Saturday, September 23, 2017

Big capital wipes out small Black entrepreneurial spirits

To make a long story short, Black people who build small businesses, like all small businesses , are in a historical stage of the "Market" in which "one capitalist always kills many other capitalists, cutthroat monopoly competition . Any weakness is used against small capital to take it. Racism is a powerful weapon for cutting the throat of all Blacks with the entrepreneurial spirit and a little capital. In Detroit , Black Bottom Black wealth was wiped out by "urban renewal" in the late 1950's, for example. The City government was the agent of big capital. Urban renewal,  was a special weapon against Negro businesses; wasn't used against white businesses.

No comments:

Post a Comment