I know exactly what Capitalism is. Capitalism is defined by its steep inequality, meaning that the small population at the top seeks to make the most profit possible from the cheapest labor cost possible from the large masses; That means paying as little as possible to the masses; then when mix in global and national economic markers like GDP, CPI, etc., producers (capitalists) decide to raise the cost of living based on those measures but keep wages for their workers down...therefore, crime is created out of a necessity to fight the results of capitalism and they bytch ass police are only created in history to protect private property and serve the rich (to protect and serve)...that's the only reason they were created: keep the masses poor and segregated from the small rich class so they do infiltrate that group and upset the balance between owner/labor force....anybody that argues that capitalism is not that is a pro-capitalist apologist and a fool; its foundational...constitutive; its the major reason behind the oppression and genocide for every marginalized group throughout history, especially Blacks and Native Americans. Educational systems in this country teach students from preschool to be competitive and that those who don't work hard in America don't deserve to survive in capitalism, which is not true...so how can anyone argue pro-capitalist and not accept that it is the major catalyst for crime, racialised oppression, etc. if they know history and economics? They can't and they only argue pro-capitalist because they are greedy fukks that got mindfukked by the American system of lies..
I see nothing wrong with paying as little as you can for anything, food, shelter, clothing, and even labor. The key is finding equilibrium between low enough price and acceptable service, like every other commodity.
The majority black population in America is working class and the president's job is to maintain capitalism and restructure it if necessary; If he/she improves the socioeconomic viability of the black working class, he will shut down capitalism and a crisis would ensue. This is all documented in Du Bois' Black Reconstruction as this almost happened when Andrew Johnson left office and the capitalist system during Reconstruction was almost toppled for various reasons. The only thing that saved it was that the President ended reconstruction with the help of northern capitalists, took the union troops out of the south, had black local officials assassinated, took the land away from the freedmen, and established sharecropping and convict lease system, which transformed capitalism but kept it based on racial oppression.
Not the president or any political apparatus job to make sure capitalism does anything. Again you show your ignorance of capitalism, which is removed of government restriction or oversight and lets the market. du bois was a avowed socialist and market interventionist, of course he knowingly painted market force by the government as capitalism and the system as capitalist when it wasn't it was crony capitalist or corporatist aka a economic flavor of socialist economic action (it any form of economic transaction where 3rd party forces itself into economic transaction via force or threat of force). And of course an integrationist like Du Bois would favor and beg for white acceptance and forced integration, when his main objective was whites to love him and validate him, unlike Booker T and Marcus Garvey that argued for black economic seperation and strengthening using capitalist principles to build up our own networks. So forgive me if the "white man's ******" in Du Bois writes about how blacks need white salvation and the evils of capitalism in favor of socialized central planned economies, while history documented by Walter Williams and others show different stories and contempories like Booker and Garvey argued against him during the time, and he effectively sabotaged their efforts using his white connections in the media and academia.
AGAIN! Capitalism is capitalism regardless of skin color; no one wins but a very small percentage of the race; the rest of us will continue to be exploited and oppressed; dudes are really hustling backwards talking that capitalism bullshyt; all it does is feed the pockets of white banks and corporations; its a lose/lose situation for the black masses; those that know the history of Black capitalism are shaking their heads at movements like these. At the most, if all blacks supported black businesses (which we did before), the biggest percentage that capitalism would allow to be successful business owners is under percent; When the shyt got too big, the political economy of the 1940s and 1950s shut that shyt down by redlining, and we were back to square one; Then we tried it again in the 1970s and AGAIN, the shifting political economy and Reaganism shut that shyt down. Like I said, keep dreaming on capitalism and its gonna get shut down AGAIN.
You seem confused, capitalism is a economic system, I never argued it had anything to do with skin color. Try to read and comment on what I said, if you want to talk to me, I won't be arguing things you imagine in your head.
As for capitalism, its documented to have lead to the fastest and highest rise in human quality of life in history of man. So to claim no one wins but a small percentage is demonstrably false in the success in economics, life expectancy, quality of life, infant mortality, and etc of capitalist leaning nations compared to the alternative and more heavily regulated and socialist leaning nations, especially when you go to the hyper socialist nations.
Hustling backwards is chosing a economic system that when lined up against capitalism produces everything you falsely attribute to capitalism while ensuring that there will be a fixed class of central planers that ensure they are benefited above all others.