Building Capital: Ownership as Equity
Learn how the profession can help correct inequities caused and perpetuated by structural wealth gaps.
One of the terrible legacies of slavery takes the form of a wealth gap: According to the Brookings Institution, “At $171,000, the net worth of a typical white family is nearly ten times greater than that of a Black family ($17,150) in 2016.” There’s a generational wealth gap as well: Boomers control nearly 60% of the nation’s wealth, while Millennials’ share is 3%. The profession can help correct those imbalances through fair pay, ESOPs, unionization, cooperatives, and other strategies.
- Learn how to make your firm less financially precarious.
- Understand how to cooperate with other firms to put architecture on a stronger footing.
- Learn how to make your firm more democratic and open to diversity.
- Learn how to invest in a more community-based approach to design.