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Black Capitalists: Race, Wealth & Redefining Power with Dr. Rachel Laryea

Black Capitalists: Race, Wealth & Redefining Power with Dr. Rachel Laryea

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 Black Capitalists: Race, Wealth & Redefining Power with Dr. Rachel Laryea | The Soul Story® Show What does it really mean to be a Black capitalist? In this powerful episode, host Brooke-Sidney Harbour sits down with scholar and author Dr. Rachel Laryea to unpack her book Black Capitalists: The Story of Race, Identity, and the Making of Black Wealth. From redefining capitalism through a communal lens to the radical framework of the undercommons, this conversation challenges assumptions about race, money, and power—and offers a grounded roadmap for building generational wealth with integrity. What You'll Learn • How Dr. Laryea defines "Black capitalist" (and how it differs from simply "participating in capitalism") • Why abundance mindset + community must replace scarcity and individualism • The undercommons: leveraging institutions' resources for marginalized communities • Diaspora insights: Ghana's Year of Return, pan-African investing, and a global Black wealth lens • Is education still the path to generational wealth—or is that belief shifting? • Will AI and crypto accelerate or entrench the racial wealth gap? • Case study: Esusu & reporting rent to build credit—using "the master's tools" for equitable outcomes • Tactical wisdom: authenticity vs. strategy in rooms not built for us Chapters (Timestamps) 0:00 Intro — Welcome to The Soul Story® Show 1:12 Meet Dr. Rachel Laryea & Black Capitalists 1:30 The soul of the book: personal + communal reasons it had to be written 3:12 "Black capitalists don't exist?"—why this discourse matters 5:03 Education, immigrant grit, and access—Dr. Laryea's early story 10:19 Defining Black capitalist vs. Black capitalism (Nixon-era vs. her definition) 12:39 Abundance, community, anti-extraction: re-orienting how we use capital 16:02 What the research revealed (diaspora throughline, Africa focus) 18:43 Year of Return (Ghana), pan-Africanism, and global Black futures 21:02 Why private equity & real estate—and why culture matters too 22:30 The Undercommons (Moten & Harney): resistance, refusal, radical possibility 24:55 Undercommons in practice (e.g., JPMorgan African Alliance, social/human capital) 27:01 Strategy versus "fitting in": navigating power spaces without losing yourself 30:18 Is education still the pathway to Black wealth? How the landscape is shifting 33:38 AI & crypto—accelerators or new gatekeepers? Implementation + access questions 35:24 Building wealth with values first: culture → profitability (the Esusu model) 39:27 "Master's tools" debate—can tools be neutral? 40:15 Rapid Fire: books, models of excellence, one word for the future, a song, $100M play 43:37 Closing, links, and how to connect Guest Info: Dr. Rachel Laryea 🔗 Website: https://rachellaryea.com 🔗 Instagram: https://instagram.com/drlaryea 🔗 LinkedIn: http://linkedin.com/in/dr-rachel-laryea-83a44aa1 📖 Book: Black Capitalists: The Story of Race, Identity, and the Making of Black Wealth — https://amzn.to/4nUwIBf Resources Mentioned The Undercommons — Fred Moten & Stefano Harney (framework referenced): https://amzn.to/4nLhX3C Esusu — rent reporting to credit bureaus; building credit for renters - https://esusurent.com/ Books: Forensics of Capital — Michael Ralph: https://amzn.to/46pET2I The E-Myth Revisited — Michael E. Gerber: https://amzn.to/46BYhYX Black Marxism — Cedric J. Robinson: https://amzn.to/4gMrpBy The Color of Money — Mehrsa Baradaran: https://amzn.to/4pG8zA4 Ghana's Year of Return (2019) — diaspora reconnection and investment context Song: "Billionaire's Club" (Wizkid, Darkovibes, Olamide) – energy of the episode Key Ideas to Share • "It's one thing to be a Black person participating in capitalism; it's another to be a Black capitalist who refuses extraction and builds with community in mind." • "The undercommons is where we leverage institutional resources for collective benefit." • "Tools can be neutral—it's how we use them that determines whether they reproduce harm or create equity." Connect & Next Steps ✨ Loved this conversation? Like, subscribe, and share with a friend. 📝 Ready to write your transformative book? Book a Soul Story® Strategy Call: https://bit.ly/BJHbookchats 📩 Media and Speaking inquiries: brookesidney@brookesidney.com 🎧 Listen on Apple, Spotify, iHeart or your favorite podcast platform #BlackWealth #BlackCapitalism #GenerationalWealth #RachelLaryea #SoulStoryShow #Undercommons #PanAfrican #AIandEquity #Crypto #bookcoach #authorcoach #booktube #booktuber #writerscommunity #authortube #authortubers #bookstagram #bookreview #ghostwriter #writer #author #attorney #booklover #booklovers
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