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clip - Banks have been underwriters of American racism — no industry has played a bigger or more enduring role in black oppression, exploitation and exclusion. Banks financed the slave trade and in some cases “repossessed” humans in bondage. White-owned banks refused to serve black people who left the South escaping brutality and seeking opportunity during the Great Migration of the early and mid-20th century. Bank policies and practices contributed to segregating every major city and denying black families the two most important toeholds to the middle class — ownership of homes and of businesses. https://www.nytimes.com/2020/06/26/opinion/banks-reparations-racism-inequality.html _________________________________________________________ Full posting guidelines at: http://www.marxmail.org/sub.htm Set your options at: https://lists.csbs.utah.edu/options/marxism/archive%40mail-archive.com
