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

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

FromTED Business


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

FromTED Business

ratings:
Length:
23 minutes
Released:
Feb 15, 2021
Format:
Podcast episode

Description

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.
Released:
Feb 15, 2021
Format:
Podcast episode

Titles in the series (100)

Some of the world's greatest innovators, entrepreneurs, and business researchers share their stories and insights from the stage at TED conferences, TEDx events and partner events around the world. You can also download these and many other videos for free from TED.com that features interactive English transcript, and subtitles in as many as 80 languages. TED is a nonprofit devoted to Ideas Worth Spreading.