Download or read book The Myth and Propaganda of Black Buying Power written by Jared A. Ball and published by Springer Nature. This book was released on 2020-04-01 with total page 116 pages. Available in PDF, EPUB and Kindle. Book excerpt: This Palgrave Pivot offers a history of and proof against claims of "buying power" and the impact this myth has had on understanding media, race, class and economics in the United States. For generations Black people have been told they have what is now said to be more than one trillion dollars of "buying power," and this book argues that commentators have misused this claim largely to blame Black communities for their own poverty based on squandered economic opportunity. This book exposes the claim as both a marketing strategy and myth, while also showing how that myth functions simultaneously as a case study for propaganda and commercial media coverage of economics. In sum, while “buying power” is indeed an economic and marketing phrase applied to any number of racial, ethnic, religious, gender, age or group of consumers, it has a specific application to Black America.
Download or read book Myth of Black Capitalism written by Earl Ofari and published by Monthly Review Press. This book was released on 2011-03-21 with total page 126 pages. Available in PDF, EPUB and Kindle. Book excerpt: 0
Download or read book The Color of Money written by Mehrsa Baradaran and published by Harvard University Press. This book was released on 2017-09-14 with total page 382 pages. Available in PDF, EPUB and Kindle. Book excerpt: “Read this book. It explains so much about the moment...Beautiful, heartbreaking work.” —Ta-Nehisi Coates “A deep accounting of how America got to a point where a median white family has 13 times more wealth than the median black family.” —The Atlantic “Extraordinary...Baradaran focuses on a part of the American story that’s often ignored: the way African Americans were locked out of the financial engines that create wealth in America.” —Ezra Klein When the Emancipation Proclamation was signed in 1863, the black community owned less than 1 percent of the total wealth in America. More than 150 years later, that number has barely budged. The Color of Money seeks to explain the stubborn persistence of this racial wealth gap by focusing on the generators of wealth in the black community: black banks. With the civil rights movement in full swing, President Nixon promoted “black capitalism,” a plan to support black banks and minority-owned businesses. But the catch-22 of black banking is that the very institutions needed to help communities escape the deep poverty caused by discrimination and segregation inevitably became victims of that same poverty. In this timely and eye-opening account, Baradaran challenges the long-standing belief that black communities could ever really hope to accumulate wealth in a segregated economy. “Black capitalism has not improved the economic lives of black people, and Baradaran deftly explains the reasons why.” —Los Angeles Review of Books “A must read for anyone interested in closing America’s racial wealth gap.” —Black Perspectives
Download or read book The Myth of Black Capitalism written by Earl Ofari Hutchinson and published by NYU Press. This book was released on 2024-01-09 with total page 136 pages. Available in PDF, EPUB and Kindle. Book excerpt: "In his 1970 book The Myth of Black Capitalism, Earl Ofari Hutchinson laid out a rigorous challenge to the presumption that capitalism, in any shape or form, has the potential to rectify the stark injustices endured by Black people in America. Ofari engaged in a diligent historical review of the participation of African Americans in commercial activity in this capitalist country, demonstrating conclusively that the creation of a class of Black capitalists failed to ameliorate the extreme inequity faced by African Americans. Even "Buy Black" campaigns which aimed to "keep resources in the community," he showed, reinforced a Black bourgeoisie which often enough exploited the Black underclass to increase their own wealth. Whether Black capitalists dared to go up against, or merely tried to find their place amongst, giant monopoly corporations, Ofari argued they would make little substantive progress in the lives of Black people. And whether calls for "Black capitalism" came from within the Black Power movement for Black economic autonomy, or were appropriated by the old-line Black elite, in the end the promotion of the myth of "black capitalism" was a project of the Black elite which solely served the interests of the capitalist managerial class"--
Download or read book The Myth of Capitalism written by Jonathan Tepper and published by John Wiley & Sons. This book was released on 2023-04-25 with total page 349 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Myth of Capitalism tells the story of how America has gone from an open, competitive marketplace to an economy where a few very powerful companies dominate key industries that affect our daily lives. Digital monopolies like Google, Facebook and Amazon act as gatekeepers to the digital world. Amazon is capturing almost all online shopping dollars. We have the illusion of choice, but for most critical decisions, we have only one or two companies, when it comes to high speed Internet, health insurance, medical care, mortgage title insurance, social networks, Internet searches, or even consumer goods like toothpaste. Every day, the average American transfers a little of their pay check to monopolists and oligopolists. The solution is vigorous anti-trust enforcement to return America to a period where competition created higher economic growth, more jobs, higher wages and a level playing field for all. The Myth of Capitalism is the story of industrial concentration, but it matters to everyone, because the stakes could not be higher. It tackles the big questions of: why is the US becoming a more unequal society, why is economic growth anemic despite trillions of dollars of federal debt and money printing, why the number of start-ups has declined, and why are workers losing out.
