Systemic Racism and the Dispossession of Indigenous Wealth in the United States
13 Pages Posted: 20 Nov 2021
Date Written: October 20, 2021
This paper was presented as part of the Federal Reserve Bank's event, "Racism and the Economy: Focus on the Wealth Divide."
In relation to the Indigenous people and nations within (and without) its borders, the United States’ national policy was geared toward efficiently and completely dispossessing Indian people and tribes of their lands and resources. For the most part, that national policy prevailed, although the efforts were far from efficient and far from complete. This section surveys the dispossession of Indigenous peoples and nations of their wealth. Structural racism played a critically important role in the dispossession of Indigenous peoples of their wealth throughout the 19th and 20th centuries.
Keywords: Federal Reserve Bank, Indigenous dispossession, systemic racism, Michigan Anishinaabeg
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