Tag: Black economic empowerment
Reacting to the most recent wave of shootings of Black men by police officers, thousands of African-American consumers across America are directing their dollars by opening checking and savings accounts in Black-owned banks. A grassroots effort being called a “Spend Movement” found the nation’s Black banks receiving calls and on-line requests to open accounts.
Much hullabaloo has been made recently about slavery as entertainment in movies like “Django Unchained.” But lost in the discussion is slavery as history. Though sadistic and macabre, the plain truth is that slavery was an unprecedented economic juggernaut whose impact is still lived by each of us daily. Here’s my top-10 list of things everyone should know about the economic roots of slavery.