The Democratic party nor the Republican party are the root cause of what
has hindered the black community. The political system is comprised of a left wing and a right wing attached to one stinking bird.
The civil rights movement itself focused way too much on "extending an olive branch" as opposed to focusing on self reliance through economic empowerment by creating business opportunities and recirculating black capital within black communities.
It is a travesty that less than 1% of the businesses in predominately black communities are owned by blacks.
This a capitalist society, and without "capital", a community will remain powerless until it empowers itself.
Excellent points. In some ways, it seems that 'integration' (in the business sense) led to the downfall of many 'Black owned businesses'. A lot of times people want what they can't or couldn't have. Sometimes some of those 'Black owned businesses' took advantage of segregation and price gouged the very same people in their community.
Yes there was in fact a downside of black business ownership during segregation, however, pricing structures in the privately/family owned sector are always less competitive compared to those in the mass merchant channel.
Some of the highest pricing that I have ever seen has been in places like Chinatown, and Little Saigon in parts of Los Angeles. But the trade off is that these businesses are owned by Asians, and they support each other.
When new immigrants arrive, they are put to work in a network of family and friends, and supported while they build capital to start yet another business in their community.
I can recall my Grandfather being angry when he talked about the bus boycott in the south.
Over and over, he used to say, "our southern black brothers would rather sell out just to ride the bus with whites that hate them instead of walking for awhile and starting their own bus company. There is no honor in groveling".
If you look at cities like Tulsa (Black Wall Street) one can see how 'Black businesses' excelled. Fortunately today, depending on the business or service, one CAN start their own business without a lot of capital.