Download or read book How Capitalism Underdeveloped Black America Problems in Race Political Economy and Society written by Manning Marable and published by Pluto Press. This book was released on 2000 with total page 402 pages. Available in PDF, EPUB and Kindle. Book excerpt: An updated edition of Manning Marable's classic--considered one of the best studies of race and class.
Download or read book The Myth of Chinese Capitalism written by Dexter Roberts and published by Macmillan + ORM. This book was released on 2020-03-10 with total page 183 pages. Available in PDF, EPUB and Kindle. Book excerpt: The “vivid, provocative” untold story of how restrictive policies are preventing China from becoming the world’s largest economy (Evan Osnos). Dexter Roberts lived in Beijing for two decades working as a reporter on economics, business and politics for Bloomberg Businessweek. In The Myth of Chinese Capitalism, Roberts explores the reality behind today’s financially-ascendant China and pulls the curtain back on how the Chinese manufacturing machine is actually powered. He focuses on two places: the village of Binghuacun in the province of Guizhou, one of China’s poorest regions that sends the highest proportion of its youth away to become migrants; and Dongguan, China’s most infamous factory town located in Guangdong, home to both the largest number of migrant workers and the country’s biggest manufacturing base. Within these two towns and the people that move between them, Roberts focuses on the story of the Mo family, former farmers-turned-migrant-workers who are struggling to make a living in a fast-changing country that relegates one-half of its people to second-class status via household registration, land tenure policies and inequality in education and health care systems. In The Myth of Chinese Capitalism, Dexter Roberts brings to life the problems that China and its people face today as they attempt to overcome a divisive system that poses a serious challenge to the country’s future development. In so doing, Roberts paints a boots-on-the-ground cautionary picture of China for a world now held in its financial thrall. Praise for The Myth of Chinese Capitalism “A gimlet-eyed look at an economic miracle that may not be so miraculous after all.” —Kirkus Reviews “A clearheaded and persuasive counter-narrative to the notion that the Chinese economic model is set to take over the world. Readers looking for an informed and nuanced perspective on modern China will find it here.” —Publishers Weekly “A sophisticated and readable take of China’s triumphs and crises. . . . A first-hand witness to China’s transformation over the past quarter century, Roberts credibly challenges the myth of China’s inevitable rise and global dominance.” —Ian Johnson, Pulitzer Prize–winning author and Beijing-based correspondent “A potent mix of personal stories and deft analysis, The Myth of Chinese Capitalism takes a hard look at China’s migrants and rural people.” —Mei Fong, Pulitzer Prize–winning journalist and author of One Child: The Story of China’s Most RadicalExperiment
Download or read book Myths America Lives By written by Richard T. Hughes and published by University of Illinois Press. This book was released on 2018-09-05 with total page 374 pages. Available in PDF, EPUB and Kindle. Book excerpt: Six myths lie at the heart of the American experience. Taken as aspirational, four of those myths remind us of our noblest ideals, challenging us to realize our nation's promise while galvanizing the sense of hope and unity we need to reach our goals. Misused, these myths allow for illusions of innocence that fly in the face of white supremacy, the primal American myth that stands at the heart of all the others.
