That's not what he said tho, he said that current black entertainers have turned their back on social responsibility.
When the Occupy movement was in effect, you had dudes like Cornel West at protests, and getting arrested cause he knows corporate america went too far and killed the middle class........... you know what Jay did? wore a shirt that said " Occupy All Streets" to make some rocawear money 
This current generation of wealthy blacks, mostly use their influence to make money and do nothing more than that....hell, you can't even get them to say some real shyt, cause they're worried about their corporate sponsors and how it'll affect their endorsements.
It didn't backfire at all, cause now we have an open public forum to discuss how more and more elite blacks aspire to be Michael Jordan and less like Magic Johnson and Michael Jackson.
The Occupy wallstreet shyt is one of the things I respect most of his latest "political positions".
nikkas were poor forever, always fukked by the higher-ups and on. While we were saying these things BUT shyt was going smooth as fukk for cacs, cacs were saying

America has the greatest and most fair system and corp systems of all times. Now the white people got into some trouble and all of a sudden American Corps was the worst. Jay said well, we've been fukked for ever, took the unsafe decision to officially say that he wasn't fukkin with all that and if you wanna occupy anything occupy all the streets.
And made money of it, the same way cacs taught us to make money of peoples "misery".