Henry Louis Gates writes about the struggles of Black America and the growing gap between a black middle class and a black underclass.

I have been studying the family trees of 20 successful African-Americans, people in fields ranging from entertainment and sports (Oprah Winfrey, the track star Jackie Joyner-Kersee) to space travel and medicine (the astronaut Mae Jemison and Ben Carson, a pediatric neurosurgeon). And I’ve seen an astonishing pattern: 15 of the 20 descend from at least one line of former slaves who managed to obtain property by 1920 — a time when only 25 percent of all African-American families owned property.

Ten years after slavery ended, Constantine Winfrey, Oprah’s great-grandfather, bartered eight bales of cleaned cotton (4,000 pounds) that he picked on his own time for 80 acres of prime bottomland in Mississippi. (He also learned to read and write while picking all that cotton.)

Sometimes the government helped: Whoopi Goldberg’s great-great-grandparents received their land through the Southern Homestead Act. “So my family got its 40 acres and a mule,” she exclaimed when I showed her the deed, referring to the rumor that freed slaves would receive land that had been owned by their masters.

Well, perhaps not the mule, but 104 acres in Florida. If there is a meaningful correlation between the success of accomplished African-Americans today and their ancestors’ property ownership, we can only imagine how different black-white relations would be had “40 acres and a mule” really been official government policy in the Reconstruction South.

Any modern day solutions?

Perhaps Margaret Thatcher, of all people, suggested a program that might help. In the 1980s, she turned 1.5 million residents of public housing projects in Britain into homeowners. It was certainly the most liberal thing Mrs. Thatcher did, and perhaps progressives should borrow a leaf from her playbook.

Wouldn't turning over public housing projects in America to the people living in them be an excellent Rothbardian approach to privatization?