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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.
The Asian Pacific Islander (API) community is gravely impacted by both the criminal justice and immigration systems, yet we don’t hear enough about the challenges and needs of this population. The API prisoner population grew by 250% in the 1990s and API individuals incarcerated in California received life sentences at double the rate of the overall state prison population.
The neighborhoods we call home are steeped in meaning, culture, and history. Across Northern California, historically Black and other people of color neighborhoods are working to reverse and repair decades of community removals and neglect, while facing ongoing pressures that threaten resident and business displacement. These communities have initiated reparative and inclusive economic and community development efforts along commercial corridors that center the culture, values and history
of local residents.
Partners can join as NCG Members. Membership is organization-wide: your entire staff and board receive member privileges. Membership is for one calendar year. You may arrange to pay on a different fiscal year schedule.
As the political economy ebbs and flows, California finds itself dealing with significant budget deficits more frequently, which ultimately impacts our state’s most historically marginalized residents. Cuts to important programs impacting housing and homelessness, the social safety net, climate resiliency programs and much more have a disproportionate and adverse effect on women and children, low-income families, rural communities, and neighborhoods of color. Nonprofit and direct service organizations often see an uptick in their clients during economic downturns and are compelled to fill the gap without augmentation in funding and resources.
Disasters and crises impact more and more Californians each year, and our state’s nonprofits and funders often find themselves on the front lines of helping the vulnerable communities most harmed by these events.
Why does philanthropy change its focus and strategy so often, and on time frames that are unrealistic for minor victories let alone systemic change?