Economic Inequality: What’s In Your Wallet?

Thu. March 22, 12:00 PM - 1:30 PM

City Council Chambers

605 E Main St, Charlottesville, VA 22902

Hosted by: Charlottesville Center for Peace and Justice and Clergy and Laity United for Justice and Peace

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Authors Mehrsa Baradaran, (The Color of Money), Keith Payne (The Broken Ladder) and Richard V. Reeves, author of (Dream Hoarders) discuss political, societal, and economic forces behind economic inequality, why the damage of inequality is widespread, and how it affects us all.

Why should you attend?

“In this important book, law professor Mehrsa Baradaran uses the history of black banking from emancipation to the present as a vehicle for exploring the origins and persistence of the racial wealth gap in America. This is more than a history of financial institutions, though. It is a probing, revelatory study of racism and capitalism in the making of modern America, one that reveals how segregation, racial prejudice, and black economic disadvantage became mutually reinforcing.” —Andrew W. Kahrl, author of Free the Beaches: The Story of Ned Coll and the Battle for America’s Most Exclusive Shoreline

“Brilliant. . . . an important, fascinating read arguing that inequality creates a public health crisis in America. . . . Payne challenges a common perception that the real problem isn’t inequality but poverty, and he’s persuasive that societies are shaped not just by disadvantage at the bottom but also by inequality across the spectrum. . . . So much of the national conversation now is focused on President Trump, for understandable reasons. But I suspect that he is a symptom as well as a cause, and that to uncover the root of our national dysfunctions we must go deeper than politics, deeper than poverty, deeper than demagoguery, and confront the inequality that is America today.”—Nicholas Kristof, New York Times

“Recently, scholars and social activists have set off alarm bells about the rising concentration of income among the top one percent. Richard Reeves urges us to turn our attention to a wider slice of affluent Americans – the top fifth – and the result is a devastating empirical portrait of damage done to “the bottom eighty”…This captivating and stirring book is likely to make many of its readers uncomfortable.”—Janet C. Gornick, Professor of Political Science and Sociology, CUNY