Bloomberg: For Corrosive Inequality, Look to the Upper Middle Class
It’s not only billionaires that are the problem.
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On Our Radar
A curated collection of links to news, analysis, trends, ideas and views from elsewhere.
OCC: Federally Chartered Banks and Thrifts May Participate in Independent Node Verification Networks and Use Stablecoins for Payment Activities
The agency letter concludes a national bank or federal savings association may validate, store, and record payments transactions by serving as a node on an INVN.
Overcoming barriers to a Just Economy: Nikole Hannah-Jones on Reparations and White discomfort
“Reparations doesn’t say White people haven’t worked hard and White people haven’t struggled, [but] you grew up in a country that has been working for your success, not against it,” said Nikole Hannah-Jones.
Bloomberg: A Neighborhood’s Race Affects Home Values More Now Than in 1980
Decades after housing reform, race has become an even greater determinant of home appraisals in Black and Latina neighborhoods, new research finds.
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Vice: Gig Economy Company Launches Uber, But for Evicting People
A company called Civvl says evicting people is the “FASTEST GROWING MONEY MAKING GIG DUE TO COVID-19.”
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The Washington Post: Ginsburg’s vision led us to a better America. We can do the same.
She will always be best known for her pioneering advocacy for women’s rights, but her dedication to equal citizenship extended beyond.
The Washington Post: Ginsburg’s vision led us to a better America. We can do the same. Read More »
Buzz Feed News: #FinCENFiles: Secret Documents Show How Criminals Use Famous Banks To Finance Terror And Death, And The Government Doesn’t Stop It
Thousands of secret “suspicious activity reports” offer a never-before-seen picture of corruption and complicity — and how the government lets it flourish.
The New York Times: Is an Algorithm Less Racist Than a Loan Officer?
Digital mortgage platforms have the potential to reduce discrimination. But automated systems provide rich opportunities to perpetuate bias, too.
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SpringerLink: Fairness, Ethnicity, and COVID-19 Ethics
A Discussion of How the Focus on Fairness in Ethical Guidance During the Pandemic Discriminates Against People From Ethnic Minority Backgrounds.
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The New York Times: The Massacre That Emboldened White Supremacy
The 1873 murders of dozens of former slaves in a flyspeck Louisiana town still reverberate.
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NPR: Justice Ruth Bader Ginsburg, Champion Of Gender Equality, Dies At 87
Ginsburg, the second woman to serve on the Supreme Court, died from complications from cancer. Her death will set in motion what promises to be a tumultuous political battle over who will succeed her.
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NPR: How The Pandemic Is Widening The Racial Wealth Gap
The coronavirus has affected most Americans, but NPR’s latest poll shows Black, Latino and Native American households are hardest hit by the financial impact of the crisis.
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The Wall Street Journal: Millions Are House-Rich but Cash-Poor. Wall Street Landlords Are Ready.
Hardships caused by the coronavirus pandemic are likely to force a lot of sales and create new renters.
Autostraddle: In the Face of Government Neglect, Trans Leaders Spearhead Housing Solutions
Housing initiatives in the South showcase the continued resilience and resourcefulness of trans communities, despite discriminatory proposed rules by the government.
LA Progressive: Racists Make Bank
“The profitability of racism sparks a vicious cycle called the Oppression Economy: Elite institutions are motivated to keep suppressing the economic vitality of people of color. That economic oppression in turn hinders their political power, and that political oppression kneecaps their ability to change the system.”
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