Giving Compass' Take:

• Chuck Collins at YES! Magazine discusses research and data on how racial wealth inequality is damaging to the economy as a whole and part of the decline of the middle class in America. 

• Is it possible for those who have benefitted from wealth inequality to dismantle the inequitable system that has benefitted them?

Here's an article on how philanthropists can impact wealth inequality. 

The story of the growing inequality in the United States has many dimensions.

There is the overarching story of the last four decades of polarizing income, wealth, and opportunity. But the many ways these inequalities manifest depend on people’s gender, race, age, immigration status, and other experience.

One piece of the story is to understand how 40 years of public policies have worsened the racial wealth divide and enriched the top 1 percent.

Wealth is where the past shows up in the present, both in terms of historical advantages and barriers. Measures of wealth—what you own minus what you owe—reflect the multigenerational story of White supremacy in asset-building.

Read the full article about wealth inequality in communities of color by Chuck Collins at YES! Magazine