For centuries, people of color in the United States have faced systemic barriers to economic resources and opportunities, stemming from historical injustices such as the displacement of Indigenous populations and the exploitation of Black Americans. These inequities manifest in stark wealth disparities, with the median wealth of Black and Latinx families significantly lower than that of white families. Wealth not only affects access to services and goods but also influences political power and community support. To address these disparities, equitable policies must honor the equal value of all individuals, invest in historically marginalized communities, and rectify past injustices. This brief proposes strategies for promoting economic mobility among individuals and families of color, emphasizing the need for community involvement in decision-making and compensatory measures to redress historical inequities. By fostering an inclusive economy, we can create pathways for wealth-building and economic democracy that benefit all racial and ethnic groups in the United States. (Read more)