“American families are in the process of passing along a $9 trillion legacy from one generation to the next. This is a lot of money, but it is distributed very unevenly.. … Hand in hand with this money, I submit, what is really being handed down from generation to generation is the profound legacy of reproducing racial inequality. The legacy is difficult to discern because the language of family heritage hides it from our political consciousness.”

Source: The Hidden Cost of Being African American: How Wealth Perpetuates Inequality (2005), p. 32

Adopted from Wikiquote. Last update June 3, 2021. History

Help us to complete the source, original and additional information

Do you have more details about the quote "American families are in the process of passing along a $9 trillion legacy from one generation to the next. This is a l…" by Thomas Shapiro?
Thomas Shapiro photo
Thomas Shapiro 3
American sociologist 1947

Related quotes

Joseph Addison photo

“Books are the legacies that a great genius leaves to mankind, which are delivered down from generation to generation, as presents to the posterity of those who are yet unborn.”

Joseph Addison (1672–1719) politician, writer and playwright

No. 166 (10 September 1711)
The Spectator (1711–1714)

Mwanandeke Kindembo photo
A. P. J. Abdul Kalam photo

“This will be the greatest legacy that we can proudly leave behind for our next generation, let us sacrifice our today so that our children can have a better tomorrow.”

A. P. J. Abdul Kalam (1931–2015) 11th President of India, scientist and science administrator

In: Philosophy & Social Action (2003)

Pope John Paul I photo
Daniel Levitin photo
Xi Jinping photo

“[We should] set our eyes on the future. The political differences between the Chinese mainland and Taiwan should eventually be solved step by step, and [we] can not let these problems hand on from generation to generation.”

Xi Jinping (1953) General Secretary of the Communist Party of China and paramount leader of China

As quoted in "Xi calls for peaceful development of cross-Straits ties" http://www.chinadaily.com.cn/china/2013xiapec/2013-10/06/content_17011186.htm in China Daily (6 October 2013).
2010s

Premchand photo

Related topics