What is the Black Church’s Role in Advancing African American Wealth? – Black Enterprise

Does the black church still have a major impact on economic, political, and social progressions of African Americans today?

“Professor Eddie Glaude Jr. wrote a piece a few years ago, asserting “the Black Church, as we’ve known it or imagined it, is dead.”

Some claim that the black church isn’t doing enough to assist with the economic, social, and political progress of the black community.

The Michigan Chronicle recently took a look at research reporting that well over $420 billion had been donated to the black church as of 2013—a figure which averages out to at least $12 billion–$13 billion per year.

simple tips

(Image: iStock.com/pixelheadphoto)

 

WHERE DID THE MONEY GO?

The question then turned into the whereabouts of the money donated and whether it had been spent to help progress the economic, social, and political stances of African Americans?

Leadership Network releases reports every year on the current trends in megachurches and other data on churches in general. They find that the largest 7% of churches contain nearly 50% of all churchgoers. Furthermore, they find that nearly 100% of church revenue comes in the form of donations and nearly 60% of said church revenue goes to staffing-related costs. Based on this data, it could be argued that the monies donated to churches in general, which includes the black church, are being used mainly to compensate the individuals who are directing, performing, and managing the church organization, rather than being spent to feed the poor as Proverbs 22:9 says.

SHOULD THE DONATIONS BE RE-DIRECTED DIRECTLY INTO BLACK COMMUNITIES?

Various bloggers and commentators have suggested that the $12 billion to $13 billion per year going to black church donations could have been reinvested to buy hundreds of thousands of dollars in black homes; send over 1 million black students to college, and feed literally every black homeless person for a number of years. This amount of reinvestment would also assist “Buying Black Expert” Maggie Anderson with her efforts to redirect black dollars into more productive measures in the black community; to assist with creating more black jobs.

SHOULD PORTIONS OF THE DONATIONS BE RE-DIRECTED DIRECTLY TO THE GOVERNMENT?

In addition, based on the Leadership Network data along with similar data, it has been argued throughout the years that churches should no longer benefit from 501(c)3 tax exemption status, as taxing the church revenues would bring nearly $20 billion or more into the federal government every year.

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ABSENCE DURING POLITICAL PROGRESSIONS

Others, including sympathizers of the Black Lives Matter (BLM) movement, also believe that the black church is not aiding “enough” in efforts for political and social progression. On the heels of major media cases of unarmed black men being killed by police, many in the BLM Movement believe that the black church’s presence hasn’t been displayed enough to help combat in the fight against police brutality. This is in comparison to the role of the black church during the civil rights movement, where its voice was heard loud and clear in the fight for progression, along with its temple used for networking and strategy sessions within the African American community.

All of these discussions and reports continue a debate revolving around the present-day impact of the black church and if the black church still truly matters in terms of the economic, social, and political advancement of African Americans?

Source: What is the Black Church’s Role in Advancing African American Wealth? – Black Enterprise

How One Million Black Families Lost 12 Million Acres Of Farm Land In America [Report]

It is a shock to many that about 1 million Black landowners in the South of America have lost 12 million acres of farmland in the last 100 years. Even as we write this, we are shocked beyond reactions as to how a system can frustrate a people over the span of a century, without any plan to let go.

The loss of farmland of Black landowners started around the 1950s and has lasted to date. According to reports from The Atlantic, the black families which have lost their farms were victims of a war that is waged by the “deed of title” system which is said to be promoted by white racism/supremacy and local white power.

In our bid to dig into history to find the causes for Black poverty, economic and social decline, we find that Black people in America have suffered social injustice so much that it will take hard work (unity and power) for Black communities to rival white communities and businesses which are fed with finances of white privilege in America.

Our findings show that 98% of black farm owners in America have been dispossessed of their land. This is a direct indication of the systemic prejudice, and racial injustice perpetrated against the people of African descent in America.

History holds it that the vegetative and arable farmlands in the South of America, especially those along the Mississippi River, was forcefully taken from Native Americans, by the first Europeans who came to America. These Europeans would later venture into the enslavement of Africans for the cultivation of those lands. The Africans would later become owners of some of those lands after the abolishment of slavery and their emancipation.

A report by the U.S Department of Agriculture says that from the year 1900 till 1910, that there were 25,000 black farm operators. This figure increased by 20% in the space of those ten years. The report from ‘The Atlantic’ which we draw our information from, states clearly that the research was carried out on black farmland in the Mississippi area. The lands in question were found to be 2.2 million acres as of 1910. This number was about 14% of the total lands owned by Black people in America.

How Black People Lost Their Lands – The Plots And Twits

What was later realized about how Black people lost their lands was that it was somewhat a well thought out plan, and it was well executed over a long span of years. Some others would say that it was a collection of racist events that drove the wheel of white supremacy in one direction. Through legal, violent, and coercive means, the farmlands which were legally owned by people of African descent in America were transferred to white people. They started the land grab and transfer by aggregating them into large holdings, then aggregated them again, before attracting the profit-seeking eyes of ‘Wall Street.‘

The operation started with New Deal agencies in 19937. These agencies were federal agencies with white administrators, who were exceptionally targeting Black people. They denied Black landowners’ loans, and in turn channeling the sharecropping jobs to white people majorly. These agencies were systematically made to be in charge of the prices, investors, and regulation of the agricultural economy in America. This led to the failure of small farms and gave way for the rise of huge industrial mega-farms, which were formerly large plantations. The mega-farms and their new owners were then given the power to dictate and influence the policies of the agricultural sector.

