Explained | Racial Wealth Gap | FULL EPISODE | Netflix 

Its painful

Jonas Kgomo you are lucky u are not part of it anymore

@@MsBloo I will check it out 🙏🏼

Yall sure have depreciated

@@jameylane9196 I've seen you under a few other comments, the truth really hurts huh lool??

I think everyone needs to read James Baldwin at least once a week. (And Angela Davis. And Audre Lorde. And Ibram Kendi. And Ta Nahesi Coates. And...)

project independence - Sure, cotton, I guess all that science and engineering came out of the fields too? Shut the F up.

@@jameylane9196 no out of my country and others.

@@jameylane9196 If it wasn't for the free labor, there would not be capital available to develop those sciences you speak of..

@@mr.sheppard - That labor capital wasn't spent on the advances, and wouldn't even begin to cover it. Keep telling yourself that....and keep losing the game. It's cool....someone has to lose.

If you were born in America, you’re American. Not African American.

@@joshualbenitez1208 Thank you for your comment. I was born in the America but I consider myself African American. And as an African American in America I have been forced to hold my race close to my identity (and citizenship). You are entitled to your opinion - just not on my comment.

C. Brooks It’s my pleasure. But you’re an American.

Joshua L Benitez just because u weirdo ass Hispanic people hate your culture so much doesn’t mean everyone else has to 😂

Don’t fall for the identity politics, it’s all about the individual.

Love that description "wearing their ignorance like jewelry" FACTS. Ppl be saying things like "i don't see color!" "we've made so much progress, rascism doesn't exist--!" etc, etc. Ugh. that makes people willfully ignorant of the systemic issues!! Especially when it comes from rich/ middle upper-class white folks...they are the ones most likely to be going on to become policy makers and government officials, they are the ones who need to understand these issues the most, as they can shape the future right now!! Harvard/ivy league legacy students and such need to get this. and do more for these communities!

You're right! No one should be walking around ignorant with all the information out there! But you'll be surprised!

White Liberals virtue talk, but they wouldn't find themselves buying any property or building a business in black neighborhoods any time soon.

@@marydavis7978 Worker-Class-Struggles were amazingly covered by Second Thought and Some More News. I will spam-this-comment-here in the hope to reach more people, hoping my Intent is what is seen and not my stigmaized-practice.

@@marydavis7978 some people fear information different from what they were taught or use to which makes them ignorant

Sofía García That’s what white people taught you and you believed it.

Thank you for being open minded and willing to change your view when you get addition context and information.

StopBeingRacist facts

you're spanish lol typical of you to say such a thing, glad you learned something.

America has never reconciled with its history, it’s systematic racism is one of the worst. Majority of people in this country share that view you had.

John Vumazonke - I believe that's called a "crutch" AKA an EXCUSE. Last time I checked we're all floating on the same rock, in the same shitty game. A-HOLE.

Jamey Lane it’s obvious you’re dense if u cant logically see how all this is accurate....the fact that u call it an excuse shows your low level thinking capacity.

@@jameylane9196 You're right about it being an excuse - a very VALID excuse. 300 years of discrimination will damage generations for hundreds of years after, and you expect the discriminated to fix that themselves? That's like shouting at someone with a wound for not being able to stand up, while not trying to help them.

@@jameylane9196 Firstly - they're not my problems, because I'm white and they affect people of colour. And secondly, do you think insulting people gives you the leg up in a debate? Because ironically - it just makes you sound immature.

Jamey Lane truth hurts don’t it 😭 don’t cry baby

Dwight you words are appreciated.

Dwight Schute can we talk, got a couple of questions.

you are free to be an idiot

LOL

May God bless you to sir, and he will. Ignorance is bliss until you find out that there are more than just natural laws governing the universe, according to the law of God, those who lead into slavery, shall be lead into slavery, those who practice greed, shall know depravity and so forth and so on. But the simplest and best law of all, is that you simply get what you give!

@ra al umm yeah sure African Americans put themselves in slavery. That really makes sense.

Yeah you can blame democrats for all of that but ay............

@ra al What do you mean?

@ra al yawn... people like you are BORING!

fuckin amen my dude

project independence - Shut the F up....you are the biggest whiner on here. The sooner to take responsibility, your shitty life will turn around (maybe).

I highly recommend you to watch "The 13th" documentary from Netflix (free on RU-vid)

Great, now do something with this knowledge otherwise it means nothing.

