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Even before a global pandemic, that was the question we kept asking ourselves. Children are thrown into cages. Anti-immigrant rhetoric. A threat to render our immigrant communities invisible through a citizenship question on the census. Mass shootings from Buffalo, NY to Uvalde, TX.
Over the next 20 years in the U.S., $35–70 trillion in wealth will transfer from one generation to another in the largest generational wealth transfer in history, mostly moving within wealthy white families. The policies that make possible this protection and accumulation of wealth are situated within the legacy of land theft, genocide of Native people, enslavement of Black people, and exploitation of natural resources. This context of racial capitalism has also given rise to wealth accumulation that, in part, birthed the philanthropic sector. Paradoxically, many of us working within philanthropy aim to contribute to changes in systems, structures, and outcomes that address the harms of interconnected systems like racial capitalism that favor some at the expense of others and the planet.
As we continue to learn more about the Supreme Court’s ruling on affirmative action, there are many unanswered questions regarding the broad reach of this decision on higher education and other sectors. Join us to hear from education leaders who are learning and responding to this decision.
We know that using data to inform education policy strategies dramatically increases college access and success in post-secondary education. Many states across the country have set statewide attainment goals, and we can now learn from those case studies. In partnership with Philanthropy California, we invite you to learn about statewide and national education policy efforts that have increased educational attainment and completion for California’s most vulnerable student populations.
The NCG Team
In this second session of the Foundations of Racial Equity Series, we explore racial capitalism, which describes the current economic system of extracting social and economic value from people of color. Racial capitalism is based on the theft, exclusion and exploitation of the land, labor, and capital of people of color. Philanthropy—as a social, political, and economic strategy of society’s wealthiest people, mostly white men, and institutions that “do good” while moving wealth without tax exposure— upholds racial capitalism.
Dual enrollment, also known as concurrent enrollment, allows students to take college classes while still in high school. This can expand the course offerings available to high school students (from vocational pathways to advanced classes), increase postsecondary enrollment, and decrease the time and cost of postsecondary certificates and degrees.