Dedrick Asante-Muhammed is Director of the Racial Wealth Divide Project at CFED. As Director, Dedrick’s responsibilities include strengthening CFED’s outreach and partnership with communities of color, as well as strengthening CFED’s racial wealth divide analysis in its work. CFED’s Racial Wealth Divide Project will also lead wealth-building projects that will establish best practices and policy recommendations to address racial economic inequality.
Dedrick comes to CFED from the NAACP, where he was the Sr. Director of the Economic Department and Executive Director of the Financial Freedom Center. Dedrick’s past civil rights experience also includes his time at Reverend Al Sharpton’s National Action Network, where he first worked as the National Crisis Coordinator and then as the National Field Director. Dedrick’s professional work in economic equity began at United for a Fair Economy (UFE) where he was coordinator of the Racial Wealth Divide Project. While at UFE, Dedrick co-founded the State of the Dream report and has been a regular co-author of this annual report. Pursuing his work in economic and racial equity, Dedrick went on to the Institute for Policy Studies (IPS) where he worked in the Inequality and Common Good Program, under the leadership of Chuck Collins.
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Bio via CFED.org
As our country becomes more diverse, our racial wealth gap means it's also becoming poorer.
No savings, investments or home equity. This economic dystopia looms for minority families, and so does a choice: Do we want America to be more like Brazil or Canada?
How the Racial Wealth Divide is Hollowing Out America’s Middle Class
If we want to narrow the divide, we'll need to make a full-throttle effort to reverse existing upside-down tax incentives.
It would take the average black family 228 years to accrue the same amount of wealth that white families have today.
Report Calls for Major Federal Policy Shifts To Address Growing Racial Wealth Divide
Without Change, African-American and Latino Families Won't Match White Wealth for Centuries
Help us spread the word about our latest report, "The Ever-Growing Gap: Without Change, African-American and Latino Families Won’t Match White Wealth for Centuries"
Whether you are religious or secular, make holidays a celebration of family, tradition, and values instead of unsustainable spending and materialism.
The best hope I see for the country and it's cities, like Washington DC, is that sooner rather than latter the electorate recognizes that changing politicians isn't a change we can believe in, rather the country must radically change the trickle down, deregulated economy which has maintained racial divisions and increased economic inequality.
Chomsky: We Shouldn't Ridicule Tea Party Protesters.
What do Beck, Palin, and the NRA have to do with the 1963 March on Washington?
Both the United States and South Africa, despite black leadership and multicultural societies, still labor under the legacy of segregation and inequality.
A non-white Miss America winner? Clearly something suspicious is going on.
And a discussion on the racial divide in honor of his 85th birthday.
Dedrick Muhammad gives a presentation on Black History Month.
Racial inequality is a reality we still need to address four decades after MLK's assassination.
IPS scholars rate the president on his first year in office.
This year, we need to recognize that the government, not the private sector, is the best tool for job creation.
Obama needs new, bold ideas to get Americans back on their feet and out of recession.