EDUC459 Lecture Notes - Lecture 4: Education Reform, Gentrification, Disinvestment

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Document Summary

Income is money coming into a family, while wealth is a family"s assets. Wealth disparities are much greater than income disparities. Wealth cushions families against emergencies and gives them the means to move up the economic ladder. Income/wealth, race and geography intersect in powerful ways to impact structure of education opportunity. Examining housing and race/class dynamics within cities : gentrification. Hwang : gentrification is reinvestment and renewal of previously debilitated urban neighborhoods as middle and upper-class residents move in . Gentrification is a general term for the arrival of wealthier people in an existing urban district, a related increase in rents and property values, and changes in the district"s character and culture (pbs flag wars) Gentrification is not the same as neighborhood revitalization. Neighborhood revitalization does not involve the displacement of people. 50% of schools students in us are white. Restructuring of economy (manufacturing to information/service work) Racial and class segregation within diverse cities.

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