The “shareholders‘ club” is more important than the “materialistic club.” Until black culture acts on this belief in a manner that effectually changes the mindset and financial allocations on a seismic scale, then black culture will continue to be seen as inferior, culturally dependent on a historically racist-afflicted state. A critical strategy essential to the mitigation of so much loss in generational wealth would mean that black people begin investing in themselves on a scale so grand that it drastically changes markets across varying demographics, causing specific ones to collapse due to the lack of black spending within those industries. If blacks have learned anything from American oppression, it is that their expendable incomes may be better served by money managers and wealth builders from within their communities rather than being placed in oppressive, non-reciprocal wealth-making systems. America’s affluent black community ought to seriously think about nurturing a grass-roots strategy aimed at engendering more [responsible] black millionaires. Perhaps this approach could be viewed as a microcosm of Roosevelt’s “New Deal.”
Grab a “shareholders club [own yours or affect others]” tee and help spread the message. The following are color options to choose from: Black logo on black or Black logo on assorted colors. Check out this hot black on black organic crop top for the ladies.
This may also interest you: “Flutterwave, Nigeria’s Billion Dollar Startup” And the following one, “a $300 billion opportunity: serving the emerging Black American consumer.” Though the latter article, I believe, promotes the idea that White businesses should exploit Black culture even more. Ironically the study speaks to the plight of Black culture on one hand while on the other encourages the further exploitation of it.
We keep talking about a broken racist system, but what sacrifices are we willing to make to help our nation fix it.