Entropy Fan
Superstar
So it's safe to say the biggest priority is getting rid of corrupt governments
Black Diasporic Essentials For "Liberation"
- Thread starter Poitier
- Start date
And dumb ones...
Im not done but so far this a great read/thread.
This was one of my favorite sections to lurk before registration opened up. You brehs/brehettes that post here really put me on a lot of stuff. looking forward to joining in the decision now that I'm a member.
This was one of my favorite sections to lurk before registration opened up. You brehs/brehettes that post here really put me on a lot of stuff. looking forward to joining in the decision now that I'm a member.
Entropy Fan
Superstar
I don't know if you are knowledgeable about france's hysterical attempts at breaking up Nigeria. If you do you should create a thread on it. Nigeria is a huge threat to Euro rule on the continent even tho Nigeria is corrupt and somewhat divided
I've done a lot more reading/watching with agriculture stuff than with finance. But I read a book recently that's making me think, and even the profits you speak of could be counterproductive.
Think of it this way. Those African banks will send money to the African American community. And in return, they want MORE money back. So in the long run, they're actually pulling money out of the African-American community.
Now, you can think, "Oh, but there will be inflation" and "Okay, but they have to account for the risk of a certain % of debtors defaulting on their loans." But then remember that even AFTER taking inflation and risk into account, they're going to want a profit above-and-beyond that, or they're not going to invest.
So inviting banks in is inviting people to take money out of the community at a rate faster than the community's own value is going to be increasing. That only works if the community starts somehow pulling in a lot of profit from outside sources, or if it cannibalizes its own resources to convert them to money as soon as possible to satisfy the beast that is holding debts over its head.
The only way to stop that cycle full-on is by completely changing the economy. But short of that, I think we need to be looking at nonprofit credit unions and other such community based solutions so that the money stays in the community and the exterior profit-motive doesn't interfere with good work. Maybe even experiment with local currency to stimulate the circulation of money and keep it local.
Yeah, but that isn't something everyone can do, even though it is VERY important. So what can people do with their own resources while those corrupt governments are still in power, that defies their rule and builds the community? That has to be at least equally important.
Entropy Fan
Superstar
Their corruption opens the door to outside domination. Those outsiders will sabotage anything you do in that country. Those countries are poor as state policy pretty much.
Imagine trying to work in a company where the CEO is sending trade secrets to rivals and selling corporate assets for pennies. Nothing you do to contribute will matter till that idiot is gone.
Blacks in America can focus on America and building what they can in their own communities until some of these bad leaders are gone and opportunity arises to invest and build.
bluexjay101
Rookie
One of my most admired thinkers and economist basically confirming some of my thought patterns as of late :
Not fully relevant to this thread but it ties into my first few posts and I will be doing a post on public goods/social infrastructure soon.
Not fully relevant to this thread but it ties into my first few posts and I will be doing a post on public goods/social infrastructure soon.
I remember reading his articles in the HBR.
I don't know if @Poitier still comes on here for him to correct me but from what I noticed the BASICS for "black liberation" is cutting out whites as middle men in EVERY corner. With Africa playing a vital role.
I don't know if using a king pin as a example is ideal but I will still use him. Frank Lucas in the movie "American Gangster" said unlike Bump Johnson(some claim Frank never worked with Johnson BUT still we'll go by the movie!) he was INDEPENDENT of the Italian mafia and his entire business was actually his.
Reason for this is because Franm Lucas went directly to the source for his heroin(Trinagle Trade) and thus cutting out the Italians as middle men. And thus Frank Lucas became very rich.
Another example is Frank Matthews a BIGGER drug lord. He is the reason why to this day the mafia is IRRELEVANT in black neigborholds in NY. Because he organized a meeting to CUT OUT the Italians as middle men in not just drugs but literally EVERY criminal asset.
To me this thread is telling blacks to do what those black drug lords did....Instead legally of course. We cut off whites as middle men anywhere we can especially by using globalization like Lucas and Matthews did.
Anyone agree?