Download or read book Cedric J Robinson written by Cedric J. Robinson and published by Black Critique. This book was released on 2019 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: A collection of essays by the influential founder of the black radical tradition
Download or read book A Black Odyssey written by Randall Bennett Woods and published by University Press of Kansas. This book was released on 1981 with total page 278 pages. Available in PDF, EPUB and Kindle. Book excerpt: "This book focuses on the career of a single individual--an ambitious, resourceful Black American--and his efforts to realize personal fulfillment in a racist world. No Black American was more determined to realize the promise of American life following the Civil War, nor more frustrated by his inability to do so than John Lewis Waller. Waller, whose first twelve years were spent in slavery, overcame his humble beginnings to become a politician, lawyer, journalist, and diplomat. Nevertheless, his life provides a case study of a middle class black caught between a desire to work within the existing political and economic framework and a need to reject a milieu that was becoming increasingly racist"--From University of Kansas Press website.
Download or read book The Myth of Black Capitalism written by Earl Ofari Hutchinson and published by NYU Press. This book was released on 2024-01-09 with total page 136 pages. Available in PDF, EPUB and Kindle. Book excerpt: "In his 1970 book The Myth of Black Capitalism, Earl Ofari Hutchinson laid out a rigorous challenge to the presumption that capitalism, in any shape or form, has the potential to rectify the stark injustices endured by Black people in America. Ofari engaged in a diligent historical review of the participation of African Americans in commercial activity in this capitalist country, demonstrating conclusively that the creation of a class of Black capitalists failed to ameliorate the extreme inequity faced by African Americans. Even "Buy Black" campaigns which aimed to "keep resources in the community," he showed, reinforced a Black bourgeoisie which often enough exploited the Black underclass to increase their own wealth. Whether Black capitalists dared to go up against, or merely tried to find their place amongst, giant monopoly corporations, Ofari argued they would make little substantive progress in the lives of Black people. And whether calls for "Black capitalism" came from within the Black Power movement for Black economic autonomy, or were appropriated by the old-line Black elite, in the end the promotion of the myth of "black capitalism" was a project of the Black elite which solely served the interests of the capitalist managerial class"--
Download or read book Black Silent Majority written by Michael Javen Fortner and published by Harvard University Press. This book was released on 2015-09-28 with total page 365 pages. Available in PDF, EPUB and Kindle. Book excerpt: Often seen as a political sop to the racial fears of white voters, aggressive policing and draconian sentencing for illegal drug possession and related crimes have led to the imprisonment of millions of African Americans—far in excess of their representation in the population as a whole. Michael Javen Fortner shows in this eye-opening account that these punitive policies also enjoyed the support of many working-class and middle-class blacks, who were angry about decline and disorder in their communities. Black Silent Majority uncovers the role African Americans played in creating today’s system of mass incarceration. Current anti-drug policies are based on a set of controversial laws first adopted in New York in the early 1970s and championed by the state’s Republican governor, Nelson Rockefeller. Fortner traces how many blacks in New York came to believe that the rehabilitation-focused liberal policies of the 1960s had failed. Faced with economic malaise and rising rates of addiction and crime, they blamed addicts and pushers. By 1973, the outcry from grassroots activists and civic leaders in Harlem calling for drastic measures presented Rockefeller with a welcome opportunity to crack down on crime and boost his political career. New York became the first state to mandate long prison sentences for selling or possessing narcotics. Black Silent Majority lays bare the tangled roots of a pernicious system. America’s drug policies, while in part a manifestation of the conservative movement, are also a product of black America’s confrontation with crime and chaos in its own neighborhoods.
Download or read book The Myth of the Robber Barons written by Burton W. Folsom and published by Young Americas Foundation. This book was released on 1991-01-01 with total page 185 pages. Available in PDF, EPUB and Kindle. Book excerpt: In his book The Myth of the Robber Barons, Folsom distinguishes between political entrepreneurs who ran inefficient businesses supported by government favors, and market entrepreneurs who succeeded by providing better and lower-cost products or services, usually while facing vigorous competition.
