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Why publish now?
On the heels of the social justice protests 0f 2020 and the Covid pandemic, some of the persistent and long-lasing problems facing Black Americans bubbled to the top. Black Americans suffered more than White Americans - they got sicker and died more frequently. In addition, they bore the brunt of the job losses economically and business failures.
White Americans (and many Black Americans) learned about how vibrant Black communities like Black Wall Street in Tulsa, Oklahoma, were burned to the ground by angry White mobs, destroying generational Black wealth. The racial wealth gap was pushed to the forefront of the debates.
Many of those issues in the wealth gap - including the distrust of Banks and the lack of generational wealth in the Black community can be traced back to the collapse Freedman's Savings Bank and the resulting loss of wealth and generational wealth in Black America.
This book will put the Freedman's Savings Bank in the conversation with reparations, Baby Bonds and financial literacy.
Author: Rodney A. Brooks
Publisher: Spiramus Press
Published: 04/30/2024
Pages: 200
Binding Type: Paperback
ISBN: 9781910151495
About the Author
Rodney A. Brooks, former Deputy Managing Editor/Money at USA TODAY, is author of the book Fixing the Racial Wealth Gap: Racism and Discrimination Put Us Here, But This Is How We Can Save Future Generations. The book was a winner of the National Association of Black Journalists' (NABJ) Outstanding Book Award in 2022 and also made the shortlist for the Society for Advancing Business Editing and Writing (SABEW) Third Annual Best in Business Book Awards. A recipient of the President's Award from the National Association of Black Journalists, he was elected to the NABJ Hall of Fame in 2021. He was named a Senior Fellow at Prosperity Now in 2022.
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