Have you ever set and ask yourself, “why black people don’t own anything?” Now, I’m sure there’s many people reading and immediately saying, “black people do own things” and “we have a lot of black successful entrepreneurs”, which is true indeed; however, there aren’t many black owners and the black owners we have aren’t supported by other black people the way that they should. Instead of supporting our own, many of us choose to shop within other ethnicities.
Another reason why there aren’t many black owners is due to pride and the competition mindset that already black owners have. Instead of black owners reaching out to others or even the black communities, there’s a shortage of black owners in America but why? Why is it only a handful of successful entrepreneurs is the question?
John The Author has educated us on what I’m sure many us weren’t aware of. “In 1866, just one out of chattel slavery, black people owned less 1% of all the wealth in America. Now the year 2015 and we still own less than 1% of all the wealth in America.” Wow. That’s really something to think about.
MOOR Insight TV took to the streets to find out from the people just why our people don’t own anything.
Check out MOOR Insight TV: Why Black People Don’t Own Anything?: