Media Reaction #2

November 1, 2010

The Hidden Cost of Being African American
Thomas Shapiro
“The Hidden Cost of Being African-American” demonstrates the unique and diverse social circumstances that blacks and whites face. Shapiro explains that together wealth accumulation and utilization highlights the ways in which opportunity structure contributes to racial wealth inequality, between blacks and whites. The article explains how hard it is for most African-American middle class families to have a better life that include living in nicer neighborhoods and sending their kids to better schools. It also explains that it is hard for these families to live better lives because they don’t have access to family wealth. Unlike most families, some people are able to get through life with the support of inheritance for financial stability.
Most people believe that the result of most black’s poverty is because they are not responsible spenders. But instead the inheritances whites receive place them in a financial category that surpasses the black’s achievements, jobs, and earnings. For example, if a white family and a black family had the same income of $75,000 yearly but the white family had an inheritance of $20,000 the white family has passed the blacks financially and are able to live a more privileged life. This process typically advantages whites while disadvantaging blacks. The way families use head start assets to transform their own lives has racial and class consequences for the homes they buy, the communities they live in, and the quality of schools their children attend.
Ultimately, this article expresses issues of race and class. “The Hidden Cost of Being African-American” explains the hardships of living a privileged life if you are a person of color. Hopefully, the issue of African Americans not being able to financially coerce with whites ends and the financial stability of both races can become equal.


One Response to “Media Reaction #2”

  1. Jaklina Lumaj Says:

    Wow. I find this very interesting. Even when you would think that issues such as these, no longer exist, we are quickly reminded that they do, which is very sad.

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