The Color of Money & Racial Capitalism – LPE Project https://lpeproject.org The Law and Political Economy Project Thu, 06 Oct 2022 01:39:25 +0000 en-US hourly 1 https://wordpress.org/?v=6.8.1 https://lpeproject.org/wp-content/uploads/2020/08/cropped-LPE_Favicon_512px_BlackBG-450x450.png The Color of Money & Racial Capitalism – LPE Project https://lpeproject.org 32 32 The Impact and Malleability of Money Design https://lpeproject.org/blog/the-impact-and-malleability-of-money-design/ Mon, 25 Mar 2019 11:30:54 +0000 https://lpeproject.org/?p=2165 This post is part of a symposium on Mehrsa Baradaran’s The Color of Money. Read the complete symposium here. *** Mehrsa Baradaran’s book teaches us that money has a color, an arresting proposition to fans and foes of capitalism alike. As she points out, economic orthodoxy posits that the transactional medium is itself a formal instrument: money expresses but does not affect the value of the...

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]]> Racial Myths, Market Myths, and the Policy Roots of Predatory Lending in 1970s Chicago https://lpeproject.org/blog/racial-myths-market-myths-and-the-policy-roots-of-predatory-lending-in-1970s-chicago/ Wed, 20 Mar 2019 11:30:17 +0000 https://lpeproject.org/?p=2138 This post is part of a symposium on Mehrsa Baradaran’s The Color of Money. Read the complete symposium here. *** In The Color of Money and in the opening post of this Symposium, Mehrsa Baradaran challenges the notion that markets exist outside of political power. What she shows for credit policy, I have shown for housing policy, particularly in my book, Family Properties: How the Struggle over...

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]]> Black Proprietorship and Crises of Value https://lpeproject.org/blog/black-proprietorship-and-crises-of-value/ Tue, 19 Mar 2019 11:30:30 +0000 https://lpeproject.org/?p=2136 This post is part of a symposium on Mehrsa Baradaran’s The Color of Money. Read the complete symposium here. *** By shedding historical light on the development and practices of black banking, Mehrsa Baradaran’s excellent and thought-provoking The Color of Money demystifies some fundamental free market myths and strongly cautions against the widespread faith, among policymakers and activists alike...

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]]> Symposium: The Color of Money & Racial Capitalism https://lpeproject.org/blog/symposium-the-color-of-money-racial-capitalism/ Mon, 18 Mar 2019 11:30:32 +0000 https://lpeproject.org/?p=2119 This post is part of a symposium on Mehrsa Baradaran’s The Color of Money. Read the complete symposium here. *** When I started research on the project that became The Color of Money, I wanted to write a book about racial disparities in access to credit. When I started digging into the history, I started to realize that there was a much bigger story here, one that undermined one of the most basic...

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