
How today's racial wealth gap can be traced back to the growth of America's suburbs
04/02/21 • 36 min
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Today, the typical White household has about ten times the accumulated wealth of the typical Back household. Some scholars attribute the current racial wealth gap in America to the raise of modern suburbs. David Troutt, a law professor at Rutgers University and author of The Price of Paradise: The Costs of Inequality and a Vision for a More Equitable America, tells CBS This Morning co-host Tony Dokoupil that much of the disparity in wealth and the segregation we see today can be traced back to the growth of America’s suburbs.
Today, the typical White household has about ten times the accumulated wealth of the typical Back household. Some scholars attribute the current racial wealth gap in America to the raise of modern suburbs. David Troutt, a law professor at Rutgers University and author of The Price of Paradise: The Costs of Inequality and a Vision for a More Equitable America, tells CBS This Morning co-host Tony Dokoupil that much of the disparity in wealth and the segregation we see today can be traced back to the growth of America’s suburbs.
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