Currently there is much hype and media attention focused upon African Americans and the issues that we face. In doing our part to bring attention to the aforementioned issues, the authors of the Urban Village Blog & Commentary will re-post the series we authored in 2006 entitled "The State of Africa America." In this current media frenzy regarding "Black issues" we want to participate not only in the discussion of these issues, we believe it is important to discuss tangible solutions. All too often all that we hear are the same voices discussing the same issues and offering nothing but the same tired rhetoric. It is our hope that by re-posting this series, we can move the discussion forward and focus on what we can do to actually change the dynamics affecting the culture and socio-economics of African American communities.
"Let your countenance be cheerful during the time of your existence. When we see one departing from the storehouse who has entered in order to bring his share of provision, with his face contracted, it shows that his stomach is empty and that authority is offensive to him."
-Ptah Hotep-
Other cultures thrive economically in this country despite racism and discrimination. Yet Americans of African ascent have consistently lagged behind in terms of economic growth and achievement. There are several reasons for the above. However the primary reason is that we have failed to create and/or support an economic system that keeps and circulates our dollars within our respective communities.
Statistics show that a dollar earned by African Americans travels less than one time in our community before it leaves. What is even more tragic is that the money we do spend in our communities is spent with retailers and vendors that have businesses in our communities; many of whom do not invest dollars in or support the infrastructure of the communities that they do business in. Other ethnic communities do not embrace that same economic dynamic. In essence, African American communities are being economically pimped by the businesses that exist in them. In contrast to the aforementioned, other ethnic communities are economically and culturally sound. For instance, Asian communities in America have established mechanisms in place to keep dollars in their respective communities indefinitely. Each dollar spent in these communities will circulate up to 30 times or more before it leaves. This creates a residual economic engine that is far reaching in its effect impacting all facets of the Asian community. These communities engage in what I term “cooperative economics.” The foundation of cooperative economics is built upon capital investments in commercial and residential development, banking, business development, retail/wholesale, trade, and communication (media; print, internet based, radio and television). This foundation supports, facilitates, and augments the cultural glue that binds these communities together so that they continue to grow and maintain their viability generation after generation. This same effect can be seen in all other ethnic communities in American with the exception of the African American community. The breakdown in African-American communities resulted primarily from our failure to engage and embrace the components that have made other communities successful. We do not invest in our communities in terms of housing, businesses and communication and trade. As such, we’ve created an economic vacuum that has literally sucked all of the money out of our communities; and like a once proud lion that has succumbed to the infirmities associated with old age and has fallen dead upon the lush plains of the African Serengeti, the vultures (payday lenders, rent-to-own, easy credit/high interest retailers, pawn shops, liquor stores, etc…) are picking our bones clean. If one were to offer a proverbial synopses of our condition one could write that our condition is not unlike the dry bones of Ezekiel fame. We are at the point now where African-Americans are beginning to realize that our condition is not terminal. In essence new voices are “making noises” and there is a “shaking” as we come together one mind to another for the purpose of our collective illumination and edification. When we begin to create the conditions to engage and embrace a cooperative economic paradigm we will then be in a position to bring life to the place that worships death. We can bring peace where now there is violence. We can bring knowledge where ignorance now reigns and we can bring wealth where overt poverty runs rampant. These are Ezekiel’s “four winds” which are sent to bring life where there once was death. And once those winds blow upon us, we shall then rise and transform and stand upon our feet; an exceedingly great army!
3 comments:
very poignant and timely piece now that the economy is making a downward spiral into th ground
ve actually read this book blueprint for black power
all 856 pages of it
and that is exactly what he was advocating
take over our communities first the retail stores
then take over the wholesale markets then use the money that we accumulate to buy into the major corporations so that we can use that wealth to build schools in our community
to build more businesses to employ our people and to do other things
we need to talk about this more thouroughly
the vast majority of blacks even our leaders are no where near the level that we're on
if about a handful of likeminded people like me and you come together and are serious about getting our people out of this mess we can do it
the knowledge is already here we just need commited people
sometimes that can be a problem as you well know
Dollars follow value. Offer something of value to people and the dollars will follow. Conscientious people didn't make McDonald's wealthy, it was people who valued their food products and were willing to exchange money for it.
What "we need" is less talk about the lack of economic development and more focus on actual development.
We earned over $1T in 2015.
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