A Letter to My White Friends and Colleagues What You Can Do Right Now to Help the Black Community 1st Edition by Steven Rogers 1119794781 9781119794783

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ISBN 10: 1119794781
ISBN 13: 9781119794783
Author: Steven Rogers

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.

A Letter to My White Friends and Colleagues 1st Table of contents:

CHAPTER ONE: Why Should You Trust My Advice? Who Am I?
The Anatomy of Race Men and Race Women
The Makings of a Race Man
A Race Man in Business
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
Notes
CHAPTER FOUR: Deposit Money into Black-Owned Banks
Black-Owned Banks versus White-Owned Banks
Mortgages
Financial Apartheid
Banking Black
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
How to Find Black-Owned Businesses: Become a Customer
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

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Tags: A Letter, Colleagues, Black Community, Steven Rogers