Tagged: black wealth

“It’s just like when you’ve got some coffee that’s too black, which means it’s too strong. What do you do? You integrate it with cream, you make it weak. But if you pour too much cream in it, you won’t even know you ever had coffee. It used to be hot, it becomes cool. It used to be strong, it becomes weak. It used to wake you up, now it puts you to sleep.” — Malcolm X

“The evidence suggests that black graduates, with fewer resources to fall back on, are even more aggressive than whites in pursuing a job. But that hasn’t been enough to overcome obstacles.”

If a company has a practice or policy of not hiring and/or promoting African Americans to higher-status, higher-paying positions within the company, then it doesn’t matter how many QUALIFIED black graduates submit their resumes. Hence, the reason why you have so many industries (e.g. Hollywood, advertising, Silicon Valley, Wall Street, our judicial system, fashion, the media, etc.) that have a gross overrepresentation of whites/”Jews” and a gross underrepresentation of African Americans employed (less than 2 percent in some of the industries listed). Always remember that majority of these institutions were created when African Americans did not have civil, political or social rights in this country….

Source: Patricia Cohen. “For Recent Black College Graduates, A Tougher Road to Employment.” New York Times. December 24, 2014. http://mobile.nytimes.com/2014/12/25/business/for-recent-black-college-graduates-a-tougher-road-to-employment.html?_r=0.

“In general, a program of reparations is intended to achieve three objectives: acknowledgment of a grievous injustice, redress for the injustice, and closure of the grievances held by the group subjected to the injustice. Three types of injustices motivate a program of reparations for black Americans: slavery, the nearly century long Jim Crow regime following Reconstruction, and ongoing discrimination.”

Source: William Darity, Jr. Forty Acres and a Mule in the 21st Century. Social Science Quarterly, Volume 89, No. 3, September 2008.