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About Video - Rise of Legacy - From Trustee to Enslaved - What’s your legacy in America?
Rise of Legacy - From Trustee to Enslaved - What’s your legacy in America?
Attorney Antonio Moore talks with guest about the rise of dynastic wealth and its impact on black life. Moore details wealths impact on America using articles from Bloomberg, Citylab, and Huffpost.
https://www.huffingtonpost.com/antonio-moore/the-era-within-which-lega_b_3413273.html Legacy’s power in the U.S. is interesting in that it is remembered for when it carries the gifts of wealth & security, but much more often it bears the unforgiving pain of poverty. It becomes hyper-exaggerated in both directions when laws and policy are designed to expand the gaps between the two groups. I believe that when laws that favor groups create unequal opportunity, it becomes a direct clog in the engine of Capitalism. Free enterprise cannot be free when it is burdened with the weight of a yesteryear, which created mass inequity, so directly by law. Slavery and Jim Crow as legal institutions have legacies that not only clogged American Capitalism from being a truly fair opportunity for all, it has burdened Black America particularly with heavy social cost and chained them as a mass group to lives of struggle. As stated by an opinion article in the Grio “Reagan revisionism can’t whitewash his history with blacks,” this became exaggerated in an era during which Ronald Reagan and his policies from Trickle Down to the Crack laws turned up that impact exponentially by changing the black families trajectory for the worse. People revise America’s history to recreate figures into heroes, repainting their actions with each brush stroke of slanted memory.
https://www.bloomberg.com/news/articles/2018-06-07/rich-kids-are-counting-on-inheritance-to-pay-for-retirement?utm_campaign=news&utm_medium=bd&utm_source=applenews
https://www.citylab.com/solutions/2017/05/the-100-year-old-penalty-for-being-black/526731/
http://politicalgates.blogspot.com/2011/12/citigroup-plutonomy-memos-two-bombshell.html