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If You Want to Understand the Economics of Institutional Racism, Read This [theroot.com]

 

To properly understand white supremacy and institutional inequality, there is no need to study the Ku Klux Klan or ask why you can’t say the n-word. Racism has less to do with the hate in one’s heart and more to do with the hard truths of economics and history.

A new study titled “The Devaluation of Assets in Black Neighborhoods,” from the Metropolitan Policy Program at Brookings highlights how race is intertwined with economics, manifesting itself as the inescapable reality of racism. The report begins with a recent anecdote from the University of Mississippi:

“On September 19, 2018 University of Mississippi alumnus, former faculty member and administrator, Ed Meek, posted on Facebook two separate pictures of African American women along with the caption, “Enough, Oxford and Ole Miss leaders, get on top of this before it is too late.” For Meek...the women’s presence apparently signaled the decline of the town of Oxford, home of the University of Mississippi. “A 3 percent decline in enrollment is nothing compared to what we will see if this continues…and real estate values will plummet as will tax revenue,” Meek wrote.

[For more on this story by Michael Harriot, go to https://www.theroot.com/if-you...titutiona-1830685273]

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