Sanford School of Public Policy
Duke University
Publications [#289177] of William A. Darity
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- Darity, W; Hamilton, D. "Bold Policies for Economic Justice." The Review of Black Political Economy 39.1 (January, 2012): 79-85. [doi]
(last updated on 2025/02/26)
Abstract:
The U.S. is characterized by a longstanding pattern of large structural racial inequality that deepens further as a result of economic downturn. Although there have been some improvements in the income gap up until around the mid 1970s, the employment gap, and the racial wealth gap - two dramatic indicators of economic security - remains exorbitant and stubbornly persistent. We offer two race-neutral programs that could go a long way towards eliminating racial inequality, while at the same time providing economic security, mobility and sustainability for all Americans. The first program, a federal job guarantee, would provide the economic security of a job and the removal of the threat of unemployment for all Americans. The second program, a substantial child development account that rises progressively based on the familial asset positioning of the child's parents, would provide a pathways towards asset security for all Americans regardless of their economic position at birth.
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