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Taking Back Our Economy: Reversing Inequality & Rebuilding Local Economies Post-Pandemic

October 15, 2020, 11:00 am EDT - 12:30 pm EDT

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The pandemic has sped up unsustainable and unjust trends in our economy. Tens if not hundreds of millions of Americans are struggling to cope with the economic fallout, while billionaires have only grown more disproportionately wealthy. Communities of color have been hit especially hard. Enormous multinational corporations like Amazon have further deepened their hold on provisioning of both essential and non-essential consumer products, as local businesses falter or close for good.

Join Dedrick Asante-Muhammad, Chuck Collins, and Stacy Mitchell on October 15 at 11:00 AM PT for a reality check on these challenges and concrete actions we can all take to build vibrant, just, and sustainable local economies even now.

Dedrick Asante-Muhammad is Chief of Race, Wealth and Community at the National Community Reinvestment Coalition (NCRC). He oversees NCRC’s Fair Housing, Fair Lending and Small Business programs. Dedrick is known for his racial economic inequality analysis particularly as it relates to the racial wealth divide.

Chuck Collins is the Director of the Program on Inequality and the Common Good at the Institute for Policy Studies where he co-edits Inequality.org. He is author of the popular book, Born on Third Base: A One Percenter Makes the Case for Tackling Inequality, Bringing Wealth Home, and Committing to the Common Good (Chelsea Green). His new book, Is Inequality in America Irreversible? is published by the Oxford, UK-based Polity Press.

Stacy Mitchell is co-director of the Institute for Local Self-Reliance, a national research and advocacy organization that fights corporate control and works to build thriving, equitable communities.

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October 15, 2020
11:00 am EDT - 12:30 pm EDT
Event Category:

Redlining and Neighborhood Health

Before the pandemic devastated minority communities, banks and government officials starved them of capital.

Lower-income and minority neighborhoods that were intentionally cut off from lending and investment decades ago today suffer not only from reduced wealth and greater poverty, but from lower life expectancy and higher prevalence of chronic diseases that are risk factors for poor outcomes from COVID-19, a new study shows.

The new study, from the National Community Reinvestment Coalition (NCRC) with researchers from the University of Wisconsin–Milwaukee Joseph J. Zilber School of Public Health and the University of Richmond’s Digital Scholarship Lab, compared 1930’s maps of government-sanctioned lending discrimination zones with current census and public health data.

Table of Content

  • Executive Summary
  • Introduction
  • Redlining, the HOLC Maps and Segregation
  • Segregation, Public Health and COVID-19
  • Methods
  • Results
  • Discussion
  • Conclusion and Policy Recommendations
  • Citations
  • Appendix

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