Racist Banking Policies Keeping Black Americans From Prospering | Racist American History

In America today, for every $100 of white family wealth, black families only have about $5.04. It’s a direct result of centuries of racist banking policies that have systematically kept black Americans from being able to prosper.

MLK On Economic Justice


Norman Kurland Interview on Russell Williams’ Show, The Challenge

In this 29-minute interview, Norman Kurland explains the Just Third Way, a new economic paradigm that arose largely from the ideas of Louis Kelso. Kurland explains to host Russell Williams how this justice-based approach could support democracy and help us address many of the problems facing communities, nations and the world. He also outlines the national economic reform agenda called the Capital Homestead Act, how it would work, and how it would offer every child, woman and man equal economic opportunity and equal access to the means to become an owner of advanced forms of productive capital. Kurland relates how these ideas might be applied locally through Citizens Land Cooperatives to help rebuild struggling communities and economically empower every citizen.

Pres. Ronald Reagan speech (August 3, 1987) praising “High Road to Economic Justice,” report of the Presidential Task Force on Project Economic Justice

In 1985, Center for Economic and Social Justice (CESJ) members initiated and mobilized bipartisan support for Congressional legislation which established the Presidential Task Force on Project Economic Justice under President Ronald Reagan. Project Economic Justice, which was first conceived in a strategy paper authored by CESJ, offered a revolutionary economic alternative to military solutions to regional conflicts in Central America and the Caribbean.
Enacted as part of the International Security and Development Cooperation Act of 1985, this legislation created the first presidential task force to be totally funded with private donations and supported by both the U.S. Chamber of Commerce and the AFL-CIO. Former Ambassador to the Organization of American States and the European Community, The Hon. J. William Middendorf II, served as Chairman. CESJ’s president, Norman G. Kurland, served as deputy chairman.

Norman Kurland testifies at the 1992 Congressional Black Caucus

Excerpt from CESJ testimony before the Congressional Black Caucus, on an economic empowerment agenda to democratize access to capital credit and ownership. : Juan Williams, moderator. Recorded by CSPAN-2 on September 24, 1992 (“Politics of Diversity).