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Economics

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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Special Features on April 16th Edition of Vantage Point — Dr. Ron Daniels

By Vantage Point Radio, Video/Audio

Featured Topics: The Amazing National Black Writers Conference, Medgar Evers College; Another Report on the Newark As Model City Initiative; Report Back From Afro-Descendant Conference in Venezuela. Guests: Dr. Brenda Greene, Executive Director, Center for Black Literature, Medgar Evers College/CUNY, Brooklyn, NY; Dr. Charlene Sinclair, Director for Reinvestment, Center for Community Change, Washington, DC; Yvette Modestin, Founder/ Executive Director, Encuentro Diaspora, Boston, MA

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Cotton and Slaves

How the West Got Rich and Modern Capitalism Was Born

By Reparations

Slavery did not die because it was unproductive or unprofitable, as some earlier historians have argued. Slavery was not some feudal remnant on the way to extinction. By Sven Beckert — By 1830, one million Americans, most of them enslaved, grew cotton. Raw cotton was the most important export of the United States, at the center of America’s financial flows and emerging modern business practices, and at the core of…

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