Listen to Dorian Warren, Anne Price, Dedrick Asante-Muhammad, and Shawn Sebastian discuss how to reframe the conversation around racial wealth inequity to support both incremental and transformative policy change.
Racial wealth inequity is a deeply entrenched problem that remains poorly addressed by conventional public policy and poorly served by many of the mainstream narratives around it. Inequities that should and could be dismantled are thus reinforced.
How can we change the conversation to lay the groundwork for advancing equity? And how can we come together to foster alignment and the necessary power for realizing that change?
To explore these questions, the Insight Center partnered with Prosperity Now to host a virtual conversation, Getting Real About Racial Wealth Inequities Part 2: Changing the Narrative and Building Power, a follow-up to our first discussion in this series.
Dorian Warren, President of the Center for Community Change Action, Fellow at the Roosevelt Institute and Co-chair for the Economic Security Project, led a virtual exchange with:
- Anne Price, President of the Insight Center for Community Economic Development;
- Dedrick Asante-Muhammad, Senior Fellow for the Racial Wealth Divide Initiative at Prosperity Now; and
- Shawn Sebastian, Director of the Fed-Up Campaign, Center for Popular Democracy.
The panel discussed how widely held beliefs on solutions to racial wealth inequity are damaging and false, and how institutions like the Federal Reserve continue to shape policy around harmful narratives of Black and Brown people. The panel identified important counter-narratives and strategies for advancing racial equity, and discussed different approaches to advocacy and policy change, from the incremental to the transformative.
Watch the full discussion using the media player above, or listen to the podcast by using the audio player below or by visiting the Hidden Truths podcast on iTunes or Android.
Additional Resources
- What We Got Wrong About Closing the Racial Wealth Gap, Samuel DuBois Cook Center on Social Equity and the Insight Center
- Rewrite the Rules, Roosevelt Institute
- Bloomberg Businessweek’s Racist Cover Also Gets the Housing Crisis Backwards, City Lab
- This Is America, Childish Gambino
- Returning to the Promise of Full Employment: A Federal Job Guarantee in the United States, The New School for Social Research, Samuel DuBois Cook Center on Social Equity, and the Insight Center
- 10 Years After: The Financial Crisis and the New York Federal Reserve District, Fed Up
- The Full Employment Mandate of the Reserve: Its Origins and Importance, Fed Up
- Plan for Federal Reserve Reform: Making the Federal Reserve Fully Public: Why and How, Fed Up
- A People’s Fed: How to Make the Fed Fully Public, Executive Summary, Fed Up
- Racial Gaps in Labor Market Outcomes in the Last Four Decades and over the Business Cycle, Federal Reserve
- Pop Ed: Fed Up 101 – How the Fed Affects Your Jobs and Wages, Fed Up
- Pop Ed: Private Prisons, Big Banks, and the Federal Reserve, Fed Up
You can also follow and add to this conversation on Twitter using #GettingRealAboutRace and #RacialWealthInequity, and be sure to tag us at @InsightCCED and @prosperitynow.
Missed our first conversation on racial wealth inequities? Watch the video or listen to the podcast.