Jamey Lane You’re in denial

@rockster10101 You are misunderstanding. Do something with that political insight and try to change things.

Chicago is now the worlds' most wealth polarized city, why? those politicians living in their mansions dont care

@@WilliamKiene-yg7rq agreed, and book actually explains how we can...and yes of course..I'm assuming you're referring to a FICO credit score sir? not sure what FICA is

@@WilliamKiene-yg7rq You are correct. They do! Stop waiting for a country that has NEVER been in their favor to help them. African Civilizations thrived for Thousands of years when Western Europe was in the Dark Ages without sanitary conditions.

Tell white ppl worry about opioids and lil Timmy killing the whole family over a xbox game

@@WilliamKiene-yg7rq They did it, without the help of white america - it was called Black Wallstreet...and then that was distroyed. I step forward, 400 (yrs) steps back and counting

Same for us black people born in France...!

Looters don't care about their own communities, gangs care only about their own members, thugs are just looking for something to destroy. There are studies proving that white liberals have vastly exaggerated perception of black victimization, in fact black people think of themselves as less oppressed than white liberals think they are.

@@gallanonim3328 This is the most ignorant post that I've seen on the internet in a week. congratulations.

@@HenryHeymusic I'm really sorry for offending your sacred values.

@@HenryHeymusic I don't agree with him, but calling someone ignorant is not an argument... It's a copout.

@@goosenuggets9693 I don't expect G.A. to come to any realizations, to do any intelligent work of discovery or to muster any compassion. I'm not looking for a discussion with GA because I don't think that potential for discussion is there. A statement was made that is absolutely patently false, and based on a narrative that is the biggest part of the problem. Confirmation bias plays there as well.

They'll agree with every scenario on how the past might effect the future but this one because it hurts their feelings.

They also see racism as name calling but intentionally refuse to acknowledge the truth

Placing racism in the past is a tactic they use to absolve themselves of personal responsibility.

...and those are FACTS!

Aaron - Do you want us to get your mommy? Are you going to cry?

@Internet Critic time, the current economy, racism, classism

4:46 to 5:12 + 5:20 to 6:00 = 1:06 0:23 to 0:33 led to this mindset 2:07 13:55 15:21 If we were equal from the beginning, Black Families would have a similar wealth to their counterparts.

You were very unlucky. Fifteen years latter they were giving loans to people who were not only unemployed but also had no wish to be employed

Thank you for doing the right thing for the betterment of the entire community and the world for standing up to injustice 🙏 I salute you ❤️

And im sure its still not paid off

@@juanwessels8343 What makes you so sure

Nonsense, same scenario - put it in an index fund and it’s grown on average to that value inside of 2 years. You can put the money in index funds with $1000

@@Garyboldyful Being able to not spend one is much easier.

@@Garyboldyful what a spectacularly shortsighted response! It is obvious that he is assuming that all one has is $1000 and you're suggesting to put it all in an indexed fund ..... How do you expect the him/her to pay the bills and shop for grocery??? One needs disposable income to invest!

@@Garyboldyful you're missing the point

@@Garyboldyful And with that ignorance, the cycle continues.

Truth hurts.

The comments are ridiculous too. People discounting the whole video just from their experience in life.

It's a damn shame huh

Whites represent 75% of population in USA, that's why! 😂 they don't wanna watch it

The struggle is real, it’s uncomfortable to face

Thank you! Very well said! The problem with all of humanity is ‘Cognitive dissonance’ and it plays out in-front of us every day! I ask this,who is alive and today to be held responsible, for the crimes against humanity that were committed yesterday?! I know myself and many many other black people do not blame the 21 year old white boy born and raised in Atherton, CA and graduating Stanford business school who is most likely going to create his own tech start up company and be a multi billionaire with his fellow colleagues... he was born into his life of privilege, and it is not his fault for what his ancestors did... but it is now the responsibility of every single middle and higher affluent class people white or any other race for that matter, to extend the hand, and help their fellow Americans, especially if they are black and other minorities... because the government isn’t going to do it, the government is only here to protect the wealth of the elite, Donald trump is a perfect example to prove my case... it is our responsibility to take care of each other! Because if You don’t have it, than I don’t have it, and if I don’t have it, than nobody has it! The wealthy are only wealthy because there is a working lower class that allows them that wealth, we literally create and sustain the wealthy because we are compliant with their rules... but the reality is one day, the lower class is no longer going to be compliant, and I’m not just talking about black people... and when they no longer are compliant, and they are in a position where they don’t have access to resources, but only the wealthy do, then best believe they are going to take it from them... so that means the lie of the system is exposed, and that lie acts only in self interest for the preservation of self, but you can’t preserve your self, unless you act in the interest of everyone around you!

