Racial and ethnic differences in wealth show extreme vulnerability of some nonwhite households in Los Angeles. The authors estimate that the typical U.S.-born black or Mexican family has just 1 percent of the wealth of a typical white family in Los Angeles -- or one cent for every dollar of wealth held by the average white family in the metro area. Koreans hold 7 cents and Vietnamese possess 17 cents for every dollar of wealth owned by comparable white families.
Scott Slater wants to pump billions of gallons to LA and other drought-hit cities - and make $2.4bn in the process
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Today in History-Post-War Strike Wave
Culture Clash's play about money, manipulation and red-baiting ending with destruction of a closely-knit LA Latino neighborhood over fifty years ago rings true today as the present economic power of developers and the drive to profitably exploit vulnerable communities within the central city and drastically change their ethnic, class and cultural composition continues to steadily displace the long-time residents of many neighborhoods.
Unions historically have supported minimum wage and occupational safety laws that benefited all workers, not just their members. But they also have recently begun investing major resources in organizing drives more likely to yield new laws than new members. Some of these campaigns seek to organize workers who, rightly or wrongly, aren't even designated as employees or lack a common employer, such as domestic workers and cab drivers.
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