Disrupt the Chaos w Rosa Clemente – The #MOBP! on July 9, 2020 Play Pause Unmute Mute SHARE THIS POST!Click to share on Twitter (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to email a link to a friend (Opens in new window)Click to share on WhatsApp (Opens in new window)Like this:Like Loading... SEE ALSO:
The development of community and economic self – help: the solution to the racial wealth gap?
Dr. Huey P Newton's treatise on Black capitalism corroborates the myth that black communities could ever accumulate
wealth in a segregated economy; in other words, confirming "The Myth and Propaganda of Black Buying Power"!
“Black capitalism is represented as a step toward Black liberation. It isn’t. It is giant strides away from liberation. No black capi-
talists can function unless he or she plays the white man's game. Worse still, while the Black capitalist wants to think he
functions on his own terms, he doesn't. He is always subject to the whims of the white capitalist.
The riches of Black capitalism, and the limits of Black capitalism are set by the white power structure"
[ Huey P. Newton in Ebony Magazine, 1 August, 1969, pg. 110 ].