The Black Tax
The Cost of Being Black in America
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Narrated by:
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Derrick E. Hardin
About this listen
While Black Americans have long felt the devastating effects of anti-black discrimination, they have often had great difficulty articulating and substantiating both the existence and impact of that discrimination to an American public who is convinced that it no longer exists. Professionals in academia, the media, and the business community, along with people in the general public have struggled to explain the significant and persistent gaps (in wealth, employment, achievement and poverty) between Black and White communities in what they perceive to be a post racial America.
In his new book The Black Tax: The Cost of Being Black in America, Shawn Rochester shows how "The Black Tax" (which is the financial cost of conscious and unconscious anti-black discrimination), creates a massive financial burden on Black American households that dramatically reduces their ability to leave a substantial legacy for future generations. Mr. Rochester lays out an extraordinarily compelling case which documents the enormous financial cost of current and past anti-black discrimination on African American households.
The Black Tax, provides the fact pattern, data and evidence to substantiate what African Americans have long experienced and tried to convey to an unbelieving American public. Backed by an exceptional amount of research, Mr. Rochester not only highlights the extraordinary cost of the discrimination that African Americans currently face, but also explores the massive cost of past discrimination to explain why after 400 years Black Americans own only about 2% of American wealth. He then establishes a framework that Black Americans and other concerned parties can use to eliminate this tax and help create the 6 million jobs and 1.4 million businesses that are missing from the Black community.
©2017 Shawn D. Rochester (P)2020 Shawn D. RochesterListeners also enjoyed...
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Aftershock
- The Next Economy and America’s Future
- By: Robert B. Reich
- Narrated by: Robert Reich
- Length: 4 hrs and 30 mins
- Unabridged
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The author of 12 acclaimed books, Robert B. Reich is a Chancellor’s Professor of Public Policy at the University of California, Berkeley, and has served in three national administrations. While many blamed Wall Street for the financial meltdown, Aftershock points a finger at a national economy in which wealth is increasingly concentrated at the top - and where a grasping middle class simply does not have the resources to remain viable.
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Very plausible assessment of our economy
- By CAR TOP CAMPER on 10-06-10
By: Robert B. Reich
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50 Economics Classics
- Your Shortcut to the Most Important Ideas on Capitalism, Finance, and the Global Economy
- By: Tom Butler-Bowdon
- Narrated by: John Chancer
- Length: 15 hrs and 22 mins
- Unabridged
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Economics drives the modern world and shapes our lives, but few of us feel we have time to engage with the breadth of ideas in the subject. 50 Economics Classics is the smart person's guide to two centuries of discussion of finance, capitalism, and the global economy. From Adam Smith's Wealth of Nations to Thomas Piketty's best-seller Capital in the Twenty-First Century, here are the great books and seminal ideas, clarified and illuminated for all.
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The Economics of Inequality
- By: Thomas Piketty, Arthur Goldhammer - translator
- Narrated by: L. J. Ganser
- Length: 4 hrs and 41 mins
- Unabridged
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Succinct, accessible, and authoritative, Thomas Piketty’s The Economics of Inequality is the ideal place to start for those who want to understand the fundamental issues at the heart of one the most pressing concerns in contemporary economics and politics. This work now appears in English for the first time.
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A Survey of the Economics of Inequality
- By Darwin8u on 12-19-16
By: Thomas Piketty, and others
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The Instant Economist
- Everything You Need to Know About How the Economy Works
- By: Timothy Taylor
- Narrated by: Don Hagen
- Length: 9 hrs and 35 mins
- Unabridged
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Economics isn't just about numbers: It's about politics, psychology, history, and so much more. We are all economists - when we work, save for the future, invest, pay taxes, and buy our groceries. Yet many of us feel lost when the subject arises. Award-winning professor Timothy Taylor here tackles all the key questions and hot topics of both microeconomics and macroeconomics, so you can understand and discuss economics on a personal, national, and global level.
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Timothy Taylor is the best
- By Jake on 02-15-15
By: Timothy Taylor
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A Generation of Sociopaths
- How the Baby Boomers Betrayed America
- By: Bruce Cannon Gibney
- Narrated by: Wayne Pyle
- Length: 14 hrs and 49 mins
- Unabridged
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What happens when a society is run by people who are antisocial? Welcome to baby boomer America. In A Generation of Sociopaths, Bruce Cannon Gibney shows how America was hijacked by the boomers, a generation whose reckless self-indulgence degraded the foundations of American prosperity.
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Honest introspection required
- By Niki on 03-31-17
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Adrift
- America in 100 Charts
- By: Scott Galloway
- Narrated by: Scott Galloway
- Length: 3 hrs and 15 mins
- Unabridged
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We are only just beginning to reckon with our post-pandemic future. As political extremism intensifies, the great resignation affects businesses everywhere, and supply chain issues crush bottom lines, we’re faced with daunting questions—is our democracy under threat? How will Big Tech change our lives? What does job security look like for me? America is on the brink of massive change—change that will disrupt the workings of our economy and drastically impact the financial backbone of our nation: the middle class.
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Quick & Informative
- By W. Carillion on 10-06-22
By: Scott Galloway
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American Dreams
- Restoring Economic Opportunity for Everyone
- By: Marco Rubio
- Narrated by: Ricardo Suri
- Length: 6 hrs and 18 mins
- Unabridged
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Marco Rubio's parents came to the United States in 1956. The country they found was truly a land of opportunity, where hardworking people with grade school educations could afford a home, a car, and college for their kids. A country where maids and bartenders could raise doctors, lawyers, small-business owners, and maybe even a US senator. That was the American Dream - our country's central promise to its people.