@@johnathansaucier6339 my apologies for assuming they were Italian . I tried to change my comment to European. My point is America has a long history of keeping african Americas oppressed by keeping them uneducated and unable to have access to wealth.

Not tryna be rude or somethin but my question is why do black people and asians go against each other? Why not just help each other out. White people get away with ANYTHING because other races be throwing so much criticism towards each other while we could just work together. Be kind to everyone and make this world a better place. (btw I'm blasian so I have experienced getting hated on by asians and blacks).

Malc Jonez 💖💯

@@Samantha-gg1vi I think the hate comes from racist (key word racist cuz I know some moron gon say I'm generalizing whites) whites pitting Asians and blacks against each other . we just don't see it. in conversations about inequality racist whites use wealthy asians as some sort of irrelevant token to try and shut black people down in conversation. Instead of getting mad at the racists we get mad at asians which is wrong.

Nepal has a big wealth gap than this tbh. Here middle class and poor are getting poorer whereas rich people who mostly consists of politicians and some businesses man are getting filthy rich. Its really sad and depressing here.

wtf , your comment doesn't seem to light anything was in the documentary. your heart melts because Nepal is in between of China and India. hahaha Jesus...

@rockster10101 what?

98 stupid liked this without reading that this comment explains nothing

Yes it is hugely financially rewarding to dispel untrue, harmful stereotypes against the black community. Many large companies have opened new departments to do this sort of thing. Pity it doesn't extend to Chinese and Japanese companies

We have been dealt a bad hand in South Africa. It is so difficult to generate wealth in one generation

The fact that the beginning of generational wealth is only beginning dominantly with our generation is even more frustrating. Sometimes you don't get hired because you have too Much qualifications as a black person yet they don't hesitate to hire Fanie who only has a Matric certificate.

It's just ubuntu my guy, in my country Zambia we also have the black tax and I think so many African nations have it too.

How do blacks do in South Africa compared to other parts of Africa?

@@kgabomolele3346 wtf people don't get hired because they have too much qualifications!!! How's that possible

The black Congressional Congress literally wrote the mortgage law that took away 53% of African American wealth. That's more wealth than all of colonial Europe took out of Africa for 100's of years in less than 10 years by your own politicians. Try not electing people solely based on their skin color if you ever want to succeed in politics 😉

So very true! I've watched The Money Masters documentary and it's very informative and eye opening how currency came into human history. Humanity has failed by only caring about such things that believe have value.

That is a scary statement, and it's true.

Let’s hope it would’nt always be.......let’s hope for our children’s future

This is so incredibly sad, I’m one of the children struggling to have their own, I was born in Barbados 🇧🇧 with no inheritance and at the bottom of the barrel, I now live in canada 🇨🇦 the most I can do is work hard, save, try to invest and hope to buy a home at some point to have a starting point for my 11yr daughter.

dont give p on that dream!! I've got your back :)

How are blacks going to afford home equity with one baby mama's income?

@@oyotundookubegwa520Nigerians like you, Oyo, always think they are better than black people, smh. This is what I hate about our community. Black Americans are the ones that paved the way for everyone in Africa and the diaspora to come and make a life here.

Yes you can make good money explaining the wealth gap

Many have tried, we call them shills.

it doesn't cover why Asians & Indians in the US earn more than whites

tytube3001 they benefit from racism my friend

@@tytube3001 Because they account for 5% of the population. and majority of those are Chinese and Indian wealthy children (communist China alone having over 100+ billionaires). those that can afford coming here, come here. small population, less poverty rate that can even afford to come to USA. Asian immigrants who can afford to come to America tend to be wealthier. If you look at South East Asian tends to have the lowest high school graduation, even under Black people (who people assume is majority). Majority of Asians can in the 70s and 80s, when the immigration law was passed. They didn't experience any of the raw turmoil in the US as other minorities, so they were able to just thrive. While the others were still held down. Whites are the majority, so you're going to have a bigger poverty curve. Where majority of Asians (Eastern Asian) coming to America already had wealth from their previous country.

yeah of the past, quote me some systemic racism laws now?

@@tytube3001 They come into the country as higher skilled workers.

Why?

what so white people can feel superior?

