“Before his death, Dr. King emphasized the dignity of labor and economic empowerment for all through his plans for the Poor People's Campaign,” said Dr. Russ Wigginton, National Civil Rights Museum President. “Fifty-five years later, significant gaps remain between the "haves" and "have nots" and opportunities for people to reach their economic potential. The Museum is committed to raising awareness and working with leaders and organizations to find remedies to close these gaps.”
On April 27, The Museum hosted a hybrid discussion, “Building Black Wealth: Past, Present, and Future,” to highlight the history of structural racism and systems that create wealth disparities between Black Americans and other communities. By analyzing labor, employment, and economic development, panelists hoped to inspire action toward building a future of economic safety and prosperity for the Black community.
“Building Black Wealth” is a topic shrouded in common myths about how success in underserved communities should look. Practices leading to divestment and distrust in economic power have delayed solutions to equitable and sustainable economic change. Moderated by Roshun Austin, the President/CEO of The Works, Inc., the panel covered strategies for building equity through capital gains, social programs, and policy reform that address the high cost of education, increasing debt, and increasing interest rates.