Published in Sep 2017

The Problem with Black Economics

In conclusion, however far the Equanomics definition can remedy the troubles with Black economics, as Garvey outlined, the attitudes and behaviours of Black people are part of the problem. Let’s first overcome at community and personal level for a Black economy to flourish. Categorically, greater financial education across the community is imperative, and fortunately is growing. Increasingly Black community projects, even our own platform, are offering financial skills training. Black people, remember – wealth cannot be distributed if it does not exist. Wealth is unlikely to be retained by those who do not understand how to conceptualise it, let alone manage it (Ekanem, 2012).

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By Vistra Harvey