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Comprehensive and compelling path for renewal.
- By gary on 06-03-15
By: Marco Rubio
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Discrimination and Disparities
- By: Thomas Sowell
- Narrated by: Robertson Dean
- Length: 5 hrs and 2 mins
- Unabridged
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Discrimination and Disparities challenges believers in such one-factor explanations of economic outcome differences as discrimination, exploitation, or genetics. It is listenable enough for people with no prior knowledge of economics. Yet the empirical evidence with which it backs up its analysis spans the globe and challenges beliefs across the ideological spectrum.
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Hard Pill To Swallow - I’m better for it
- By Charles on 01-14-19
By: Thomas Sowell
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Beyond Outrage
- What Has Gone Wrong with Our Economy and Our Democracy, and How to Fix Them
- By: Robert B. Reich
- Narrated by: Robert B. Reich
- Length: 3 hrs and 26 mins
- Unabridged
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Robert B. Reich urges Americans to get beyond mere outrage about the nation’s increasingly concentrated wealth and corrupt politics in order to mobilize and to take back our economy and democracy. Americans can’t rely only on getting good people elected, Reich argues, because nothing positive happens in Washington unless good people outside Washington are organized to help make those things happen after the election. But in order to be effectively mobilized, we need to see the big picture.
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Falls short
- By J. Klinghoffer on 11-04-13
By: Robert B. Reich
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Know Your Price
- Valuing Black Lives and Property in America’s Black Cities
- By: Andre M. Perry
- Narrated by: Leon Nixon
- Length: 7 hrs and 55 mins
- Unabridged
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The deliberate devaluation of Blacks and their communities has had very real, far-reaching, and negative economic and social effects. An enduring white supremacist myth claims brutal conditions in Black communities are mainly the result of Black people's collective choices and moral failings. But there is nothing wrong with Black people that ending racism can't solve. Noted educator, journalist, and scholar Andre Perry takes listeners on a tour of six Black-majority cities whose assets and strengths are undervalued.
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More about Black lives than property
- By J. Craig on 04-13-22
By: Andre M. Perry
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Fault Lines
- How Hidden Fractures Still Threaten the World's Economy
- By: Raghuram Rajan
- Narrated by: Richard Davidson
- Length: 12 hrs and 58 mins
- Unabridged
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Raghuram Rajan was one of the few economists who warned of the global financial crisis before it hit. Now, as the world struggles to recover, it's tempting to blame what happened on just a few greedy bankers who took irrational risks and left the rest of us to foot the bill. In Fault Lines, Rajan argues that serious flaws in the economy are also to blame, and warns that a potentially more devastating crisis awaits us if they aren't fixed.
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A REAL SNOOZER
- By Frank on 12-02-10
By: Raghuram Rajan
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What listeners say about The Black Tax
Average customer ratingsReviews - Please select the tabs below to change the source of reviews.
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- kash
- 01-18-23
Good Book
Great book. It really clarifies what racism is. it's an economic system that drives wealth and power towards and away from particular groups. you can't fix racism without a proactive effort to undo what was done.
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- Lawrence M Carter
- 04-09-24
I love this Book!
I really enjoyed this audiobook. It highlights so many atrocities that need to be addressed for the Descendants of American Slaves.
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- Fred
- 04-20-21
Very Enlightening
Reveals a lot of the costs that people don't typically consider. Would be very informative for all who are willing to accept the information.
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- kennedy millsap
- 12-22-22
A unfitting .book an eye-opener
Great Book leader follower should study this book. every business person should read this book..
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- Anonymous User
- 03-16-24
Very Insightful
This was very insightful, the history shared is relative to what’s going on now. And to put that in one book to show our disadvantage in society was genius. Another great book by Shawn Rochester!
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- The Knoble 1
- 11-26-20
Eye Opening Read
Required Reading 📚
When People Ask What Part They Can Play to Assist in the Years of the Disenfranchised People of (So Called) Color... This Book Would Be an Amazing Start..
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- Lorenzo Bowie
- 08-01-21
Great Information
The author does an excellent job explaining the financial implications of racism and prejudice imposed on all citizens of the United States, especially Black people.
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- Frequent Buyer
- 07-16-23
Love the detail
Great explanations and hardcore details provided to show the deleterious effects of discrimination over time, really thought provoking.
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- Ezra
- 11-06-20
Powerful Statistical & Historic Truth on Black Economic State in America
Excellent comprehensive analysis on the economic state Afro Americans in the United States. As an Afro American male, late 30s, I have mostly seen a large wealth gap (my family included) between blacks and whites and have always wondered to myself, why this is the case. Mr. Rochester provides the analytical and statistical evidence proving the plight of the Afro American is the direct result of systemic and intentional explicit and implicit anti-black bias, leading to The Black Tax designed to financially and politically disempower blacks from having any real wealth nor power.
To think that the collective black person’s defeated position has been controlled and undermined simply because of the pigmentation of one’s skin is a depressing ‘nightmare reality’ for more than half of millennium. (Slavery goes beyond 400 years, hint Papal Bulls)
Despite these historical and statistical facts, I strongly believe we can overcome these challenges with a concentrated effort towards wealth accumulation guided by Mr. Rochester’s solutions. We have to be intentional and focused, because the agenda is real to keep blacks down below the 2% market share in every single wealth accumulation category. (There are news articles circulated with the past 5 years suggesting that Blacks will have zero to negative net worth by the year 2053)
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- L. Johnson
- 06-02-21
You need to know this stuff!
The financial impact has major implications and must not be ignored. Read or listen for yourself and apply in small steps, but we can certainly recoup some of what was stolen/lost/denied. It’s possible!
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