(ThyBlackMan.com) You would think that since the end of slavery and through the ensuing years Black people in this country would be further along in our economic evolution than we are today. You would think there would be no need for the economic empowerment messages that other columnists and I write on a regular basis. You would think Black children of the 21st century would be sitting pretty right about now, considering all we have been taught and all we have been through in our economic struggle since we were fired – I mean freed.
As I read the powerful words of our ancestors, both men and women, I hear the very same messages coming from them over 100 years ago. I hear them saying to our people who lived during that time, “Let’s build our own businesses,” “Seek for ourselves,” “Save our money and work together.” “Be producers.” It goes on and on.
The question that arises is: Why haven’t we heeded the messages of our ancestors? We are still trying to implement some of the economic principles they lived by many years ago. They had far fewer resources than we have today; they were quite limited when it came to transportation, communication, and education. Yet they developed and followed principles that if practiced today would propel us toward the reality of true freedom.
A collective effort that should have been a natural evolution from generation to generation, among Black people, has now become a much-needed revolution. Don’t get me wrong. Revolution is all right, but our economic destiny should not be in such bad shape that it now takes a revolution to correct it. Our economic demise is the direct result of a lack of evolution. If we had followed the natural path of economic growth for Black people in this country, from the early 1900’s until today, we would have evolved into one of the most powerful groups in the entire world. All we have instead is the dubious recognition of having an annual income that, if we were a country, would make us the tenth largest country in the world.
Revolution or evolution? We always seem to gravitate toward revolution – and, admittedly, in most cases it has been very necessary. But as far as economic empowerment is concerned, we now need a revolution simply because we failed to have an evolution.
There was a time, Dr. John Sibley Butler’s “Economic Detour” premise notwithstanding, when Black businesses flourished, even without access to the general market. The National Negro Business League, the Universal Negro Improvement Association, and other Black business organizations helped create not only new entrepreneurs, they also stimulated a Black business psyche that encouraged our people to support one another, to do for ourselves, and to work for economic self-sufficiency. We were producers and landowners; we developed our expertise in all fields of endeavor; we created jobs for ourselves; and we circulated our dollars among our own people.
I hear so much talk about an “economic revolution” for Black people. Unfortunately, “revolution” in this case deals more with “revolving” than it does with “revolt.” It simply means that we are getting back to a point where we were before, as in a circle. Are we running in circles when it comes to economic empowerment? I truly hope not. Economic revolution must be conceived and grounded in “overturning” our situation, not “returning” to it.
Black business is not a revolutionary idea; it is an evolutionary construct that moves from an infancy stage through various growth periods and cycles, and eventually becomes a Johnson Publishing Company and a Motown. Evolution would have moved us from the models we saw in Durham, North Carolina, Tulsa, Oklahoma, and other cities, to a $1 trillion business segment rather than the current $150 billion segment we have today.
Revolution or evolution? When we walked away from our brothers’ and sisters’ businesses after we “won” integration, the proper evolution of our businesses was thwarted. Now we are faced with starting an economic revolution. We must now move to a place where some of us do not want to be, despite the fact that we were all there once before. We already had what we are now trying to win back. Evolution would have maintained what we had, but now it will take revolutionary thinking and revolutionary action to cause us to work together for true economic and psychological freedom.
Revolution or evolution? We can have both. We should have both. Strong Black owned businesses still exist in this country, despite the buyouts we have witnessed in recent years. Evolution is paramount to their existence. Revolution is necessary for those of us who are consumers, small business owners, and advocates. We must change the way we do business. Specifically, we must change the way we spend our money. If we have revolution and evolution, Black people will make the progress we need to gain a much higher level of economic empowerment.
Written By James E. Clingman
Official website; http://www.blackonomics.com/
…James Davis. Who, exactly, are the certain segments within this socity blocking the creation of black business on a large scale?
It Is All About Money And Perspective!
We live in a society under which a segment of the majority population is attempting to exert control economically and politically. What we are experiencing is what blacks experienced in South Africa, prior to overturning that racist system. Our apartheid however is economic based. Economic discrimination is evident when black people have the same problem of developing black businesses all over the country. While Chicago may have more black businesses than in other parts of the country, by and large blacks share the same problems and statistics from Florida to Texas to New York and on and on… What we see for most part are selective success stories when it comes to black businesses. I don’t think we are less ambitious or enthusiastic when it comes to creating businesses, then anyone else. We have a systemic problem of economic deprivation brought on by certain segments within the majority society. It must be talked about and addressed. Hell, we live in America, the greatest capitalist system in the world. Do you not think for one second, that this system if it desired, could produce black businesses commiserate with our population per centage? America created and made Japan at one time one of largest business economies in the world and we fought them in a war. It is currently responsible for making China the 2nd largest economic power in the world. We got to look at the world like it is. WE must outline specifically where the problems are and address them head-on. If it is in area of raising seed money … let’s address it. If it is in the area of getting bridge loans…let’s address it. If it is in the area of getting expansion capital…let’s address it. But let us not ignore that there is a systemic effort by certain segments within this society to block the creation of black businesses on a large scale. It is not that we cannot overcome their effort of interference, but we do not do that by burying our heads in the sand, and ignoring their existence. In my opinion, and it is strictly my opinion, our greatest enemies are ourselves, because we fail to isolate our problems. I wish there was a place where we could go to read, how many black businesses were attempted on a monthly basis? Why did they specifically fail? With the current black businesses in existence, what if anything can be done to expand them? And if we are not making enough attempts at creating businesses, how can that problem be resolved? Can HBCU’s assist through education in producing more entrepreneurs? Why not? They produced an army of teachers in our recent past. Unless we start identifying and isolating our problems, how can we succeed? How can we if we do not know what our problems are, address and solve them?