Black People : BLACK ECONOMY HOPE

Discussion in 'Black People Open Forum' started by $$RICH$$, Sep 5, 2011.

  1. $$RICH$$

    $$RICH$$ Lyon King Admin. STAFF

    Country:
    United States
    Joined:
    Mar 21, 2001
    Messages:
    69,983
    Likes Received:
    3,978
    Gender:
    Male
    Occupation:
    BUSINESS owner
    Location:
    Da~WINDY*CITY //CHICAGO
    Ratings:
    +4,178
    Is there hope ..............I say yes !
    Much of the black economy in black communities is like "digging holes and filling them." One digs a hole during the day and another fills it up at night. The next day, there is zero output but two salaries are paid with speed money that is none factor to the community in whole , this what we become as we look for outlets and other ways of benefits, without each other we will continue failure to grow our own economy securities.

    Some people argue that the black economy also generates jobs and production. For instance, they argue that a lot of goods are bought in the market using black incomes, and that leads to increase in production and employment. They argue that the black economy generates informal sector employment and helps the poor. Some go to the extent of arguing that we have escaped the worst effects of the global recession in 2008, and the economy only slowed down, because a large amount of black money was floating around — which generated additional demand. Some justify bribes as "speed money" that enables work to be done faster. There is some truth in all this. Yet, it can be shown that the ill-effects of the black economy far outweigh its beneficial effects.
    Our Money now need to be put in use to our betterment in our communities to buy / rebuild / and restore to bring inner jobs for our own security.

    here's something by Marcellus we should know and read
    [​IMG]
    The Political Economy of Hope and Fear:

    Capitalism and the Black Condition in America
    [​IMG]
    Popular liberal writing on race has relied on appeals to the value of "diversity" and the fading memory of the Civil Rights movement to counter the aggressive conservative assault on liberal racial reform generally, and on black well-being, in particular. Yet appeals to fairness and justice, no matter how heartfelt, are bound to fail, Marcellus Andrews argue. since the economic foundations of the Civil Rights movement have been destroyed by the combined forces of globalization, technology, and tight government budgets. The Political Economy of Hope and Fearfills an important intellectual gap in writing on race by developing a hard-nosed economic analysis of the links between competitive capitalism, racial hostility, and persistent racial inequality in post-Civil Rights America. Andrews speaks to the anger and frustration that blacks feel in the face of the nation's abandonment of racial equality as a worthy objective by showing how the considerable difficulties that black Americans face are related to fundamental changes in the economic fortunes of the U.S. The Political Economy of Hope and Fearis an economist's plea for unsentimental thinking on matters of race to replace the mixture of liberal hand wringing and conservative mythmaking that currently passes for serious analysis about the nation's racial predicament.

    Good book to pick up as a guide to our betterment and become more collective.
     
  2. MsInterpret

    MsInterpret Well-Known Member MEMBER

    Joined:
    Apr 21, 2007
    Messages:
    8,999
    Likes Received:
    5,439
    Gender:
    Female
    Location:
    Washington
    Ratings:
    +5,447
    First off...is there even such a thing as a "Black Economy"? Don't we need to own something of our very own to have an economy? Which was already stated that we own nothing in the thread I started questioning Blacks owning anything
     
  3. Feather

    Feather Well-Known Member MEMBER

    Joined:
    Sep 3, 2011
    Messages:
    682
    Likes Received:
    412
    Gender:
    Female
    Ratings:
    +412
    sis there are alot of black owned small businesses they are just not publicized and it is a small percentage :) they are there.
     
  4. MsInterpret

    MsInterpret Well-Known Member MEMBER

    Joined:
    Apr 21, 2007
    Messages:
    8,999
    Likes Received:
    5,439
    Gender:
    Female
    Location:
    Washington
    Ratings:
    +5,447
    You're not understanding...

    Our own currency

    Our own education system

    Our own government

    Our own (not one white person involved) financial system...

    THIS IS AN ECONOMY THAT WE DO NOT HAVE AT ALL....We are dependent on whites.
     
