The economic philosophy of black nationalism is pure and simple. It…
Question The economic philosophy of black nationalism is pure and simple. It… The economic philosophy of black nationalism is pure and simple. It only means that we should control the economy of our community. Why should white people be running all the stores in our community? Why should white people be running the banks of our community? Why should the economy of our community be in the hands of the white man? Why? If a black man can’t move his store into a white community, you tell me why a white man should move his store into a black community. The philosophy of black nationalism involves a re-education program in the black community in regard to economics. Our people have to be made to see that any time you take your dollar out of your community and spend it in a community where you don’t live, the community where you live will get poorer and poorer, and the community where you spend your money will get richer and richer. Then you wonder why where you live is always a ghetto or a slum area. And where you and I are concerned, not only do we lose it when we spend it out of the community, but the white man has got all our stores in the community tied up; so that though we spend it in the community, at sundown the man who runs the store takes it over across town somewhere. He’s got us in a vise. So the economic philosophy of black nationalism means in every church, in every civic organization, in every fraternal order, it’s time now for our people to become conscious of the importance of controlling the economy of our community. If we own the stores, if we operate the businesses, if we try and establish some industry in our own community, then we’re developing to the position where we are creating employment for our own kind. Once you gain control of the economy of your own community, then you don’t have to picket and boycott and beg some cracker downtown for a job in his business. ~Malcolm X, 1964What do you think of the economic philosophy of Black nationalism? Do you think it has some relevance in contemporary society?What questions do you have about the role of Black economics? What did you wonder about? Pose your questions to each other to spark a dialogue around the weekly topic. Make sure your questions are open-ended. Note: this is required. “I don’t have any questions” is not an acceptable response. Social Science Sociology SOC SOC-280 Share QuestionEmailCopy link Comments (0)
