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Economics

You Can't Have Capitalism Without Racism - Malcom X.

The American Economy Is Rigged — And what we can do about it.

By Editors' Choice

NOTE: No mention of the centrality of racism and sexism the plays in “rigged” capitalism. I put rigged in quotes because it’s redundant to call capitalism rigged! Capitalism has always been rigged against the vast majority of the people: those exterminated or enslaved by capitalism’s founders and those who eventually became the proletariat all over the world. Hence, this essay is fundamentally flawed in its attempt to explain why their…

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Nobody would mistake Cory Booker for a radical.

Cory Booker’s Big New Policy Idea Isn’t Reparations, but It’s the Closest a Presidential Candidate Is Going to Get

By News & Current Affairs

By Jordan Weissmann — Sen. Cory Booker did not come out and propose reparations for black Americans this week. But the policy idea he rolled out on Monday might be the closest thing that we can expect to see from a serious presidential contender going into 2020. The senator from New Jersey, who is gearing up for a White House run, plans to introduce legislation soon that would create a “baby bond”…

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Victory in Ferguson, The Green Party Candidate for Governor of NY, Garvey’s Economic Vision

By Vantage Point Radio, Video/Audio

Topics: Garvey’s Vision of Economic Development • The Green Party’s Candidate for Governor of NY • Victory in Ferguson. Guests: Rev. Dennis Dillon (Senior Pastor, the Rise Church, Brooklyn, NY), Howie Hawkins (Green Party Candidate for Governor, Syracuse, NY) and Melanie Randels (Community Organizer, Ferguson, MO (Invited))

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Black child holding coins - Serede Jami / Eyeem / Getty Images

Black Americans’ Median Wealth Could Disappear in One Generation

By Editors' Choice

By Adam Hudson, Truthout — It’s no secret that, as the saying goes, “The rent is too damn high.”Across the nation, housing is becoming increasingly expensive for many Americans. But the story of the present-day housing crisis is not just a story of rising rents; it’s also a story of systemic racism. Today’s rising housing prices exacerbate the racial wealth gap in the US by making it more difficult for Black…

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AME Church Bishops pose with Black bankers and business leaders after announcing historic partnership.

AME Church and Black Banks Launch New Partnership for Black Wealth

By News & Current Affairs

By Hazel Trice Edney — (TriceEdneyWire.com) – The Black church, among the most prosperous institutions in America, has long led movements for the spiritual, social and civic uplift of Black people. When the Rev. Dr. Martin Luther King Jr. was assassinated on April 4, 1968, he had just launched the Poor People’s Movement, which quickly fizzled after his death. With this historic backdrop, the African Methodist Episcopal Church – with…

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Black Economic Development: The Power of Networking — June 18th Edition of Vantage Point

By Vantage Point Radio, Video/Audio

Topic/Focus – Economic Development: The Power of Networking. Guests – Dr. George Fraser (President/CEO, FraserNet, Convener, Power Networking Conference, Cleveland, OH), Anthony Browder (World Renowned Historian, Egyptologist, Archeologist, Washington, D.C) and Dr. Stacie NC Grant (Founder, Destiny Designers University, Speaker & Celebrity Guest MC, New York, NY)

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FraserNet Announces its 2018 PowerNetworking Conference Key Speakers and Programs

FraserNet Announces its 2018 PowerNetworking Conference Key Speakers and Programs

By News & Current Affairs

Cleveland, Ohio – FraserNet, Inc., has announced that its 2018 PowerNetworking Conference (PNC) will be held July 4-8, at the Gaylord Hotel and Conference Center, on the National Harbor in Prince George’s County, Maryland. This year’s conference top global experts will focus their training on financial literacy, business development and wealth building through personal “subject matter” excellence, effective networking and collaboration.

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Maurice Mitchell, left, the new national director of the Working Families Party, with his predecessor, Dan Cantor, at the Working Families Party office in Brooklyn, New York. Rafael Shimunov / Working Families Party

Economic vs. Racial Justice Is a ‘False Choice,’ Says the New Working Families Party Director

By Commentaries/Opinions

Maurice Mitchell wants the WFP to be a political home for working-class people of every race. By Collier Meyerson — The Working Families Party, a progressive political political party that is active in 19 states, just announced that its longtime national director, Dan Cantor, has been succeeded in the role by Maurice Mitchell. The first black person to hold the post, Mitchell has two decades of experience in political and…

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