The Negro’s WOWisms
Think hard before splurging.
Black “consumerism” is literally
destroying the wealth of Black Americans.
The difference between how White Americans and Black Americans create wealth lies in shopping and buying habits. White Americans create wealth by leveraging physical assets, regulations, and policies designed to achieve economic viability and financial solvency for the White race. Unfortunately, Black Americans largely create their wealth by buying into a system designed around the White race’s convenience. As a result, the rate at which White Americans create wealth compared to their Black counterparts would be relatively faster due to an extraordinarily slanted financial system. Similar comparisons may be made of Black people in industrialized societies wherein they are merely viewed as consumers and taxpayers, taking a subordinate role to White people. Does this elementary analysis appear based in fact or fiction? Your call.
This may also interest you: “Materialism and Shopping Addictions” | And this, “Wealth by Race (The Racial Wealth Gap in America)”
Inset Photo By: Keenan Barber on Unsplash
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