Wednesday, November 10, 2010

Social Class & Wealth Disparities

3 Racial Differences in Wealth Accumulation:
- Racialization of State Policy (state policy has hindered progress and wealth accumulation of black Americans)
- Economic Detour (business opportunities at a low)
- Sedimentation of Racial Inequality (many variables are in place that keep blacks on the bottom of the class system)

Interviewee:
- Kevin is a home-owner.  He is an elderly man who is retired from the working world.

Findings/Themes
- The theme of this work seems to be that we limit certain families so very much, and without proper opportunities and funding, we will never be able to help these families and the individuals within them to achieve their goals or surpass their situation and move to the next level in society.

Solution:
- The solution presented within the article is legislation with specific aim toward assisting black families and providing them with the assets necessary to move forward.  I believe this is partially true, but perhaps instead of new, racially-specific laws, we should look to the laws we already have to make them all-inclusive.
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My Story:
- I began college right after high school with one goal in mind - getting out of my house.  I studied at ISU for two years before realizing I had no drive and no idea why I was really there.  I took 5 years in the professional world sans degree to realize the importance of a degree, as well as my career goals and aspirations.  I had difficulty relating to the article because I am a returning student of 25.  I guess what I take from it is that not matter how old we are when working toward a degree, we each have our own unique set of challenges and hurdles to overcome on the way there.

1 comment:

  1. Thanks for sharing your story, Will. It's powerful. I do agree that each of us bring different challenges and hurdles. And, I am sure your professional work experience contributed immensely on how you socialize into college now. Great blog entry!

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