Racial Wealth Divide Core Principles

Core Principles of UFE's Racial Wealth Divide Program

• A fair economy is one that is progressive, transparent and creates opportunities for all participants regardless of the color of their skin.
• Racism and inequality are not relics of the past; they play a large role in our society today.
• Systematic rule-making and social conditions, which have been masked through blaming individuals and communities, have created inequality.
• We all have a vested interest in strong democratic actions that keep us mindful of our shared civic responsibilities.
• Class is another important factor in economic inequality, and we view it as a continuum that ranges from poor, to working class, through middle class, to owner class – defining class primarily through wealth, power and to a lesser extent by income, education and occupation.
• We believe that asset-building is one of the many components to alleviating the systematic impoverishment and disfranchisement of people of color. Living wages, healthcare, education, community-centric solutions, and greater government representation of marginalized populations are also needed to address the needs of communities of color.