An Elementary View:
Perhaps why African-American culture can’t widely reciprocate wealth within its own is because [a] those that have it are often too selfish to invest in other African Americans. [b] LARGE amounts of capital are in the hands of the wrong people; essentially criminal-prone individuals and felons, where crime and mass incarceration stifles the burgeoning effect of shared wealth. [c] Furthermore, unlike White Americans [i.e., corporate America, White consumers, etc.], African-American culture is still ostracizing its emerging “BUY BLACK” brainchild, while that same concept for White-American culture has been in place for centuries. Not only does White-American culture embrace buying and promoting various products and services through the markets they create, but their culture will unforgivingly and viciously target, diminish, suppress, and eradicate any ideas or businesses that threaten those markets. What’s more debilitating for African-American culture is that it will allow White-American culture a means to exploit its wealth for overall White culture ascendancy, while on the other hand, White culture’s ruling class has no interest in seeing African-American culture thrive. For African-American culture, it’s a revolving door centered on the axles of second-class citizenry and remnants of American slavery.
— A broken and disturbing system of what’s mine is mine and what’s yours is mine politics.
Something else may interest you: “JPMorgan Chase Commits $30 Billion to Advance Racial Equity“