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Tag Archives: income

American Dream fails generations of blacks: study

Los Angeles, United States | AFP | Even the richest black boys raised in the United States earn less in adulthood than white boys from similar backgrounds, according to a wide-ranging study published Monday. While white men who grew up wealthy tend to stay that way, black boys raised in …

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COMMENT: Being middle-class

Why the private sector’s hype about the consumer habits of the African middle class isn’t helpful COMMENT | HENNING MELBER | The African middle class is of huge interest to business. This was confirmed again recently by well attended seminars in South Africa’s big cities to discuss “African Lions: groundbreaking study on the …

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