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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.

Table of Contents

  1. Cover
  2. Title Page
  3. Copyright
  4. Preface: Social Unrest, Protests, and the Podcasts
    1. Notes
  5. Introduction
    1. Notes
  6. CHAPTER ONE: Why Should You Trust My Advice? Who Am I?
    1. The Anatomy of Race Men and Race Women
    2. The Makings of a Race Man
    3. A Race Man in Business
    4. The Importance of Being a Philanthropist
    5. Paying It Forward
    6. Notes
  7. CHAPTER TWO: How the Wealth Gap Was Created
    1. The Roots of Black American Poverty
    2. The End of Bondage
    3. Black Codes
    4. Home Ownership and Wealth Creation
    5. Home Owners' Loan Corporation (HOLC)
    6. Keeping Suburbs White
    7. Notes
  8. CHAPTER THREE: Donate to HBCUs
    1. HBCUs Financial Need
    2. Notes
  9. CHAPTER FOUR: Deposit Money into Black-Owned Banks
    1. Black-Owned Banks versus White-Owned Banks
    2. Mortgages
    3. Financial Apartheid
    4. Banking Black
    5. Notes
  10. CHAPTER FIVE: Support Black-Owned Businesses
    1. The Importance of Black-Owned Businesses
    2. Race in Business
    3. More Than Employers
    4. Black in Print
    5. A Brief History of Black Entrepreneurship in the United States
    6. How to Find Black-Owned Businesses: Become a Customer
    7. Notes
  11. CHAPTER SIX: Write a Letter Supporting Reparations
    1. Reparations History
    2. The U.S. Precedent of Paying Out Reparations
    3. HEAD: Making Reparations Work
    4. Notes
  12. Epilogue
    1. Notes
  13. Discussion Questions
  14. Acknowledgments
  15. About the Author
  16. Index
  17. End User License Agreement
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