 

The Black landowners suffered numerous illegal pressures through USDA loan programs. The USDA loan was originally designed to give rural people in America, an opportunity to take loan with zero down payment. It also offers low-interest-rate on the down payments.

Instead of these loans to be given proportionately to Black and white farmers, it was not. More white people got loans thereby frustrating the Black landowners and caused an enormous wealth transfer just after the 1950s. In a space of 19 years, black farmers had lost about 6 million acres of land by 1969. The effects were catastrophic on Black wealth. This saw a failure of half a million Black-owned farms across America. The cotton farms that were owned by Black farmers were almost non-existent at that point.

‘The Atlantic’ puts the loss of black farmers in Mississippi, to be around 800,000 acres, amounting to $3.7 billion (in today’s dollars), between 1950 and 1964.

The Legal Push To Grab Black Lands

Read the full article below.

Source: How One Million Black Families Lost 12 Million Acres Of Farm Land In America [Report]

Breaking Barriers: Why Black-Owned Beauty Supply Stores Are Important And On The Rise

As the tides change, more African-Americans—both nationally and abroad—are getting into the haircare and beauty supply store industry, while also making sure that they are doing business with other Black beauty entrepreneurs in the process.“Koreans used to control the market, now they are selling the stores back to us because their kids do not want to take on the store,” says Sam Ennon, President and CEO of The Black Owned Beauty Supply Association . Over the past 15 years, the organization has helped open 450 Black-owned beauty supply stores across the country.

“The second and third generation (of Korean Americans) went to college and go into other professions,” Ennon added. “We’re very pleased with the future of the Black haircare industry where it’s going because more entrepreneurs, more young people are getting into the business,” Ennon shared recently with CNBC.  This new trend presents a unique, yet profitable, opportunity for the Black community and combats the continuous racial profiling many of us have experienced or witnessed shopping in most Asian-owned stores. Just this month, two black women were physically attacked by a store owner.

Despite being such a highly-visible staple in our community, there are still several unknowns within, and about, the industry. To answer some of the outstanding questions about breaking into the business, we reached out to several store owners who shared some of the gems they’ve learned on their entrepreneurial journeys in hopes of helping out the next generation of black beauty store bosses.  Keep reading below to hear what they had to say.

Source: Breaking Barriers: Why Black-Owned Beauty Supply Stores Are Important And On The Rise

The b[B]lack woman who launched the modern fight for reparations – The Washington Post

“Indeed, b[B]lack women have been at the center of the push for reparations for more than a century. Excluding them from the reparations debate blinds us to the multifaceted modern movement.”

“The reparations hearings in the House of Representatives last week turned contentious as experts such as writer Ta-Nehisi Coates traded barbs with politicians, including Senate Majority Leader Mitch McConnell. The bill at the heart of the hearings, H.R. 40, first introduced by Rep. John Conyers Jr. in 1989, would create a commission to study and develop proposals for reparations for descendants of slaves.While Conyers should be lauded for his original efforts to introduce this legislation, this month’s hearings would not be possible without Audley “Queen Mother” Moore, the founder of the modern reparations movement. Indeed, b[B]lack women have been at the center of the push for reparations for more than a century. Excluding them from the reparations debate blinds us to the multifaceted modern movement. It also runs the risk of omitting some of the most generative and inventive reparations proposals developed to date.The debate over reparations is not new.

Since the Civil War, b[B]lack Americans have been imploring the federal government to rectify years of racial terror and prejudice. Some followed Callie House, an ex-slave turned reparations organizer who formed the National Ex-Slave Mutual Relief, Bounty and Pension Association to mobilize freed men and women to lobby Congress for pensions and land in the late 1800s. Others called on the federal government to make good on Special Field Order No. 15, a short-lived Civil War-era law that redistributed confiscated Confederate land to former slaves in 40-acre plots. By the turn of the century, the phrase “40 acres and a mule” became a catchall term for reparations claims.”

Source: The black woman who launched the modern fight for reparations – The Washington Post

A National Forum: HR-40 and the Promise of Reparations for African Americans

Juneteenth National Forum: HR-40 and the Promise of Reparations for African Americans

Press Play: Live-stream will begin here at 1PM EST, Wednesday June 19, 2019Healing and Reconciliation: HR-40 and the Promise of Reparations for African AmericansWednesday, June 19, 2019 (Juneteenth), 10 AM the House Judiciary Committee’s Subcommittee on the Constitution will convene a hearing on HR 40.Following this historic hearing, the National African American Reparations Commission (NAARC) and the American Civil Liberties Union (ACLU) will hold a national forum, 1 PM at the Historical Metropolitan AME Church, 1518 M Street, NW, Washington, DC 20005. This event is free and open to the public. Doors Open at 12:30 PM. If you are not able to join us in Washington DC, join us here online during the livestream (above).Panelists and speakers to include Rev. Dr. William Lamar, Jeffery Robinson, Dr. Ron Daniels, Congresswoman Sheila Jackson Lee, Danny Glover, Professor Sir Hilary Beckles, Dr. Julianne Malveaux, Kamm Howard, Atty. Nkechi Taifa, Dr. Iva Carruthers, Nana Dr. Patricia Newton, Katrina Browne and others – See program

