OK Iceaura, I have an honest challenge for you.
No, you don't.
But carrying on:
I'm going to post an article from Forbes. Don't let the fact that it appeared in Forbes dissuade you.
? If you were capable of reading my posts, you would have noticed long ago that I identify and evaluate sources according to their product, not vice versa.
My challenge to you is to read it from a logical point of view as an analyst and not as a person with a political agenda to push. Think of it is a class room exercise in a logic class where it's not about proving a point but rather about judging the logical conclusions of a study.
It's not an exercise in logic at all. There is no study, and no overall logical conclusion, in that article. It's a description of a situation, with some brief and incomplete allusions to historical context.
That is: There is no argument presented by the writer, and no conclusions drawn, unless you count the writer's assertion of growing (average) wealth inequality between black and white Americans and its substantial arithmetical accounting in the different distribution between blacks and whites of three particular sources and stashes of wealth
- or maybe one could mistake the various mentions of factors such as redlining for items of evidence in an otherwise absent argument? -
all of which I regard (and have posted here, over the strident objections of those who claim American racism disappeared some time in the past and has no present influence) as observed and long established facts not in need of argument. The writer (like me) has bigger fish to fry.
You appear to have been misled by the title, which is misleading. In magazines the titles of articles are often provided by editors, or even marketers - not the writers. Since I suspect that is what happened there, I do not hold it against the writer that the article does not actually deal with why a typical white household has 16 times the wealth of a typical black household in the US, or even deal with the various problems with that statistic
(It's a significant underestimate, failing as it does to recognize several forms of wealth that are difficult to measure. And household wealth is almost never the key factor - individual earning power, opportunity, and wealth is usually more directly significant).
The article describes a perfectly ordinary and normally assumed fact of American life that would be news to nobody who had ever considered the matter - although it appears (from the reactions I get when I assert it) that it's news to lots of Republicans, and the victims of American rightwing corporate media ( the Tribe, as some lefties call it, because when you have a funny truth you have something) generally.
Tell me if after reading this study you see any problems with these conclusions based only on what is written.
I don't see much in the way of "conclusions".
As I have been posting similar statistical descriptions (although better ones than "household") and describing (somewhat more completely) the same situation (as a preliminary to drawing the conclusions that article avoids), for literally years on this forum, I obviously have no significant problems with that article. It's obviously simplistic, tame, and carefully diplomatic in its descriptions (does not mention law enforcement, the drug war, the military, domestic terrorism, interest rates, corporate deregulation, anything Reagan or other Forbes readers's favorites did, etc etc etc), but it's short and directed at Forbes readers (skimpy backgrounds, wingnut politics, short attention spans for stuff that does not pay them). It can't afford to be other than basic and shallow.
What exactly is this "challenge"?