How come us blacks don't own anything

intruder

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Many big businesses are started by black but eventually get bought out.
Cant blame the breh for selling out (No pun intended) if some white investors comes and offers him way above market value for the business :manny:
 

Dwayne_Taylor

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We own a lot of funeral parlors too. Whites historically don't like dealing with black peoples bodies. So there has always been a market for black owned business like barbers shops and funeral parlors.

Imo if we stopped playing the respectability politics then we could embrace more of our culture and sell it to ourselves like other groups.
 

VegasCAC

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Black people don't own as many businesses because white supremacy leaves them to start out a low-income level. This makes it hard to accumulate the economic and intellectual capital to start a business.

How to fix it? That's the hard question. There's governmental business loans for minorities out there but it's not nearly enough. Personally I'm in favor of reparations to start.
 

Dwayne_Taylor

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Black people don't own as many businesses because white supremacy leaves them to start out a low-income level. This makes it hard to accumulate the economic and intellectual capital to start a business.

How to fix it? That's the hard question. There's governmental business loans for minorities out there but it's not nearly enough. Personally I'm in favor of reparations to start.
This country also has a history trying to criminalize whatever black and poor people do to create commerce among themselves.

For example: Uber is big business now but it used to be called hacking when I was a kid and black people where doing it in the hood. This is how respectability politics work; it mostly black lawmakers trying to keep hacking illegal. But let a white guy start and app for it now is ok.
 

VegasCAC

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This country also has a history trying to criminalize whatever black and poor people do to create commerce among themselves.

For example: Uber is big business now but it used to be called hacking when I was a kid and black people where doing it in the hood. This is how respectability politics work; it mostly black lawmakers trying to keep hacking illegal. But let a white guy start and app for it now is ok.
The government has a history of intentionally fukking up black businesses, when really if anything it should be HELPING them :snoop:
 

beenz

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I'm black. in 6 days, I'll own 2 houses :obama:

but to add to the thread, I gotta take my kids to the dentist this evening, and dude is a 30 something year old black man who owns his own practice :salute:

they actually love the dentist office cuz they got TV's in every room while you get your teeth cleaned.

btw, if anyone in chicago wants to go to a black owned dentist, PM me. I have the one I go to, but the one my kids go to is better. I'd rather go to theirs, but I'm a loyal client to my OG black dentist.
 
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ridedolo

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Black people don't own as many businesses because white supremacy leaves them to start out a low-income level. This makes it hard to accumulate the economic and intellectual capital to start a business.

How to fix it? That's the hard question. There's governmental business loans for minorities out there but it's not nearly enough. Personally I'm in favor of reparations to start.

 
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