The Pitfalls of Black Capitalism: Lessons from Uncle Nearest and Target
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The Pitfalls of Black Capitalism: Lessons from Uncle Nearest and Target
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This payday Amber and Erika are discussing Black capitalism and why money isn’t enough to save us from the pitfalls of the system. Using two hot-button current events - the Uncle Nearest lawsuit and receivership and Target boycott - we breakdown why capitalism is inherently anti-black and an ineffective liberatory tool. Both examples point to the limitations of capitalism and why Black people’s lack of ownership of the means of production prevents the independence necessary to generate capitalistic gain. Gleaning wisdom from Malcolm X’s evolving beliefs on Black economics and capitalism, this episode highlights why being pro-Black necessarily requires being anti-capitalism. Get the scoop when you listen to the episode!
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