An economic system is the way a nation allocates its resources. Economic systems are a way people use resources build their communities up. Moreover, they are a way individuals in those communities build wealth that allows them to trade and with other nations.
In the mid-1960’s the economic system of the Black community was changed by White Supremacists to keep it from providing resources to African-Americans and to prevent African-Americans from building wealth. Understanding that America was two worlds, one Black and One white, they realized that there were also two separate economic systems, one Black and one White. And they didn’t want the Black economic system competing with the White Supremacist American economic system. So in true capitalist nature, these racists made plans to eliminate the competition.
Before integration in the mid 1960’s African-Americans had their own economic system. This system consisted of Black-owned businesses such as barbershops, blacksmiths, movie theaters, banks, insurance companies, hospitals, doctors, lawyers and, hotels. The money spent by African-Americans with African-American businesses kept money in the Black community. These resources allowed Black people to build up their own communities and the building of Black-owned wealth.
The first thing White Supremacists did to destroy the Black economy was to promote integration. While many African-Americans saw shopping at White owned businesses as a victory in the mid 1960’s they didn’t understand the long-term damage done to the African-American community from doing business with those White institutions. Every dollar spent at White-owned businesses took money out of the African-American community.
Worse, it took wealth away from African-American owned businesses. As African-Americans rushed to buy serge suits from Barneys and sit at Woolworth counters, and work at White-owned businesses, financial, physical and human resources were drained out of the Black community.
Second, they removed the Black male from his natural role as leader. Before the mid-1960’s the Black community was a patriarchy. Patriarchies are paramount to maintaining an economic system that builds wealth. Males are usually focused on building businesses and creating wealth. And as long as good, educated functioning Black Men were available in the Black community there remained an opportunity for businesses to be built and wealth to be created. So White Supremacists used a two-pronged assault to remove the Black Man from his leadership role and establish a new leader over the Black economy.
The first was to disproportionately draft Black Males and send them to fight the war in Vietnam. By sending so many good educated Black men to war, many of the Black community’s best and brightest men were killed off in the Vietnamese jungle. Worse, thanks to these racist and discriminatory drafts, the only Black men remaining in the community were pimps, preachers, ex-cons, drug addicts, number runners, the illiterate, and other dysfunctional males. Most were unfit for leadership roles.
Economically, all had no interest in building wealth or maintaining the infrastructure of the Black economy. Since these men were on the fringe, they made most of their money by exploiting the poorest and most gullible people in their communities.
So when these men rose to leadership roles they were ineffective. Most pandered to the women of the community.
The second part was to promote government programs as a source of income in the Black community. Before the mid 1960’s Welfare and other government services weren’t available to Black families. Because the Black Males’ income was constantly unstable due to racism and discrimination he faced in the workplace, Many Black women desired a more stable form of income. And government programs offered most Black women an opportunity to have a steady stable stream of income.
As Black women took handouts from government programs like Welfare, Section 8, Food Stamps, WIC, and college financial aid they were told by the government that they couldn’t have the Black father in the home. Eager to receive that stable stream of income than the Black man’s employment provided, Black women began throwing their men out of their homes. Worse, they began to listen to White Feminists who told them they didn’t need a man. Imbibing the propaganda of White Feminism many Black women began to believe they could do things on their own, they were strong and independent as they were becoming co-dependent on the government.
As many Black women became more miseducated, White Supremacists in corporate America began offering brainwashed Black women employment in White-owned businesses. As these working Black women and the women who joined the Welfare rolls became heads of households they became the de facto leaders of the Black community. Because these Black women were given a stable income by White Supremacists they controlled the money in the Black community. And by gaining control over the financial resources of the Black community Black women gained control over the Black economic system.
With the Black woman established as the leader of the household totally changed the economic system of the Black community from a Patriarchy to a Matriarchy.
As I stated before, the goals of a patriarchy focus primarily is on building businesses that produce wealth. The goals of these businesses are to create products and services that can be sold and traded to others to buy resources and build greater wealth for those business owners.
However, the primary focus of the Black Matriarchy is consumer related. Because the roots of the Matriarchy are in the home and caring for the home and children, the leaders in that economic system are dedicated to consuming goods and services produced by outside manufacturers.