  5. Feather

    Feather Well-Known Member MEMBER

    Joined:
    Sep 3, 2011
    Messages:
    682
    Likes Received:
    412
    Gender:
    Female
    Ratings:
    +412
    Africa is it owned by whites too? I'm not being sarcastic here but they are black, they have their on currency, schools etc. there are some good schools there I have heard like Kings College and maybe others I don't know of. Yes there are a lot of problems but no society is without them. America looks like they got it together but only Americans know how apart we really are and the way our country tries to deep cover. Africa= African American all the same.

    When i was walking to school one morning it was my first experience of racism, an old woman told me as I walked by her why don't you go back where you came from, go back to Africa. I stopped in my tracks an just looked at her. I couldn't understand why people had such hearts. It hurt, and now that I'm realizing who I really am and what my history is Id like to say to her you know what that's not a bad idea....
     
  6. Clyde C Coger Jr

    Clyde C Coger Jr going above and beyond PREMIUM MEMBER

    Country:
    United States
    Joined:
    Nov 17, 2006
    Messages:
    39,422
    Likes Received:
    10,421
    Gender:
    Male
    Occupation:
    Speaker/Teacher/Author
    Location:
    Dallas, TX
    Home Page:
    Ratings:
    +12,078
    In the Spirit of Sankofa,

    .......Appears to be good stuff brother, in framing the issues, however, the solutions are the same as most others; particularly, making drugs legal as a deterrent for young blacks, sought by the NAACP.

    Let's hope the President on Thursday rolls out a package for the inner cities, highest concentration areas of most black unemployment woes.

    Peace In,
     
  7. jamesfrmphilly

    jamesfrmphilly going above and beyond PREMIUM MEMBER

    Country:
    United States
    Joined:
    Jun 18, 2004
    Messages:
    32,008
    Likes Received:
    11,483
    Gender:
    Male
    Occupation:
    retired computer geek
    Location:
    north philly ghetto
    Ratings:
    +13,745
    don't black people spend $8B a year on weaves?
     
  8. MsInterpret

    MsInterpret Well-Known Member MEMBER

    Joined:
    Apr 21, 2007
    Messages:
    8,999
    Likes Received:
    5,439
    Gender:
    Female
    Location:
    Washington
    Ratings:
    +5,447
    And it goes straight to the Asians
     
  9. $$RICH$$

    $$RICH$$ Lyon King Admin. STAFF

    Country:
    United States
    Joined:
    Mar 21, 2001
    Messages:
    69,983
    Likes Received:
    3,978
    Gender:
    Male
    Occupation:
    BUSINESS owner
    Location:
    Da~WINDY*CITY //CHICAGO
    Ratings:
    +4,178
    No sister we don't have our own economy , what i'm driving at is the money we earn
    save and spend we could put it too use to rebuild/ create our own and yes maybe
    within our own communities start our own black dollars but it will take us all collectively
    to even have a hope and make this happen
    we have to start somewhere , nothing wrong with us getting the now american dollar
    taking it and showing up to build and create jobs for ourselves and let that money grow
    then we can seek resources to making our own black dollars /banks and come more
    independency with securities.

    We have to start thinking outside the box
    get help from the few black own businesses
    get all our black leaders / politicians brothers & sisters
    to work together with our black farmers we have to
    use every black power structure we have to make a change

    I'm asking you to think outside the box and look into a broad view beyond what is
    this call hope
     
  10. $$RICH$$

    $$RICH$$ Lyon King Admin. STAFF

    Country:
    United States
    Joined:
    Mar 21, 2001
    Messages:
    69,983
    Likes Received:
    3,978
    Gender:
    Male
    Occupation:
    BUSINESS owner
    Location:
    Da~WINDY*CITY //CHICAGO
    Ratings:
    +4,178
    This what i'm talking bout why spend all that and it goes outside the community
    and become none value to us , we could build our own get product and do what
    they do inside our communities this way the dollars will stay inside to build more
    grow and black owned
     
Loading...