The Collapse of Black Wealth

prospect.org — The story of Prince George’s County, Md., is, in many ways, the economic history of black Americans writ large. While its post–civil rights boom was a heartening sign of the slow but hopeful rise of a durable black middle class, its sharp downturn during the Great Recession is one more sign that the arc of history has yet to bend in the direction of economic equality or justice.

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