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jerryking : louis_farrakhan   3

Black entrepreneurs, please
April 7, 1990 | The Economist | Anonymous.

Politics was vital for black advancement in the 1960s and 1970s, but is less so nowadays. Mr. Jackson’s presidential campaigns fed black self-esteem—but also stoked up the myth that black America remains in need of political, as opposed to economic, leadership. The true black “leadership” is not coterminous with black politicians who manage to stay in the spotlight. In every city there are lawyers, businessmen, ministers, public-housing organizers, doctors and teachers whose cadences are less emotive than the politicians’ but whose contribution to black prosperity is more real.

The battle for civil rights has given way, as most of the old civil rights organizations themselves acknowledge, to the battle for “economic empowerment”. After a legal foundation has been laid, a minority’s prosperity will depend less on political largesse and more on economic dynamism. Reasonable men may differ on the adequacy of the foundation of America's laws against discrimination But none can doubt that the time has come to build black prosperity on it. The median income of America’s black families has barely budged over the past decade.

This is why one of the vital findings of America’s 1990 census will be the level of black entrepreneurship In 1980, 1.37% of blacks were self-employed, compared with 1.92% of Hispanics (and 5.8% of whites). Recent, largely anecdotal, evidence suggests that the level of Mexican-American business formation continues to grow faster than that of blacks. True, some Mexican entrepreneurs are immigrants and therefore, almost by definition, more willing to take risks than native’ born Americans. But black, homegrown economic dynamism is urgently needed.
entrepreneurship  African-Americans  leadership  civil_rights  economic_dynamism  Jesse_Jackson  leaders  Louis_Farrakhan  politicians  economic_empowerment  anecdotal 
august 2012 by jerryking
Shall We Overcome? - WSJ.com
October 14, 2005 | WSJ |By CHARLES JOHNSON.

As Louis Farrakhan, Jesse Jackson and Al Sharpton prepare for yet another symbolic and substanceless "Million Man March" in Washington, all three have managed to dodge the joke about the first such rally a decade ago (the one in which Mr. Farrakhan dazzled the world with his knowledge of numerology): namely, that black men in America are the only group ever to march in protest of themselves. I'm guessing that the rationale for this weekend's gathering is identical to that of the initial march. It is a lament we have heard in one guise or another for 3½ decades: Our family is in crisis; black men are an endangered species....On the one hand, we are CEOs at AOL Time Warner, American Express and Merrill Lynch; we have served as secretary of state and White House national security adviser; we are mayors, police chiefs, best-selling novelists, MacArthur fellows, Nobel laureates, professors, billionaires, scientists, stockbrokers, engineers,etc...But there is a second, disturbing profile that reveals too high a percentage of black men being AWOL as fathers and husbands; as disappearing from our colleges (UC Berkeley's 2004-05 freshman class had only 108 African-Americans out of 3,600 students, with less than 40 males, and not one black among the 800 entering students in engineering); as graduating from high school with an eighth-grade level of proficiency in math and reading; in prison, on probation or on parole (a third of black men in their 20s). With the HIV infection rate doubling for blacks in the past decade, as well as urban violence, hypertension, social stress and heart disease, the number of black men now trails black women by two million....we are finally willing to acknowledge a national "boy problem" in general, one with devastating consequences for black males in particular...We have already allowed the talent, resources and genius of two generations of young black men who might have enriched this republic to be squandered by gang violence, by poor academic preparation, by the lack of good parenting and by the celebration of an irresponsible "thug life" that is ethically infantile and, predictably, embraced by a notoriously values-challenged entertainment industry....Two things could not be more clear in 2005: First, without strong, self-sacrificing, frugal and industrious fathers as role models, our boys go astray, never learn how to be parents (or men), and perpetuate the dismal situation of single-parent homes run by tired and overworked black women. The black family as a survival unit fails, which leads to the ever-fragile community collapsing along with it. Second, our black predecessors (particularly Booker T. Washington with his corny but unfailingly correct "gospel of the toothbrush") understood from the era of Reconstruction until the late 1960s how indispensable was the black family for sustaining a fight against racism that by its very nature can only be measured in centuries, and for ensuring that our progress toward liberation, personal and political, would not be lost in but a single generation as it now threatens to be.
African-Americans  Al_Sharpton  Booker_T._Washington  crisis  dysfunction  endangered  family_breakdown  fatherhood  frugality  industriousness  Jesse_Jackson  leadership  Louis_Farrakhan  Reconstruction  self-sacrifice  single_parents  thug_code 
august 2012 by jerryking

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