I don't know if using a king pin as a example is ideal but I will still use him. Frank Lucas in the movie "American Gangster" said unlike Bump Johnson(some claim Frank never worked with Johnson BUT still we'll go by the movie!) he was INDEPENDENT of the Italian mafia and his entire business was actually his.
Reason for this is because Franm Lucas went directly to the source for his heroin(Trinagle Trade) and thus cutting out the Italians as middle men. And thus Frank Lucas became very rich.
Another example is Frank Matthews a BIGGER drug lord. He is the reason why to this day the mafia is IRRELEVANT in black neigborholds in NY. Because he organized a meeting to CUT OUT the Italians as middle men in not just drugs but literally EVERY criminal asset.
To me this thread is telling blacks to do what those black drug lords did....Instead legally of course. We cut off whites as middle men anywhere we can especially by using globalization like Lucas and Matthews did.
Anyone agree?
Another thing I think what this thread is also explaining is that immigrant groups like Chinese, Indians, Arabs or Koreans have successful communities not because of group economics like those in that circle repeatedly like to argue, BUT because of those immigrant groups having a support system back home i.e their banks. I know this has been discussed on here many times. Those immigrant groups do not depend on America for their money but their base back home.
What parts of this thread is saying is that Africa should act as our "base back home" with African banks giving us loans like those Chinese banks do for Chinese. This again CUTTING whites out and making it less difficult for blacks in America to gain capital. Anyone agree or disagree with this?
Also @videogamestashbox.com since you're becoming a fan of the Root, you should read through this important thread.
What parts of this thread is saying is that Africa should act as our "base back home" with African banks giving us loans like those Chinese banks do for Chinese. This again CUTTING whites out and making it less difficult for blacks in America to gain capital. Anyone agree or disagree with this?
Also @videogamestashbox.com since you're becoming a fan of the Root, you should read through this important thread.
@KidStranglehold, will do
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@KidStranglehold Ok, I've glanced over this thead before after @Poitier mentioned it as a thread that should have gotten more views than it currently has.
I was thinking of making something similar but my analysis was a bit different from his. Also I wanted to prep the argument with a different base with 2 parts.
Post 1
10 fundamental flaws of the western intellectual canon
Post 2
The big picture(I may change the title)
Post 2 will be the one that parallels this topic.
That said I did make a miniature(off the dome) version in TLR.....
I can do a quote/reprint...
-----------------------------------------------
Below is a reprint of a good conversation I had between myself and @David_TheMan in one of my TLR threads... this is a quick and dirty version I made in the context of that conversation at the time
...but it gives you an idea of where my head is at in terms of "the big picture"
-----------------------------------------------
I can't even knock your analysis
1. You don't really save much time from Montgomery to either location. I ran the test and it's...
1 day to Montgomery
1 day of central processing
1 day of shipping to both auburn(30 min away) & b'ham(45min away)
2. Given that I have an internet business and the internet speed is much much faster in b'ham(given that it's a data center nexus) it makes sense to build there.
The telephone company that is now owned by AT&T Inc., which was formerly BellSouth and before that South Central Bell, which had its headquarters in Birmingham, has a major nexus in Birmingham, supported by a skyscraper downtown as well as several large operational center buildings and a data center.
Birmingham, Alabama - Wikipedia
3. Most importantly my political position is that we need to finish correcting our cumulative historical projection.
End transatlantic slave trade (Done)
End the formal institution of chattel slavery(Done)
-I look at the modern prison complex as it's own demon*
End overarching wide scale political division of African people(Done)
-current tribalism levels doesn't trump the current pan-african / African Union / regional, continental, & diasporic integration consciousness and thrust
End governmental colonialism(Done)
End academic(mental/spiritual) colonialism(initiated)
-Reconstruction of an African worldview(definitions of reality, values, principles, etc)
End economic colonialism(initiated)
Have capacity to fund all political actions
Have the capacity to extract, process, and manufacture all the goods Africa needs with the resources in the ground
Have the capacity to move all goods around the continent and trade internally.
Be independent of all non-African owned NGOs, production, and/or extraction corporations only leaving foreign(sellers, traders, and tourist).
