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In this video, Malcolm X tells some of the hard truths about black economics. According to Malcolm, the black man commits himself to being a “boy” when it comes to getting what he needs economically. His argument is that black men and women spend all of our time begging for whites to give us what we need, only to become upset when the white man tries to control our lives.
He then asks how a group of people who “own no factories” compete against those who own the factories. Malcolm argues that if we find a way to own our own businesses, we will then have the ability to control our own destiny.
Have our black leaders led us in the wrong direction over the last 50 years? Perhaps it’s time to rethink the strategies that might have made sense in the 1960s and admit that some of these policies are failed.
What’s the next step?
It appears that Malcolm is stating that the next step to black empowerment is to find a way to own something.
Let’s get started right away.