In her new book “The Color of Money,” UCI law professor Mehrsa Baradaran says that if history is any guide, Black capital and Black banks alone will not be enough to end Black poverty. True equity will require a fundamental reworking of the U.S. banking system.
From February to April, 41 percent of Black-owned businesses closed their doors. In comparison, 17 percent of white-owned businesses closed during the same period, Hispanic business owners fell by 32 percent, and Asian business owners dropped by 26 percent.
The Child Care is Essential Act would create a $50 billion Child Care Stabilization Fund to help child care centers remain open and operating through the pandemic, as well as attempt to repair the nation’s broken child care system for the 21.5 million workers with a child under the age of six.
Providing child care funding would enable moms return to the workforce and help to alleviate unemployment inequalities that disproportionately affect women, especially Black and Latina women.
Stores are beginning to open up—but 82 percent of shoppers say they plan to keep shopping online. A multitude of powerful women are running specially curated thrift businesses through social media platforms—making fashion sustainable and safe.
George Floyd was killed over an imagined counterfeit $20 in a country that can’t keep its promise to place Tubman on the $20, counterfeit security issues or otherwise. Which is the real counterfeit here? George Floyd’s $20, Harriet Tubman’s $20 redesign or a country that still pretends there is “liberty and justice for all”?
This double-digit gender gulf continues, with women making the difference on top issues—from racial inequality and peaceful protests, to health care (particularly with a pandemic raging) and the economy.
COVID-19 is deepening the fault lines in our economic system, entrenching the gendered inequalities that already existed. Now, we are at a crossroads: We can rebuild back towards the status quo, or we can recover towards something more just.
“We are seeing a huge wealth transfer in the CARES Act, giving benefit to private corporations, and the taxpayers will pay for it.”
While the economy collapses around us, Diamond asks: Why does a growth-pressured economy fall apart so quickly?
The word “shecession” appeared in the The New York Times for the first time in its nearly 170 years of publishing over the weekend. And with good reason.
As the country enters its third month of social distancing and stay-at-home orders, multiple polls show a significant gender gap in attitudes about Trump’s handling of the federal response to the coronavirus, the economic outlook, the direction for the country and plans for reopening.