I agree with cooperative economics but society has changed greatly over the last 50 years. Many have been in survival mode for generations which still means that wealth gap persists. Without resources, how do you expect people to help one another? In addition, poverty amongst black people have dropped significantly. Many have a tendency to over romanticized bygone eras without acknowledging that most of the black people in those eras were still poor.

@Daniel Chang Robert f Smith is a billionaire. No its not

Every time the government makes a law or program to help the Black community. It make it worse. Stop Enabling people and teach them financial education.

@Win From Within Haaaa I love the smell of constructive criticism hahaha thanks for that

not really how it works

Im afro Caribbean and an immigrant. I've lived in America permanently for the past 15 years and although my home country didn't have the proper infrastructure for me to succeed (I don't know what country in Africa you are in) I can say there is still an American dream. I was able to get a college education and work a good paying job right out of school. Im lucky , I won't say the racism isn't bad here, honestly you get numb to make it through the day sometimes but the black people I've met here have changed my life for the better.Their history , culture and strength is astounding and there's so many other cultures that add on to this country. I wish you luck in your decision.

I guess everyone has their own view of the dream depending on their contexts and experiences. A lot of my friends are still very keen on coming to the States next year, so the dream lives on for them. I want to believe that I would have the opportunity of being one of the lucky ones as well, but in as much as there is a chance for that, there is also a higher chance that I might have the most miserable experience I could have ever imagined. I am truly happy that you're making it work, In- TRANSIT. And I wish you good fortune in your pursuit of a place that feels like home, BM 20. I live in Botswana but I've been in the Kingdom of eSwatini doing my last 2 years of high school, and as far as I know, both countries are very accepting of immigrants like most other African countries, in fact, we accept all communities with open arms:) However, the sad thing is that we are still conditioned to believe that America, Europe, and Asia(specifically China) are the places you NEED to go to for great higher education :( I just wish we would focus on also getting our education to international standards instead of perpetuating brain-drain and pushing our people to places where they are clearly not wanted. But Kudos to all the people of color making it out there👍🏽😊

BM 20 u don’t certainly understand the privilege born in US. Just go to developing or underdeveloped countries and see the infrastructure. I came as an immigrant to US and did master’s in electrical engineering and got good job. I’m happy to be in this great country contributing to this economy. Don’t tell anyone to not come to this country and pursue education. P.S- I’m person of color(poc).

@Adil Alfa that is only on the surface, given the current pandemic, CCP has shown its real face, I'm not sure you would say the same thing if you dig a little deeper.

I am American if I were you I would look into studying in Canada. I wish I could say you would be safe here but with what just happened in Georgia.

@NATH klko

I am so sorry you experienced this your entire life, it does wear you down and people are quick to be dismissive of how such treatment will take its toll overtime. Even if you are equal on paper, doesn't mean you are actually equal in society. I had a few friends with mental/physical disabilities and it really opened my eyes alot to that fact, which I only see and understand more and more the older I get.

and human rights, but obviously there are good people, the core of the problem is greed.

rockster10101 Not in cohabitation

Trust me, im a white american and its honestly sick how our politicians use us as puppets to push their agenda. And black people in some communities are harrassed so much by police that they have no chance. You ever wonder why our low income is 1/3 of our population, and 1/3 of our population have a criminal record. But no one wants to speak on that either

@rockster10101 it isnt

@rockster10101 nordic countries r best at everything and thier ethinc group is majority of 98%

this is sound advice. and also i say hold off on having kids until you are in your 30s. i’m dominican and i’ve seen too many of my friends and family stay in poverty because they had kids too early. i rarely hear people talk about this. yes, it’s our human right to have kids but they ain’t cheap but if you have them and aren’t financially secure, you and your children are more likely to struggle.

@@JeffWithAnF Yeah, don't have kids until you can securely afford them. This should be taught in school...

and we need others to get on this, even if they aren't black, so these policies can change, and this systemic racism can be rooted out.

I hope you‘ll achieve all your goals! Good luck 🍀 You can do it ❤

Ignorance is a choice. People rather pretend this isn't an issue unfortunately.

People only see what they want to see।

cricket is religion in India, where 1.3 billion people live with one of the world's cheapest internet plans. henceforth, more views are inevitable

@@KevonKadiwala96 yeah and then there's the rest of us from non-India trying to understand the craze :)

India

You're right! Just got an increase in SNAP Benefits!😃😃😃😃

The truth hurts and people would rather be ignorant to reality

Because they Really give no F@*KS about us natives TBH😯😯

This isn't new. They released on Netflix way before.

