African Americans in the U.S. Economy

by Conrad, Cecilia A.; Whitehead, John; Mason, Patrick L.; Stewart, James

• ISBN13: 9780742543775
• ISBN10: 0742543773
• Format: Hardcover
• Copyright: 2005-02-09
• Publisher: Rowman & Littlefield Publishers

Summary

The forty-three chapters in African Americans in the U.S. Economy focus on various aspects of the economic status of African Americans, past and present. Taken together, these essays present two related themes: (1) when it comes to economics, race matters, and (2) racial economic discrimination and inequality persist despite the optimistic predictions of standard economic analysis that racial discrimination cannot thrive in a free-market economy.

Table of Contents

Preface	p. xiii
Black Political Economy: An Introduction	p. 1
Slavery and the Early Formation of Black Labor
The International Slave Trade	p. 9
Africa, Europe, and the Origins of Uneven Development: The Role of Slavery	p. 14
The Critical Role of African Americans in the Development of the Pre-Civil War U.S. Economy	p. 20
The Black Sharecropping System and Its Decline	p. 32
The Rise of the Black Industrial Working Class, 1915-1918	p. 38
Organized Labor and African Americans
An Uncertain Tradition: Blacks and Unions, 1865-1925	p. 47
The Brotherhood of Sleeping Car Porters	p. 58
Civil Rights and Organized Labor: The Case of the United Steelworkers of America, 1948-1970	p. 66
Theories of Racial Discrimination, Inequality, and Economic Progress
Racial Economic Inequality and Discrimination: Conservative and Liberal Paradigms Revisited	p. 83
Marxist Theory of Racism and Racial Inequality	p. 94
The Crowding Hypothesis	p. 101
"Keeping People in Their Place": The Economics of Racial Violence	p. 110
The Black Political Economy Paradigm and the Dynamics of Racial Economic Inequality	p. 118
Current Economic Status of African Americans: Hard Evidence of Economic Discrimination and Inequality
Race and Gender Differences in the U.S. Labor Market: The Impact of Educational Attainment	p. 133
Persistent Racial Discrimination in the Labor Market	p. 141
Racial Inequality and African Americans' Disadvantage in the Credit and Capital Markets	p. 151
Changes in the Labor Market Status of Black Women, 1960-2000	p. 157
Single-Mother Families in the Black Community: Economic Context and Policies	p. 163
The Racial Wealth Gap	p. 175
Globalization and Its Impact on the Economic Well-Being of African Americans and Latinos
Globalization, the Transformation of Capital, and the Erosion of Black and Latino Living Standards	p. 185
Globalization and African Americans: A Focus on Public Employment	p. 193
Immigration and African Americans	p. 199
African American Intragroup Inequality and Corporate Globalization	p. 208
Globalization, Racism, and the Expansion of the American Penal System	p. 223
Black Capitalism: Entrepreneurs and Consumers
History of Black Capitalism	p. 231
Black-Owned Businesses: Trends and Prospects	p. 237
Black-Owned Banks: Past and Present	p. 246
"Bling-Bling" and Other Recent Trends in African American Consumerism	p. 252
A Critical Examination of the Political Economy of the Hip-Hop Industry	p. 258
Black Capitalism: Self-Help or Self-Delusion?	p. 271
Education, Employment, Training, and Social Welfare: Alternative Public Policy Approaches in the Struggle to Achieve Racial Equality
Black Power: The Struggle for Parental Choice in Education	p. 281
School Choice: A Desperate Gamble	p. 288
The Black Youth Employment Problem Revisited	p. 294
Employment and Training Solutions for the Economically Disadvantaged	p. 305
Racism in the U.S. Welfare Policy: A Human Rights Issue	p. 309
Understanding Black Reparations
Past Due: The African American Quest for Reparations	p. 319
The Theory of Restitution	p. 327
The Economics of Reparations	p. 334
African American Economic Development and Urban Revitalization Strategies
Inner-City Economic Development and Revitalization: A Community-Building Approach	p. 341
Combating Gentrification through Equitable Development	p. 357
The Black Church and Community Economic Development	p. 363
Black Patronage of Black-Owned Businesses and Black Employment	p. 373
African American Athletes and Urban Revitalization: African American Athletes as a Funding Source for Inner-City Investments	p. 378
Index	p. 393
About the Editors	p. 402
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