Jessica Gordon Nembhard

"Chronicles the achievements and challenges of African American collective economic action and social entrepreneurship in the struggle for civil rights and economic equality"--Provided by publisher.

A History of African American Cooperative Economic Thought and Practice

Collective Courage

First published in 2014, Jessica Gordon Nembhard’s Collective Courage quickly became an important tool for understanding the history of cooperative economic enterprises in the African American community. This now-classic work recounts how African Americans benefited greatly from cooperative ownership and democratic economic participation throughout the nation’s history. Many of the players in this story are well known—among them W. E. B. Du Bois; A. Philip Randolph and the Ladies’ Auxiliary to the Brotherhood of Sleeping Car Porters; Nannie Helen Burroughs; Fannie Lou Hamer; Ella Jo Baker and George Schuyler of the Young Negroes’ Co-operative League; the Federation of Southern Cooperatives; and the Black Panther Party. Drawing on media reports and co-op records, Gordon Nembhard uncovers the challenges they faced and highlights their hard-won victories. This tenth anniversary edition of Collective Courage features a substantial preface that expands on material in the first edition and addresses the development of the Black co-op movement through the second decade of the twenty-first century. It remains an indispensable resource for readers interested in the history of the struggle for African American economic freedom and equity.

Ngina S. Chiteji

"Congratulations to Drs. Nembhard and Chiteji and the authors included in this much needed volume of work! Their book offers the perspective and insight of scholars of color that are too often missing from information produced by the asset building field (people and organizations seeking to help low-income people develop assets). Communities served by the asset building field are disproportionately made up of people of color. This book captures work produced by scholars representing these communities and offers innovative and thought provoking analyses of wealth inequality. Decision-making on research, policy, and practice that fails to incorporate the knowledge of these and other asset accumulation experts of color runs the risk of being fatally flawed and irrelevant to the communities the asset building field intends to serve." --Kilolo Kijakazi, Ph.D., The Ford Foundation "An important contribution to the economics literature on wealth and to our understanding of racial and ethnic inequality. This book adds to our knowledge and understanding of the wealth positions of Latinos, Asian Americans, Hawaiians, and Native Americans and places this information in the context of black-white wealth inequality." --Cecilia A. Conrad, Department of Economics, Pomona College "This book does an outstanding job of introducing readers to a host of interesting questions related to racial and ethnic minority status and wealth composition and accumulation. The chapters on wealth accumulation among Native Americans, Latinos, and Asian Americans offer one of the few places where this information is readily available. The recent disaster in New Orleans has shown the nation that there is a strong interaction between wealth, race, and social outcomes. This book not only fills a void in understanding the black-white wealth inequality that was apparent after Hurricane Katrina, but it also provides great insight into the wealth status of other racial and ethnic minorities." --Patrick L. Mason, Department of Economics, Florida State University "This edited volume takes up an important, indeed, fundamental, topic, bringing together leading scholars to assess wealth accumulation among people of color. No other book or research report covers as many groups of color as appear in this volume, devoting chapters to African Americans, Latinos, Native Americans, Asian Americans, and Native Hawaiians. The result is a noteworthy achievement." --Michael Sherraden, Benjamin E. Youngdahl Professor of Social Development, Washington University in St. Louis Jessica Gordon Nembhard is Assistant Professor and Economist, African American Studies Department, and co-founder of the Democracy Collaborative at the University of Maryland, College Park. Her work on the history of black cooperatives is well known in progressive circles. Ngina Chiteji is Associate Professor of Economics, Skidmore College. She was a Visiting Assistant Research Scholar at The Democracy Collaborative, University of Maryland, College Park.

Current Issues

Wealth Accumulation and Communities of Color in the United States

A political-economic investigation of the use of capital controls and successful industrial policy in two newly industrializing countries--one Asian, one Latin American.

Jessica Gordon Nembhard

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