Black capitalism rests upon two primary myths: the circulating Black dollar and Black buying power. For purposes of this essay, in honor of National Black Business Month, we will use tariffs and trade to highlight the contradictions and limitations of each myth while decoupling the legitimate sentiments that may drive us to support them. . . .
Capitalism
“Black Buying Power”: A Term of Deception
Through all spheres of the Black political spectrum and Black business class, it is commonly misrepresented that we have over a trillion dollars in buying power. . . .
Examining Black Income Inequality in the US
In this nation, the American dream is nonexistent. Over 18 million Americans are living in abject poverty as a result of America’s wildly unequal wealth distribution, while the middle class has all but vanished due to wage stagnation and inflation. Half of Americans are living paycheck to paycheck, still working 40 hours a week. We were directed to go to school and earn degrees to prepare for the new technological advancements of a fast-paced economy. But the ruling class in this country is directly invested in keeping wages low and maintaining this system of economic insanity. Transformative technological change, led by . . .
Capitalism’s Techno-Metamorphosis
This article exposes two parallels related to big tech. One being, capitalism’s metamorphosis into techno-feudalism and the other being the failure to capture a share of our total economic value produced through our labor and or through our technological inputs. It must be re-emphasized that we create the value of a product, the masses have always been the creators of value, and consequently the destroyers as well. “Wealth is still concentrated in the hands of a few powers whose wasteful economies are maintained by the exploitation of the labor…” Fidel Castro, Former President of Cuba, speaking on behalf of the Non-Aligned . . .
Whitey On The Moon In the North Carolina Sky
Historians often utilize the term “primary source” to describe a piece of historical evidence. The evidence can be anything created during the period in which one is researching. From pictures to speeches, primary sources can address local, national, and international history that opens time portals into a world that allows the interpretation of history through the eyes and minds of those who lived during the researched period. These sources can be integrated seamlessly and aligned to History Standards and incorporated as primary sources into the curriculum. Such sources are often invaluable opportunities to gain greater clarity and insight into historical . . .
165 Years of Illegal US Occupation in La Navase
This article was originally published in Ayibo Post . In 1857, two Americans, Peter Duncan and Edward Cooper, landed on the coast of La Navase, an island of 5 km square, located 40 km from the town of Jérémie. It is an island that belongs to Haiti, according to the Haitian Constitution of 1801. The Americans have declared it the property of the United States of America, under the Guano Islands Act, passed a year earlier by the U.S. Congress. This law declared that any uninhabited island containing guano, a highly effective fertilizer obtained from the excrement or waste of . . .
No War But Class War in the Horn of Africa
The latest class conflict in Ethiopia began in November 2020 when the Tigray People’s Liberation Front attacked the northern command of the Ethiopian National Defense Force, essentially waging war against the Ethiopian government. It is important to note here that TPLF is a group that has close ties with the United States as well as the Central Intelligence Agency. They had ruled Ethiopia from 1991 to 2018 with brazen corruption and even invading sovereign Eritrean and Somali land. In order to understand the motives of imperialist pawns like TPLF and the role of the government, one must understand how Ethiopia . . .
Imperialism Was Built on Settler-Colonialism
Abstract This paper builds on Nkrumah’s approach of starting from the point of knowing the enemy. Collective imperialism, sham independence and neo-colonialism as described in Book One Chapter One of Nkrumah’s Handbook of Revolutionary Warfare are re-examined in the context of 21st century globalization. Capitalism was built on the theft of land and resources in the process of colonization. The most extensive exploitation of land and resources resulted in the near extermination of indigenous peoples and the creation of powerful settler regimes that serve to support the dominance of USA-European capitalism. Racism played a key role in justifying the barbaric . . .