Have a resource depot for surpluses in the Caribbean, Seychelles/Mauritius, and Kerkennah Islands.(Sale surpluses after domestic needs met)
Diaspora wholesale purchase surplus and use global sale of goods from depots as base financial revenue generator to maintain economic independence/sovereignty of global African peoples.
End military deficiency(initiated)
- gain policing, military powers, and the ability to enforce law. Grow capacity to deal with the total array of threats land, sea, air, cyber, biological, etc.
In street terms
Me building in a cac city is hustling backwards
....in terms of governance & economics. My employment opportunities needs to go to "my people", my tax funds need to go to "my people" & my political donations needs to go to making sure "my peoples" political candidates(and their policy maneuvers) are not beholden to "alien" financiers.
I was thinking of making something similar but my analysis was a bit different from his. Also I wanted to prep the argument with a different base with 2 parts.
2 part series I plan to post
Post 1
10 fundamental flaws of the western intellectual canon
Post 2
The big picture(I may change the title)
Post 2 will be the one that parallels this topic.
That said I did make a miniature(off the dome) version in TLR..... I can do a quote/reprint...-----------------------------------------------
Below is a reprint of a good conversation I had between myself and @David_TheMan in one of my TLR threads... this is a quick and dirty version I made in the context of that conversation at the time
...but it gives you an idea of where my head is at in terms of "the big picture"-----------------------------------------------
I can't even knock your analysis 1. You don't really save much time from Montgomery to either location. I ran the test and it's...
1 day to Montgomery
1 day of central processing
1 day of shipping to both auburn(30 min away) & b'ham(45min away)
2. Given that I have an internet business and the internet speed is much much faster in b'ham(given that it's a data center nexus) it makes sense to build there.
The telephone company that is now owned by AT&T Inc., which was formerly BellSouth and before that South Central Bell, which had its headquarters in Birmingham, has a major nexus in Birmingham, supported by a skyscraper downtown as well as several large operational center buildings and a data center.
Birmingham, Alabama - Wikipedia
3. Most importantly my political position is that we need to finish correcting our cumulative historical projection.
End transatlantic slave trade (Done)
End the formal institution of chattel slavery(Done)
-I look at the modern prison complex as it's own demon*
End overarching wide scale political division of African people(Done)
-current tribalism levels doesn't trump the current pan-african / African Union / regional, continental, & diasporic integration consciousness and thrust
End governmental colonialism(Done)
End academic(mental/spiritual) colonialism(initiated)
-Reconstruction of an African worldview(definitions of reality, values, principles, etc)
End economic colonialism(initiated)
Have capacity to fund all political actions
Have the capacity to extract, process, and manufacture all the goods Africa needs with the resources in the ground
Have the capacity to move all goods around the continent and trade internally.
Be independent of all non-African owned NGOs, production, and/or extraction corporations only leaving foreign(sellers, traders, and tourist).
Have a resource depot for surpluses in the Caribbean, Seychelles/Mauritius, and Kerkennah Islands.(Sale surpluses after domestic needs met)
Diaspora wholesale purchase surplus and use global sale of goods from depots as base financial revenue generator to maintain economic independence/sovereignty of global African peoples.
End military deficiency(initiated)
- gain policing, military powers, and the ability to enforce law. Grow capacity to deal with the total array of threats land, sea, air, cyber, biological, etc.
In street termsMe building in a cac city is hustling backwards
....in terms of governance & economics. My employment opportunities needs to go to "my people", my tax funds need to go to "my people" & my political donations needs to go to making sure "my peoples" political candidates(and their policy maneuvers) are not beholden to "alien" financiers.
....I got so many ideas to build onI swear I won't c00n my money away like most of these rich folks
Entropy Fan
Superstar
Your 100℅ right. Not only does profits shrink from middle men they also can sabotage whole operation by withholding their services. That gives them power and leverage over you. It's about independence more so then making a bit more money.
When you don't have to go to whites for anything they lose all leverage over blacks and Africa.
Western blacks have money to invest, but Africa isn't investment worthy because of the corruption and backwards leadership.
Those leaders have to go as first step before anything can be built. They are paid saboteurs.
Bumping one of the most GOAT threads for new comers.