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When it comes to jobs, the fast food industry represents the worst of our economy: paying poverty wages; offering irregular, part-time hours; and providing few benefits. Wage theft and workplace safety hazards are rampant. An executive who has built his personal wealth on a fast food business model
Blog
Amy Traub
A new study trashes most of the conventional explanations—and solutions—for the wealth gap. It’s called The Asset Value of Whiteness: Understanding the Racial Wealth Gap. It’s by researchers at Brandeis University and a public policy group called Demos. [...]
In the media
Peter Coy
A study released this week by the liberal-leaning think tank Demos offered new points of analysis on the disparity, one of which was particularly sobering. [...]
In the media
Adrian Florido
Image
Smiling father with a young daughter in his arms
Doing “everything right” — making all the optimal life choices to build wealth and get ahead, despite obstacles — is still not enough for black and Latino households to accumulate as much wealth as their white counterparts.
Blog
Amy Traub
Washington DC – In the closest confirmation vote for a Secretary of Education to date, Betsy DeVos was confirmed by the narrow margin of 51-50, with the historic tie-breaking vote coming from Vice President Mike Pence. Following the decision, Mark Huelsman, Senior Policy Analyst and higher education
Press release/statement

How past racial injustices are carried forward as wealth handed down across generations and reinforced by “color-blind” practices and policies.

Research
Amy Traub
Laura Sullivan
Tatjana Meschede
Thomas Shapiro
Individual choices are not the source of racial inequality.
Press release/statement
In a new report, “ Asset Value of Whiteness,” Demos and the Institute on Assets and Social Policy take a deep dive into the intrinsic link between racism and capitalism; specifically, how whiteness infests the so-called American dream and renders it inaccessible to anyone who doesn’t meet the pre
In the media
Kristen West Savali
A new report out this morning called The Asset Value of Whiteness: Understanding the Racial Wealth Gap purports to shatter traditional explanations for the lack of financial progress in African American and Latinx households as compared to white ones in the U.S.
In the media
Ellen McGirt
Mark Huelsman is a senior policy analyst who focuses on higher education at the think tank Demos. “In an era of entrenched inequality and lack of upward mobility,” he told me, “the same things that would ding a borrower’s credit — a bout of unemployment, an inability to pay a student loan, an
In the media
Nitasha Tiku