The idea of the dangerous Black neighborhood is the most dangerous racist idea. And it is powerfully misleading. For instance, people steer away from and stigmatize Black neighborhoods as crime-ridden streets where you might have your wallet stolen. But they aspire to move into upscale White neighborhoods, home to white-collar criminals and “banksters,” as Thom Hartmann calls them, who might steal your life savings. Americans lost trillions during the Great Recession, which was largely triggered by financial crimes of staggering enormity. Estimated losses from white-collar crimes are believed
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