African Americans In The U.S. Economy

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

• ISBN13: 9780742543782
• ISBN10: 0742543781
• Format: Paperback
• Copyright: 2005-02-03
• 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: first, when it comes to economics, race matters; second, racial economic discrimination and inequality persist despite the optimistic predictions of standard economic analysis that racial discrimination cannot thrive in a free-market economy. Visit our website for sample chapters!

Table of Contents

Preface	xiii
Black Political Economy: An Introduction	1	(8)
PART I Slavery and the Early Formation of Black Labor
The International Slave Trade	9	(5)
Philip S. Foner
Africa, Europe, and the Origins of Uneven Development: The Role of Slavery	14	(6)
William A. Darity Jr.
The Critical Role of African Americans in the Development of the Pre--Civil War U.S. Economy	20	(12)
James B. Stewart
The Black Sharecropping System and Its Decline	32	(6)
Daniel Fusfeld
Timothy Bates
The Rise of the Black Industrial Working Class, 1915--1918	38	(9)
Philip S. Foner
PART II Organized Labor and African Americans
An Uncertain Tradition: Blacks and Unions, 1865--1925	47	(11)
William Harris
The Brotherhood of Sleeping Car Porters	58	(8)
Philip S. Foner
Civil Rights and Organized Labor: The Case of the United Steelworkers of America, 1948--1970	66	(17)
James B. Stewart
PART III Theories of Racial Discrimination, Inequality, and Economic Progress
Racial Economic Inequality and Discrimination: Conservative and Liberal Paradigms Revisited	83	(11)
John Whitehead
Marxist Theory of Racism and Racial Inequality	94	(7)
Peter Bohmer
The Crowding Hypothesis	101	(9)
Timothy Bates
Daniel Fusfeld
``Keeping People in Their Place'': The Economics of Racial Violence	110	(8)
Mary C. King
The Black Political Economy Paradigm and the Dynamics of Racial Economic Inequality	118	(15)
James B. Stewart
Major Coleman
PART IV 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	133	(8)
Susan Williams McElroy
Persistent Racial Discrimination in the Labor Market	141	(10)
Patrick L. Mason
Racial Inequality and African Americans' Disadvantage in the Credit and Capital Markets	151	(6)
Gary A. Dymski
Patrick L. Mason
Changes in the Labor Market Status of Black Women, 1960--2000	157	(6)
Cecilia A. Conrad
Single-Mother Families in the Black Community: Economic Context and Policies	163	(12)
Cecilia A. Conrad
Mary C. King
The Racial Wealth Gap	175	(10)
Thomas M. Shapiro
Jessica L. Kenty-Drane
PART V 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	185	(8)
Peter Dorman
Globalization and African Americans: A Focus on Public Employment	193	(6)
Mary C. King
Immigration and African Americans	199	(9)
Steven Shulman
Robert C. Smith
African American Intragroup Inequality and Corporate Globalization	208	(15)
Jessica Gordon Nembhard
Steven C. Pitts
Patrick L. Mason
Globalization, Racism, and the Expansion of the American Penal System	223	(8)
Andrew L. Barlow
PART VI Black Capitalism: Entrepreneurs and Consumers
History of Black Capitalism	231	(6)
Manning Marable
Black-Owned Businesses: Trends and Prospects	237	(9)
Cecilia A. Conrad
Black-Owned Banks: Past and Present	246	(6)
Gary A. Dymski
Robert E. Weems Jr.
``Bling-Bling'' and Other Recent Trends in African American Consumerism	252	(6)
Robert E. Weems Jr.
A Critical Examination of the Political Economy of the Hip-Hop Industry	258	(13)
Dipannita Basu
Black Capitalism: Self-Help or Self-Delusion?	271	(10)
Earl Ofari Hutchinson
PART VII 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	281	(7)
Howard Fuller
School Choice: A Desperate Gamble	288	(6)
Louis Schubert
The Black Youth Employment Problem Revisited	294	(11)
Michael A. Stoll
Employment and Training Solutions for the Economically Disadvantaged	305	(4)
Bernard E. Anderson
Racism in the U.S. Welfare Policy: A Human Rights Issue	309	(10)
Linda Burnham
PART VIII Understanding Black Reparations
Past Due: The African American Quest for Reparations	319	(8)
Robert Allen
The Theory of Restitution	327	(7)
Richard America
The Economics of Reparations	334	(7)
William A. Darity Jr.
Dania Frank
PART IX African American Economic Development and Urban Revitalization Strategies
Inner-City Economic Development and Revitalization: A Community-Building Approach	341	(16)
John Whitehead
David Landes
Jessica Gordon Nembhard
Combating Gentrification through Equitable Development	357	(6)
Kalima Rose
The Black Church and Community Economic Development	363	(10)
Shondrah Nash
Cedric Herring
Black Patronage of Black-Owned Businesses and Black Employment	373	(5)
Thomas D. Boston
African American Athletes and Urban Revitalization: African American Athletes as a Funding Source for Inner-City Investments	378	(15)
John Whitehead
James Stewart
Index	393	(9)
About the Editors	402