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The Economics of Structural Racism

The Economics of Structural Racism

The Economics of Structural Racism

Stratification Economics and US Labor Markets
Patrick L. Mason, University of Massachusetts, Amherst
April 2023
Available
Hardback
9781009290807

    This extensive and comprehensive book tracks persistent racial disparities in the US across multiple regimes of structural racism. It begins with an examination of the economics of racial identity, mechanisms of stratification, and regimes of structural racism. It analyzes trends in racial inequality in education and changes in family structure since the demise of Jim Crow. The book also examines generational trends in income, wealth, and employment for families and individuals, by race, gender, and national region. It explores economic differences among African Americans, by region, ethnicity, nativity, gender, and racial identity. Finally, the book provides a theoretical analysis of structural racism, productivity, and wages, with a special focus on the role of managers and instrumental discrimination inside the firm. The book concludes with an investigation of instrumental discrimination, hate crimes, the criminal legal system, and the impact of mass incarceration on family structure and economic inequality.

    • Uses stratification economics to provide an analysis of structural racism that is accessible to a wide variety of readers
    • Examines multiple regimes of structural racism (i.e. chattel capitalism, servitude capitalism, and racialized managerial capitalism) to show the connections between capitalist development, instrumental discrimination, and the formation of racial identity
    • Draws on a generational analysis of social and economic data

    Reviews & endorsements

    ‘[A] book that should be read widely, even by economists specializing in general issues in the US economy. … The book provides a template for mapping the position of other marginalized groups in the US economy, and its focus on stratification economics can help a wide range of people see their own abundance.’ Larry Chavis, Journal of Economics, Race, and Policy

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    Product details

    April 2023
    Hardback
    9781009290807
    388 pages
    235 × 159 × 29 mm
    0.73kg
    Available

    Table of Contents

    • Part I. Foundations:
    • 1. Introduction
    • 2. Racial identity as an economic norm
    • 3. Mechanisms of stratification: insecurities and inequities of capitalist competition
    • 4. Regimes of racial stratification:
    • 1865 – present
    • Part II. African American Educational Progress and Transformations in Family Structure, 1965 – present:
    • 5. African American educational progress:
    • 1965 – present
    • 6. Transformations in family structure
    • Part III. African American Income and Wealth, 1965 – present:
    • 7. Family income growth and inequality:
    • 1965 – present
    • 8. Family wealth inequality: pensions, homeownership, and property income
    • 9. Individual wage and employment disparity
    • 10. African American cultural diversity: social identity, ethnicity, and nativity
    • Part IV. Structural Racism, 1965 – present:
    • 11. Structural racism and persistent wage disparity
    • 12. The Criminal legal system and hate crimes
    • Part V. Restatement and Discussion:
    • 13. Restatement and discussion
    • References
    • Index.
      Author
    • Patrick L. Mason , University of Massachusetts, Amherst

      Patrick L. Mason is Professor of Economics and Economist at the Political Economy Research Institute, University of Massachusetts – Amherst. His research interests include racial inequality, educational achievement, income distribution, unemployment, social identity, family well-being and structure, racial profiling, and computerization, innovation, and employment.