As the wealthy few continue to prosper, the rest of the nation is caught in a financial tug-of-war between stagnant wages and a rising cost of living. In communities of color, chronic unemployment and underemployment and a host of other social ills are added burdens to an already challenging economy.
These and other disturbing trends were the focus of the recent Color of Wealth Summit, conceived and convened by a national research organization, the Insight Center for Community Economic Development and a solution-oriented social change nonprofit, the Center for Global Policy Solutions. The two-day conference engaged prominent thought leaders to propose solutions to the growing racial income and wealth divide that has come to characterize America’s economy.
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