealth. From 1934 to 1968, the Federal Housing Administration (FHA) followed a policy of geographic “redlining,” discriminating against...

About the Authors

Heidi Bush et. al are professionals at Cornerstone Capital Group.


Comment on this summary

More on this topic

Related Channels