How you can shrink the wealth gap. Now. | Kedra Newsome Reeves episode artwork

EPISODE · Feb 15, 2021 · 22 MIN

How you can shrink the wealth gap. Now. | Kedra Newsome Reeves

from TED Business

Did you know that in the US the average white family has ten times as much wealth as a black family? Ten times. But while we wait for government policies to shrink that gap, we all decide where our money goes. So how can we collectively chip away at that gap, now?In this episode, we find out. First, through a talk by BCG consultant Kedra Newsome Reeves that follows her family through generations to understand how policy helped build this gap—and what financial institutions can do now to shrink it. Then, Modupe talks with founder Shani Dowell, the first black woman in Tennessee to raise a million dollars in VC funding, about the creative techniques that anybody can use to start redistributing wealth in America. Hosted on Acast. See acast.com/privacy for more information.

Did you know that in the US the average white family has ten times as much wealth as a black family? Ten times. But while we wait for government policies to shrink that gap, we all decide where our money goes. So how can we collectively chip away at that gap, now?In this episode, we find out. First, through a talk by BCG consultant Kedra Newsome Reeves that follows her family through generations to understand how policy helped build this gap—and what financial institutions can do now to shrink it. Then, Modupe talks with founder Shani Dowell, the first black woman in Tennessee to raise a million dollars in VC funding, about the creative techniques that anybody can use to start redistributing wealth in America. Hosted on Acast. See acast.com/privacy for more information.

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This episode was published on February 15, 2021.

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Did you know that in the US the average white family has ten times as much wealth as a black family? Ten times. But while we wait for government policies to shrink that gap, we all decide where our money goes. So how can we collectively chip away at...

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