this post was submitted on 10 Oct 2024
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The myth of black capitalism (lemmy.ml)
submitted 1 month ago by [email protected] to c/[email protected]
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[–] [email protected] 12 points 1 month ago* (last edited 1 month ago)

That's just not true. In the US for example we know wealth was less concentrated in the late 1700's, early 1800's, and then again with the New Deal after the Great Depression. In fact the wealth gap in the US alone is higher now than it's ever been, including during the Gilded Era.