It goes against the narrative they have about the world, they’d have to shift their worldview

I am. I realize how messed up our whole society is but most are just ignorant.

You're tone deaf

@Robace Kai Siang Tey luv U man,

"affirmative action" ARE FOR MINORITIES ! REPARATIONS ARE WHAT WILL GO TO "African Americans" ONLY !

@@johnmoscato4648 but isn't the whole point of affirmative action is to bring all the races up to the same level of education and wealth as Caucasian due to centuries of injustice done by Caucasians towards them? The way I see it, that injustice has only been done towards African Americans. All other minorities came here on their own will and all of them are doing way better than African Americans. The Asians are actually doing much better than Caucasian on almost all metrics.

John Moscato very true as a Latino myself my culture not all of them but the majority of them are stupid with their money choices. Bars, partying, expensive cars they can’t afford, expensive clothes they can’t afford you name it. We spend on useless things instead of saving and investing in things that would lead to generational wealth

@@FHkhiUS "injustice has only been done towards African Americans" Tell that to Native Indians and former colonies such as the Philippines and Puerto Rico. Educate yourself please.

@@Blues3088 I am in full agreement with you regarding Native Americans. They have really been on the receiving end for a very long time and deserve to receive all the benefits. I don't think anyone in their right frame of mind will contest that. As for Puerto Ricans and Philippinos, they have chosen to come to this country, as opposed to African Americans who were brought here against their will. Argument can be made that US govt should pay the govts of PR and Philippines for the injustices done to these former colonies, but why should the ones chosing to come here voluntarily be compensated or given any esp treatment??

CRT is need.

❤🙏🏽

sympathize, not empathize--empathize means you understand what they're going through as you've been through the same thing/ something very similar.

but love the support!

And as human beings we lap up everything that is fashionable. And right now feeling the pain of the Black community is spot on fashionable. Going to a " defund the police" demonstration is a must.

Most are too caught up in their perceptions of things to ever understand others.

Where did you graduate from? Just curious congratulations on graduating btw!

people want thier cut to be bigger all the time...

I agree. I do think this was strategic. You will get a lot more viewership among white people if you are less controversial. Now a person who have watched this, does a bit more research and find more injustices like you just mentioned. Then maybe start watching more 'truthful' documentaries. So while this a basic explanation, it still has an important function in change.

Can you tell me where I can read about these things?

@@nataliawoolen1400 there are many books but start with a book name "They were her property" it go into how white women owned slaves and attached themselves to affirmative action. then read "When Affirmative Action Was White' this will give you the in and out of how actually attached themselves

@@demonte87 I appreciate that knowledge. Thanks again.

The word you were looking for was "ignorant" not " indigent". Indigent means broke, lacking money/resources. Ignorant means uninformed or lacking knowledge. And yes, we all got the meaning of your post. I'm black too and I feel you, literally.

Yes that's the way to catch up with China

@@marioformosa4259 I’m sorry, what does China have to do with our racial inequality issue?

@@HenryHeymusic well if you prioritize equal outcome over opportunity, then your economy will resemble communism.

@@mike-ws3jl No, this is prioritizing equal opportunity - not equal outcome. If people of color are cut short of opportunities then we have this gap. It's happened again and again. 'The rich get richer' is certainly more than just a saying. If one family's financial baseline is to just be able to cover the bills, and another family can cover the bills and invest a bit, who is going to be ahead in 10 years? Extend this to several generations and this is what we get. But here's another upside that conservatives seem to skip over: Financial opportunity given to people of color will result in a greater GDP and a greater overall national wealth.

@Ronald Reagan so you assert that people who are born poor and uneducated just stay that way because they want to? They should just 'pull themselves up by their bootstraps' and make money huh? For people who don't have a college degree, those >60k jobs are just out there for the taking? Look at how silly this is.

Why should people who were never slave owners, give people who were never slaves money? Learn about credit and markets and that is your ticket to wealth

Andrew Elick Someone didn’t watch the video

@@MM-zt4oe I watched the entirety of the video. Get a job and build your credit son

@@michellel9114 You should consider that in 1865. there were 4,4 millions Afro-Americans, today around 40 millions, giving reparations doesn't make sense. Most of "white people" weren't slave owners...

Way to blame others for your failure whilst taking no responsibility for your own with no attempt to improve your life. Quit blaming others for everything and take responsibility for your life.