Research Shows Race Is a Bigger Factor than Class in Wealth Gaps
Research published in March 2018 found large wealth gaps between white and black men. Whether they grew up poor or rich, black men were more likely to be poor or lower middle class as adults, and white men were more likely to be wealthy as adults. The research also shows that wealth does not protect black men from the racism of the criminal justice system; black men raised by parents in the top 1% were as likely to be incarcerated as white men raised by parents earning around $36,000. The research shows that there is certainly a racial aspect to wealth gaps, not just class. Systemic racism marginalizes black men.