From Steven's list on reasons behind the enormous racial wealth gap.
The wealth gap between Blacks and Whites in the U.S. is enormous! Whites have 10 times the wealth as Blacks. The disparity is not because Whites are smarter or have worked harder. This book does a masterful job of clearly explaining one of the reasons behind the wide wealth gap.
Most people are aware of the fact that 246 years of slavery was a successful government policy that intentionally enriched Whites while simultaneously impoverishing Blacks. But most people are not aware that a new system with the same dual objectives, followed the abolition of slavery in 1865. This book tells the story of Black Codes, Vagrancy Laws, and convict leasing that occurred for 60 years after the passage of the 13th Amendment, emancipating Black enslaved people. These government supported policies replaced slavery as the new program to subsidize White wealth creation at the expense of millions of Blacks.