The color of money baradaran6/28/2023 ![]() Irish and Italians that were involved in the industry north and the unions were able to work their way into the union ranks and to make sure the Blacks were never involved in the unions. ![]() ![]() Those were huge bonanzas of credit and subsidies that went to create the American middle class, and they were strictly given out on racial lines.īy then, Italians and Irish were white, and they used their position of whiteness even to block Blacks from collective action power. You know? And they got to take advantage of FHA mortgage loans and the GI bill. Whiteness went in sync with economic power, and so insofar as you could be white, which is what the Irish and the Italians could do and the Germans and the Jews, after the new deal, got invited to be white. MEHRSA BARADARAN:ěecause African-Americans were never deemed white. Why was this not available to African-Americans? ![]() You know, Italians and other groups were able to kind of overcome the demonization that happened to every immigrant group when they came to America, and they became white and were able to build that prosperity. ![]() You talk about how Bank of America, one of the biggest banks today, was originally the Bank of Italy. JAISAL NOOR:Ěnd in your book, you note that many other immigrant groups had their banks, and they were integrated into American society. Mehrsa Baradaran details how government policy created white middle class wealth while simultaneously impoverishing African Americans ![]()
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