This week on the Pay Check, we look at the long fight for reparations for slavery in the U.S. Economists have calculated that each Black American is owed around $300,000, which would just about close the racial wealth gap. While momentum for reparations has grown, it's not likely to happen any time soon -- at least at the federal level. Meanwhile, cities and the state of California are looking into local reparations. Susan Berfield looks at how one town is repaying its Black residents for discrimination.

<p>This week on the Pay Check, we look at the long fight for reparations for slavery in the U.S. Economists have calculated that each Black American is owed around $300,000, which would just about close the racial wealth gap. While momentum for reparations has grown, it's not likely to happen any time soon -- at least at the federal level. Meanwhile, cities and the state of California are looking into local reparations. Susan Berfield looks at how one town is repaying its Black residents for discrimination.</p>

The pandemic created a global economic crisis that economists and experts expected would lead to greater wealth inequality than ever before. Host Rebecca Greenfield along with a team of Bloomberg News reporters heads to seven countries around the world to find out what this world changing event has wrought. What they found was surprising.

<p>The pandemic created a global economic crisis that economists and experts expected would lead to greater wealth inequality than ever before. Host Rebecca Greenfield along with a team of Bloomberg News reporters heads to seven countries around the world to find out what this world changing event has wrought. What they found was surprising.</p>

The Pay Check

More than 150 years after the end of slavery in the U.S., the net worth of a typical white family is almost seven times greater than that of the average Black family. Season 3 of The Pay Check digs into into how we got to where we are today and what can be done to narrow the yawning racial wealth gap in the U.S.Jackie Simmons and Rebecca Greenfield co-host the season, which kicks off with a personal story about land Jackie's family acquired some time after slavery that they're on the verge of losing. From there the series explores all the ways the wealth gaps manifests and the radical solutions, like affirmative action, quotas, and reparations, that can potentially lead to greater equality.

A Reparations Experiment

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/404b30de-ad27-4c81-9ddb-ae3c000a9b50/transcript

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