Stop Saying Black People Don't Support Each Other Economically
How often have you heard it said that black Americans don't support each other economically? It's a common refrain in conversations around sociopolitical uplift for the black community and many come to the conclusion that blacks just don't show each other the same kind of financial love that you see in other racial and ethnic groups.
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Since: Oct 13
#1 Jun 30, 2014
“I’m not sure but there’s a lack of education about co-ops in general in our society,” says Gordon Nembhard.“We teach about capitalism and present capitalism as the only option. Also, often whenever blacks attempted to establish them, their efforts were sabotaged by white competitors and white supremacists. In many cases, it was through violence but in others it could be as simple as having your rent raised, banks denying your loan or even being priced out of insurance.”
I read how we created co-ops and even though a lot of them were sabotaged by jealous white folk and even the government, they proved how creditable they were in helping us realize how supporting each other in this way helped us provide for each others needs and kept us afloat.
we would not even be this for had we not had an indomitable system of economic support for our own but recently we have somewhat dropped the ball.....we just need to regroup and build on the idea of co-ops for future reference.
#2 Jun 30, 2014
Sorry, I was busy reading about all the black-owned banks and businesses in Harlem before the welfare state was created.
What were you blaming YT for again?
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