A Reparations Experiment
Podcast |
The Pay Check
Publisher |
Bloomberg
Media Type |
audio
Categories Via RSS |
Business
Investing
Society & Culture
Publication Date |
Apr 15, 2021
Episode Duration |
00:33:26

This week on the Pay Check, we look at the long fight for reparations for slavery in the U.S. Economists have calculated that each Black American is owed around $300,000, which would just about close the racial wealth gap. While momentum for reparations has grown, it's not likely to happen any time soon -- at least at the federal level. Meanwhile, cities and the state of California are looking into local reparations. Susan Berfield looks at how one town is repaying its Black residents for discrimination.

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