"Andrews does a superb job in offering solutions to familiar
problems for African Americans. Complete with charts, graphs, facts
and figures, the author provides readers with a vivid display of
how the scales of equality, wealth and power are tipped against
people of color."
--Upscale
"Andrews' aim is to paint an intellectually defensible and
decidedly anti-conservative picture of the complicated tie between
race and economic wellbeing."
--Booklist
"Fiery, passionate, and provocative, but also unflinchingly
rigorous in its argument. It is rare for an economist to write with
such fire bolstered by such a commitment to logical
reasoning."
--William A. Darity, Jr
"Marcellus Andrews has written a fascinating and theoretically
grounded account of the relationship between America's market
economy and the prospects faced by African Americans."--"The
Journal of Economic Issues"
Popular liberal writing on race has relied on appeals to the
value of "diversity" and the fading memory of the Civil Rights
movement to counter the aggressive conservative assault on liberal
racial reform generally, and on black well-being, in particular.
Yet appeals to fairness and justice, no matter how heartfelt, are
bound to fail, Marcellus Andrews argues, since the economic
foundations of the Civil Rights movement have been destroyed by the
combined forces of globalization, technology, and tight government
budgets.
The Political Economy of Hope and Fear fills an important
intellectual gap in writing on race by developing a hard-nosed
economic analysis of the links between competitive capitalism,
racial hostility, and persistent racial inequality in post-Civil
Rights America. Andrewsspeaks to the anger and frustration that
blacks feel in the face of the nation's abandonment of racial
equality as a worthy objective by showing how the considerable
difficulties that black Americans face are related to fundamental
changes in the economic fortunes of the U.S.
The Political Economy of Hope and Fear is an economist's plea
for unsentimental thinking on matters of race to replace the
mixture of liberal hand wringing and conservative mythmaking that
currently passes for serious analysis about the nation's racial
predicament.
General
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