Sunday, November 7, 2021

Did Integration Help Or Hurt The Black Community?

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Did Integration Help Or Marginalize The Black Community?
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By Kamau Austin

All moves people make in history have both an upside and downside. The fight for integration had an upside in that white people couldn't limit where Blacks could walk, go to the bathroom, rent a hotel, get a better job, go to a better school etc. People couldn't tell you outright that you could only go certain places.

Also for instance before integration we didn't have 7 or 8 Black billionaires and about 140,000 businesses with over a million dollars in annual income. Before integration we didn't have 42% to 46% of Blacks in the middle and upper middle class.

Before integration we didn't have 18% of Blacks with college degrees or almost 1 million Black families with a net worth over a million dollars. Even though we had neighborhoods like Rosewood, Greenwood AKA Black Wall Street, and other upscale cities during Jim Crow we have made a lot of strides in income (income and wealth is 2 different things) after integration.

Before integration we didn't have 2.6 million Black businesses and Black women being the most educated demographic in the whole country. I could go on and on with stats on good things that happened with integration.  However what was the downside to integration?
 
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However, integration had a really bad downside as well.  Blacks lost a sense of cohesive community.  We also continuingly and disproportionately suffer from horrific de facto systemic police brutality.

Blacks where drawn away from supporting their own institutions like Black sports leagues, Black colleges, Black churches, and Black civic organizations. Blacks weren't really given a fair chance to start businesses and we aren't recycling dollars much in our communities to hire our own people.

So now much of Black finance and resources is being sucked out of our community like a sponge. We pay money for food, our mortgages, cars, college education almost all our income to people not from our community or ethnic group. So now we have a situation where the Brookins Institute is projecting by 2043 or so the average Black family will have a net worth of zero (0).

All this sucking of money out the Black community goes on while we get less than 3% of venture capital or business financing, less than 3% of federal contracts, affluent Black communities like Greenwood AKA Black Wall Street, were burned to the ground or marginalized by urbanization, our real estate is devalued on average by $43,000 less than comparable white real estate (equating collectively to us losing a $153 billion dollars shortfall reported by the Brookins Institute).  We also never received reparations, a fair usage of the GI Bill for Black veterans, and definitely the goal of giving Blacks "40 Acres And A Mule was discarded after slavery.

It looks like a Black median wealth of zero (0) will be our reality because of past and present economic disparities if we don't prioritize recycling and investing dollars in our own communities as a springboard to fight the persistent economic apartheid in America. What are we gonna do about it?
 
Writer's Bio:  Writer Kamau Austin, is the award winning Publisher of the Black News Scoop and Scoop Publications, a division of AMS Digital Media.  He is a long time activist, entrepreneur, and author.  Austin has been featured in Black Enterprise, Fortune Magazine Small Business, CNN, radio, cable, and countless newspapers and blog sites. 


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3 comments:

  1. Kamau Austin's article, "Did Integration Help Or Hurt The Black Community," is very thought provoking and very informative. This timely and well-researched essay about the status of the U. S. A. Black economy is a must read and share;especially for generations to come.

    ReplyDelete
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    1. Dr. Charles L. Singleton, November 7, 2021 at 3:00 PM

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