Download or read book The Half Has Never Been Told written by Edward E Baptist and published by Basic Books. This book was released on 2016-10-25 with total page 558 pages. Available in PDF, EPUB and Kindle. Book excerpt: A groundbreaking history demonstrating that America's economic supremacy was built on the backs of enslaved people Winner of the 2015 Avery O. Craven Prize from the Organization of American Historians Winner of the 2015 Sidney Hillman Prize Americans tend to cast slavery as a pre-modern institution -- the nation's original sin, perhaps, but isolated in time and divorced from America's later success. But to do so robs the millions who suffered in bondage of their full legacy. As historian Edward E. Baptist reveals in The Half Has Never Been Told, the expansion of slavery in the first eight decades after American independence drove the evolution and modernization of the United States. In the span of a single lifetime, the South grew from a narrow coastal strip of worn-out tobacco plantations to a continental cotton empire, and the United States grew into a modern, industrial, and capitalist economy. Told through the intimate testimonies of survivors of slavery, plantation records, newspapers, as well as the words of politicians and entrepreneurs, The Half Has Never Been Told offers a radical new interpretation of American history.
Download or read book Forgeries of Memory and Meaning written by Cedric J. Robinson and published by UNC Press Books. This book was released on 2012-09-01 with total page 454 pages. Available in PDF, EPUB and Kindle. Book excerpt: Cedric J. Robinson offers a new understanding of race in America through his analysis of theater and film of the early twentieth century. He argues that economic, political, and cultural forces present in the eras of silent film and the early "talkies" firmly entrenched limited representations of African Americans. Robinson grounds his study in contexts that illuminate the parallel growth of racial beliefs and capitalism, beginning with Shakespearean England and the development of international trade. He demonstrates how the needs of American commerce determined the construction of successive racial regimes that were publicized in the theater and in motion pictures, particularly through plantation and jungle films. In addition to providing new depth and complexity to the history of black representation, Robinson examines black resistance to these practices. Whereas D. W. Griffith appropriated black minstrelsy and romanticized a national myth of origins, Robinson argues that Oscar Micheaux transcended uplift films to create explicitly political critiques of the American national myth. Robinson's analysis marks a new way of approaching the intellectual, political, and media racism present in the beginnings of American narrative cinema.
Download or read book No More Heroes written by Jordan Flaherty and published by AK Press. This book was released on 2016-10-24 with total page 175 pages. Available in PDF, EPUB and Kindle. Book excerpt: Missionaries of the left, saviors are people of privilege who believe they have all the answers. They want to help, but don’t want to listen; they lead but never follow. From post-Katrina New Orleans, to anti-sex-traficking work, to do-gooder journalists, Flaherty’s book reveals saviors’ misdeeds but also shows how activists can build new, stronger movements.
Download or read book Free the Land written by Edward Onaci and published by UNC Press Books. This book was released on 2020-04-17 with total page 297 pages. Available in PDF, EPUB and Kindle. Book excerpt: On March 31, 1968, over 500 Black nationalists convened in Detroit to begin the process of securing independence from the United States. Many concluded that Black Americans' best remaining hope for liberation was the creation of a sovereign nation-state, the Republic of New Afrika (RNA). New Afrikan citizens traced boundaries that encompassed a large portion of the South--including South Carolina, Georgia, Alabama, Mississippi, and Louisiana--as part of their demand for reparation. As champions of these goals, they framed their struggle as one that would allow the descendants of enslaved people to choose freely whether they should be citizens of the United States. New Afrikans also argued for financial restitution for the enslavement and subsequent inhumane treatment of Black Americans. The struggle to "Free the Land" remains active to this day. This book is the first to tell the full history of the RNA and the New Afrikan Independence Movement. Edward Onaci shows how New Afrikans remade their lifestyles and daily activities to create a self-consciously revolutionary culture, and argues that the RNA's tactics and ideology were essential to the evolution of Black political struggles. Onaci expands the story of Black Power politics, shedding new light on the long-term legacies of mid-century Black Nationalism.
