The Racist & Rigged Economy Throughout U.S. History

Table of Contents

I will examine and breakdown the methods crony capitalists have used to rig the U.S. economy against Black communities. This knowledge will provide the foundations for understanding the current widespread economic inequality plaguing most American citizens today, regardless of race. 

Rasist and rigged economy

  1. 1700-1865: Around 338,000 African people were shipped directly to North America. Sold to the highest bidder, the enslaved had to perform unpaid labor. 
  2. 1865-1930: With the end of the American Civil War and President Lincoln’s Emancipation Proclamation, some slaves in designated areas of the Confederacy were freed. Still, many were prohibited from attending Medical or Law School. Job opportunities, due to inveterate racism, remained scarce. 
  3. 1930-1955: The pre-civil rights era brought continued wage discrimination against Black people. While a major skill gap existed between White and Black workers, that disparity should be attributed to the lack of proper training and education offered to Black people. 
  4. 1955-1980: The Civil Rights Movement sparked much-needed systemic change. By no means did it completely eradicate racism in the U.S., but it was a major step forward in a continuing journey. 
  5. 1980-Present: Crony capitalists have extended the rigged layer of the economy to any community (racial, social, or cultural) unrepresented by individuals with over $5 million in wealth. 

In the following chapters, we will primarily focus on two time periods:

  • Slavery (1700-1865)
  • The Rigged Economy (1980-present)
Standard Disclaimer

The ZeroTheft Movement does not have any interest in partisan politics/competition or attacking/defending one side. We seek to eradicate theft from the U.S economy. In other words, how the wealthy and powerful rig the system to steal money from us, the everyday citizen. We need to collectively fight against crony capitalism in order for us to all profit from an ethical economy.   

Terms like ‘steal,’ ‘theft,’ and ‘crime’ will frequently appear throughout the book. ZeroTheft will NOT adhere strictly to the legal definitions of these terms (since congress sells out). We have broadly and openly defined terms like ‘steal’ and ‘theft’ to refer to the rigged economy and other debated unethical acts that can cause citizens to lose out on money they deserve to keep.