No. 166 (10 September 1711)
The Spectator (1711–1714)
“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
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Thomas Shapiro 3
American sociologist 1947Related quotes
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2010s