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Segregation Helped Build Fortunes. What Does Philanthropy Owe Now?

Stanford Social Innovation Review

By prohibiting any future sale of the property to Black or other non-white owners, restrictive covenants gave white buyers confidence that their homes and neighborhoods would remain white enclaves and therefore retain the “ enduring value ” that Cafritz promised for his “lifetime homes.” It was profitable to do so. As historian N.D.B.

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Movement Economies: Building an Economics Rooted in Movement

NonProfit Quarterly

This was not so often the case in the 1960s, when civil rights laws were passed and long-term employment, at least in unionized sectors, was the norm; it is the case today. 23 William Gale, codirector of the Urban Brookings Tax Policy Center, concurs. Are poverty wages less miserable because your boss is Black?