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Video: How Do We Include Vulnerable Populations in the Financial Mainstream?

A talented group of four innovators presented their ideas for including vulnerable populations into the financial mainstream at our 2016 Color of Wealth Summit. At the session, called “Equitable Strategies for Advancing Financial Inclusion, Innovation and Access,” four judges listened to the proposals and offered constructive feedback. Watch the discussion and The winner of the $10,000 […]

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Obamacare Delivers Health Insurance to Low-Income Whites

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The Affordable Care Act, also known as Obamacare, has reduced racial disparities in health insurance coverage rates between whites and people of color. I and others have discussed the historic increase in health insurance coverage for Latinos, African Americans, and Asian Americans. These findings should not obscure the fact that Obamacare has also led to […]

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Ida Rademacher: Economy and Our Democracy Benefit When Low-Income Families Prosper

More assets under management by low-income families is good for those families, it’s good for their communities, it’s good for the economy, it’s good for our democracy. – Ida Rademacher, The Aspen Institute Ida Rademacher, Executive Director of the Initiative on Financial Security at The Aspen Institute, speaks on the panel entitled, “What’s the Code […]

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john a. powell: Government Plays a Substantial Role in Wealth Creation

Government creates the rules of the game for wealth accumulation and distribution. The robber barons were heavily subsidized; railroads, oil, almost any industry. The development of the Internet was subsidized. We need to repurpose government so that once again it is investing in people and not just in the elites. — john a. powell, UC Berkeley […]

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Robert Smith on the Importance of Opportunity

  Recently featured in a profile by Daniel Fisher on the cover of Forbes, as part of its top 400, Robert Smith sat down with Maya Rockeymoore at the 2015 Color of Wealth Summit to talk about the power of opportunity. Both of my parents have Ph.Ds in Education. I remember growing up in Denver in […]

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Deepak Bhargava: Deliberate Disinvestment Contributed to the Racial Wealth Gap

We need to recognize the active, deliberate human actions that brought about the racial wealth gap, and also the power of human agency that can be harnessed to eliminate the gap. The conversations about inequality on the right and the left need to recognize the deep structures of racial inequality.  — Deepak Bhargava, Center for Community […]

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The Poverty-Fighting Power of Social Security

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American society is better off with less poverty and less of the many social problems associated with poverty. Social Security is our strongest poverty-fighting program; therefore our leaders should act to keep the program strong. Of the programs existing today, none compare to Social Security in its ability to reduce the national poverty rate. The […]

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Dr. Maya Rockeymoore: Why Do We Need to Focus on Race?

The question is, Why race and why now? There are organizations and individuals who think that not focusing on and acknowledging race or ethnicity is the polite thing to do. I call that “the invisible race card.” They think class and gender explain all differences in our society. But, while class and gender are important, […]

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The Best Anti-Poverty Program Is a Good Job

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This week, we will once again see that the Latino and African American poverty rates are more than double the non-Hispanic white poverty rate. The persistence of high poverty rates among these two groups can lead one to think that there are no policy options to address this problem, but this is not the case. We […]

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Connecting Alaska to the Gulf Coast and to Racial Wealth Inequality

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by Algernon Austin This week, President Obama was in Alaska to call attention for the need for global action on climate change. Last week, he was in New Orleans commemorating the tenth anniversary of Hurricane Katrina. While Alaska is 4,000 miles away from Louisiana, both states face similar challenges from climate change. And, in both […]

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