ABSTRACT

This chapter explores the persistence of institutional racism and privilege in the economic sphere, which contribute to one's residential options, access to health care, educational opportunities, risk of exposure to environmental toxins, and overall life chances. It analyzes historic and economic inequalities as well as the role of government policies and practices in contributing to racial/ethnic economic disparity. The chapter also explores racial differentials in employment opportunities, structural barriers to home ownership for racial/ethnic minorities, and state policies that constrain the abilities of racial/ethnic minorities to accumulate wealth. It explores government policies and their effects on citizens, particularly in terms of wealth accumulation, employment, and housing opportunities, among others. The chapter discusses the racial inequities in the economic sphere, how such economic inequalities manifest themselves, and the ways government policies and practices have contributed to economic security for whites and hindered it for racial minorities.