Heirs of Bruce’s Beach Finalize Sale of Property Back to L.A. County
On Jan. 30, the heirs of Bruce’s Beach finalized the sale of the land they just reclaimed last year back to Los Angeles County for $20 million.
On Jan. 30, the heirs of Bruce’s Beach finalized the sale of the land they just reclaimed last year back to Los Angeles County for $20 million.
As state and federal lawmakers grapple with whether or not the State of California — and the United States as a whole — should take a closer look at what it owes the descendants of enslaved Africans in the United States, a group of Black California activists are getting ahead of the conversation. They are distilling the case for reparations down to why African Americans deserve to get paid for centuries of free labor and the Jim Crow laws and other forms of state-enforced discriminatory practices that followed. They are also specifying which segment of Black Americans should get those payments.
Last week the Boston Globe dropped a bombshell about the state of black wealth in their city, showing that the middle black family in Boston had a net worth of $8.00.
These are times to be vigilant in our politics. Black America must continue the economic battles that Dr. Martin Luther King Jr. took on at the end of his life.
For years I have sounded the alarm that an economic storm was coming. My Emmy nominated documentary “Freeway Crack in The System” exposed the incarceration driven band-aid we have put over the long standing issue of racial wealth inequality, by surveying how a generation of jobless blacks turned to drugs to survive, and our answer was incarceration.
In this 2 minute animated video Attorney Antonio Moore details the difference between Black Wealth and White wealth in the United States of America. Moore uses several key pieces of data to show the entire way we have come to think about race, wealth, and equal access is wrong.
Economist Thomas Piketty, the author of Capital in the Twenty-First Century, recently observed that the level of inequality in the United States — for those who work for a living — “is probably higher than in any other society, at any time in the past, anywhere in the world.”