An Oscar-Nominated Film and Discussion Explore the Racial Wealth Gap

The Barber of Little Rock presents an intimate picture of the racial wealth gap in the community of Arlo Washington, a barber in Little Rock, Arkansas, whose vision of a just economy led him to create a nonprofit community bank.
Earlier this week the 兔子先生 community welcomed Washington and John Hoffman, one of the film鈥檚 directors, for a special screening and discussion of the film, which has been nominated for a 2024 Academy Award.
Co-sponsored by the Presidential Initiative on Constructive Dialogue and the Melvin L. Oliver Racial Justice Initiative (RJI), the event featured a post-screening discussion with Hoffman, Washington, RJI Director and Professor Ahmed Alwishah, William Marshall 鈥25, and Vice President for Student Affairs Jan Barker Alexander, who moderated the discussion.
The film, which is part of The New Yorker Documentary Series and can be viewed online, is a poignant call for more private sector action and more efforts to help marginalized populations overcome the financial obstacles that impede their pursuit of the American Dream.
鈥淪adly, 鈥榖anking while Black鈥 is a real thing,鈥 says one of the people whom Hoffman and co-director Christine Turner interviewed in their film. 鈥淵ou come in [to a bank] and you鈥檙e Black, and there are no services offered.鈥
The lack of services and frustration at not being seen as credit-worthy have forced many in Washington鈥檚 Little Rock community to find ways to enjoy their lives and find opportunities without the support of financial institutions.
Hoffman and Turner chronicle how Washington confronted this situation and developed People Trust, the sole bank within a 10-mile radius to give economic support to the area鈥檚 underserved and underbanked residents. Washington was able to create the bank with the support of the Community Development Financial Institutions (CDFI) Fund, a program to help revitalize distressed communities that was started during the Clinton Administration.
Asked what attracted him and Turner to telling Washington鈥檚 story, Hoffman explained that they wanted to embed with a Black-owned CDFI and discovered Washington in the course of their research.
鈥淥nce you start looking,鈥 Hoffman said, 鈥測ou find that there is a very rich world of people, of other Arlos out there, who are creating these important parts of communities.鈥
At first, Washington was hesitant about the filmmakers鈥 proposal to make a documentary about him and the bank.
鈥淚t was something we really had to think about. We didn鈥檛 want to be out there exploiting our community members,鈥 he explained. 鈥淛ohn and Christine and the whole team did an excellent job of making us feel comfortable, of establishing that level of trust and keeping the integrity level really high. I鈥檓 glad we got a chance to share. I鈥檓 happy that it鈥檚 had an impact.鈥
Alwishah expressed admiration for Washington鈥檚 analogizing of capital with blood to stress why Black communities critically need the same financial opportunities that others receive; Maxwell praised the filmmakers for their storytelling.
鈥淵ou could have chosen anyone in the world to talk about, but because you were following someone so deeply entrenched in a community who is righting wrongs and giving a platform to those who need it most, that鈥檚 what gives this film such a strong foundation and that deserves so much respect and recognition,鈥 he said.
Near the end of the discussion, Washington reflected on the policies of neglect and exclusion facing his community and many others and what this means for their belief in the American Dream. The solution is simple, he said. The answer is based on one word: opportunity.
鈥淎t the beginning of the film, as you see on the screen, I say it鈥檚 about having an opportunity, a real opportunity,鈥 he said. 鈥淭hat鈥檚 what the American Dream is to me: actually getting a real chance at creating the opportunity for yourself and those around you.鈥
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- Racial Justice Initiative
- Presidential Initiative for Constructive Dialogue