In a patriarchal economic system money and resources flow from other economic systems to the manufacturers and businesspeople into that economic system. Those profits brought in from those economic systems are used to hire workers and expand the business into other markets. Moreover, it is used to build wealth in that economic system.
However, in a Matriarchal economic system money goes out of the economic system. When female consumers spend most of their money with outside businesses, their money is taken outside of the Black community. It is used to hire new workers outside of the Black community. Moreover, it builds wealth outside of the Black community for outsiders.
This is why the Black community has gotten poorer over the past 40 years while the economic systems of Whites, Hispanics and Asians and just about everyone else have expanded.
If one examines the Black Matriarchy, the primary focus is using its spending power to take resources from the Black community and using it to buy consumer goods and services. It is an economy designed to serve the interests of White Supremacists and keep African-Americans oppressed economically by denying them an opportunity for economic equality and the ability to compete in the national and international marketplace.
By taking the purchasing power out of the Black man’s hand and giving it to the brainwashed Black woman, White Supremacists knew they could destroy the infrastructure of the African-American economic system. Moreover, they were guaranteed to receive 98 percent return of Black resources into their economic systems.
With the control of the Black dollar placed in the Black woman’s hands, the Black economic system has all but collapsed. As she takes her wages from White Supremacist jobs or government public assistance and buys groceries from Latinos, weaves made of Indian hair, gets her nails done at Korean nail salons, and buys designer clothes from White designers, her community crumbles because there is no money or resources invested in it.
And as she teaches her children to be consumers like she is they learn to spend first and save last. As they take their money and buy expensive jeans, Nike sneakers and other consumer goods instead of investing in education and thrift, they wind up adopting a mindset that keeps them stranded in poverty.
Even if her children do get some sort of entrepreneurial mindset they’re corrupted by consumerism. So when they do start businesses they invest money in things that have no long-term value in the Black community or things that can produce wealth. Businesses like entertainment, publishing, food service, Hair care and other service-based businesses are designed to consume resources and not produce anything tangible that builds value over time. They do not allow an entrepreneur to hire new employees. They do not improve the quality of life in the Black community. In most cases these businesses cost more money to run than they actually take in!
So there is no wealth currently being built in the African-American community. As stated before 98 percent of Black dollars go out of the Black community into non-Black hands.
And the two percent that remains in the Black community goes into the coffers of Black Churches who do nothing to help improve the quality of life for the Black community. Most of the money preachers get in tithes and offerings are also spent on buying expensive consumer goods.
With most of the money going into non-Black businesses there is no wealth in the Black community. And without wealth, there is no money to invest in resources or to use to influence political power. It is the political power and influence of wealthy business owners that leads to tax dollars being directed towards buying and maintaining resources such as roads, schools, libraries, and maintaining the infrastructure of a community.
With a well-maintained infrastructure, a standard of living is established for citizens. This standard of living means that the quality of life for people can be improved upon. It is how schools get new textbooks and afterschool programs, traffic lights stay on and streets stay clean. It is how law enforcement keeps crime down so streets remain safe enough for investors to build and develop new businesses in areas and create jobs that add more wealth to a community.
Today, none of these resources are being spent in the Black community. None of that money remains in the Black community to maintain the Black community and improve its quality of life and Build wealth for African-Americans like it does for Whites, Hispanics, and Asians.
In fact the quality of life in the Black community has declined over the last 40 years.
The Black community is the only Matriarchy in the world. It is an economic system designed by White Supremacists to destroy African-Americans from within by using the Black Woman’s own consumer mindset against her. Out of all the economic systems in the world it is the only economy that contracts with each passing year instead of expanding. It is the only one where more money leaves the community instead than remains in it. It is an economic system designed to keep people stranded in poverty until they die.
Until Black women understand how to spend money and what to spend it on they will never achieve economic independence like their ancestors achieved in some cases. The consumer mindset of a Matriarchal economic system only produces poverty, pain, and problems that get worse with each passing generation.
Black women need to understand that Producers create profits. Consumers create debt.