Reddit mentions of Caste, Class, and Race: A Study in Social Dynamics

Glad you looked that up, last time I checked she was proposing $100 billion which MIT Grad/Duke economist Sandy Darity said was inadequate.

>Thanks for including my comments in this important article. Just one proviso; while I do think that @marwilliamson's initial proposed amount for reparations, $100 billion, is paltry, I also think she is open to modifying her proposal toward a much larger sum.

@emarvelous:

>"Universal programs are not specific to the injustices that have been inflicted on African-Americans." Talked to some smart folks on the 2020 conversation on reparations including ⁦@SandyDarity⁩. All say start with HR40, first proposed 30+ yrs ago:

SD:

>Thank you for writing this excellent article. I am especially curious about one matter: Would Whit Ayres endorse black reparations if it was not financed "by taking money away from white people and giving it to black people"?

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He's been interfacing with Yvette Carnell and Antonio Moore and was on Ezra Klein's show a few months ago:

Sandy Darity has a plan to close the wealth gap | The Ezra Klein Show

>Published on Nov 6, 2018

> Here’s something to consider: For families in which the lead earner has a college degree, the average white family has $180,500 in wealth. The average black family? $23,400. That’s a difference of almost $160,000 — $160,000 that could be used to send a kid to college, get through an illness, start a small business, or make a down payment on a home that builds wealth for the next generation, too.
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> Sandy Darity is an economist at Duke University, and much of his work has focused on the racial wealth gap, and how to close it. He’s a pioneer of “stratification economics” — a branch of study that takes groups seriously as economic units and thinks hard about how group incentives change our behavior and drive our decisions.
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> In this podcast, we talk about stratification economics, as well as Darity’s idea of “baby bonds”: assets that would build to give poor children up to $50,000 in wealth by the time they become adults, which would, in turn, give them a chance to invest in themselves or their future the same way children from richer families do. Think of it as a plan for universal basic wealth — and people are listening: Sen. Cory Booker (D-NJ), a past guest on this show, recently released a plan to closely tracked Darity’s proposal.
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> I know, I know, the election is in a day. But right now, we don’t know who will win. So how about spending some time thinking about what someone who actually wanted to ease problems like wealth inequality could do if they did have power?

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>Recommended books:

>Caste, Class, and Race by Oliver Cox

>https://www.amazon.com/Caste-Class-Race-Social-Dynamics/dp/0853451168

>Capitalism and Slavery by Eric Williams

>https://www.amazon.com/Capitalism-Slavery-Eric-Williams/dp/0807844888/

>Black Reconstruction in America by W.E.B. DuBois

>https://www.amazon.com/Black-Reconstruction-America-1860-1880-Burghardt/dp/0684856573/