Source: A National Forum: HR-40 and the Promise of Reparations for African Americans

Africatown USA Trailer on Vimeo

 

A Slave Auction

“This amazing story tells the events of these men, women and children, who were kidnapped from their native land in West Africa, enslaved in Ouidah, a coastal town in the Kingdom of Dahomey, the current day coastal country of Benin, and brought to America on what is believed to be the last slave ship, the Clotilda. Through their resilience, they not only survived the horrific Middle Passage, but the American Civil War, the reconstruction of Alabama, and the Jim Crow period, but they also fought to preserve their African memories, culture, and community over the generations. “For out of the bowels of slave ships they rose, and their descendants are, in the powerful words of Langston Hughes: Still Here.”After the Emancipation Proclamation, the newly freed Africans tried, but failed to return to their beloved homeland Africa. The story describes the group reuniting from various plantations, alongside American-born, formerly enslaved men, women and children. The Africans bought land and founded their own settlement, which came to be known as Africatown.The Founders appointed tribal leaders and governed Africatown according to customary African laws, spoke their own regional language, kept their own customs, used African irrigation and gardening techniques, and built their own social structures. The people of Africatown formed their own self-sufficient world.Marine archaeologists and researchers from Search, Inc. have confirmed the location of the schooner Clotilda-the last known ship to bring enslaved Africans from Benin, West Africa into the Mobile Bay. The search team discovered the schooner in a remote area of Alabama’s Mobile River.”

 

 

Contract Buying Robbed Black Families In Chicago Of Billions | WBEZ

“The takeaway is that we have a history that so many Chicagoans are really not aware of that has really shaped the city and shaped the racial politics of the city. It shaped the economy of the city. In order to move forward and address issues that confront us in terms of poverty and racial discrimination, we have to have a common understanding of what happened in the past,” said Duke University’s Bruce Orenstein, the study’s project director who is doing a documentary series on Chicago’s housing segregation.That past has roots 100 years ago with white people not understanding that they created black ghettos, he said.”

Source: Contract Buying Robbed Black Families In Chicago Of Billions | WBEZ

We Have the Means to Fund Reparations. Where Is the Political Will?

. . . Between 1983 and 2016, the median net worth for Black Americans actually went down by 50 percent. Paired with a growing Latinx population that also lags far behind whites in household wealth, the U.S.’s overall median wealth trended downward over those decades, even as median white wealth increased.These trends go hand-in-hand with the rigging of the overall economy. Over the last 30 years, the wealthiest 20 percent of households have captured almost 97.4 percent of all increases in wealth, leaving only scraps for the rest.To repair these breaches — between Black and white, as well as between the rich and the rest — we must restore the wealth of communities that were literally used as a foundation of the nation’s wealth, while being prohibited from building their own.

As Ta-Nehisi Coates wrote in his groundbreaking case for reparations in The Atlantic, reparations are “the price we must pay to see ourselves squarely.”It won’t be an easy task. But it’s by no means insurmountable.”

Source: We Have the Means to Fund Reparations. Where Is the Political Will?

INCREASING PUBLIC POWER TO INCREASE COMPETITION: A FOUNDATION FOR AN INCLUSIVE ECONOMY

INCREASING PUBLIC POWER TO INCREASE COMPETITION:  A FOUNDATION FOR AN INCLUSIVE ECONOMY

ISSUE BRIEF BY WILLIAM DARITY JR., DARRICK HAMILTON, AND RAKEEN MABUD
MAY 2019

Executive Summary

The United States needs an economy grounded in justice and morality, where everyone, free of undue resource constraints, can prosper. To achieve this, citizens ought to have universal access to undeniable economic rights, such as the right to employment, medical and health care, high quality education, sound banking and financial services, or a meaningful endowment at birth (Paul, Darity, Hamilton 2018). Currently, our system provides these rights primarily through the “free market” by private providers, but these private companies often fail to meet the following criteria:

•   Quantity: Are goods adequately supplied?
•   Quality: Are the goods high quality?
•   Access: Do people have adequate access to these goods?

Because of the failure of America’s markets-first approach to policy, the federal government should intervene by introducing public options that provide these essential goods and services in direct competition with private firms. Doing so will set “floors” on wages and quality and “ceilings” on price for private actors who are intent on providing important economic rights at a cost. In employment, this might mean providing a federal jobs guarantee (FJG); in financial services, this could mean access to bank accounts and safe, nonpredatory loans. Throughout this issue brief, we explore what public options might look like in employment, health, housing, education, and financial services. We argue that in these sectors, public options are necessary to combat high-cost, low-quality provision by private actors and ensure universal and better quality access to all Americans.

Full Report here.   https://rooseveltinstitute.org/wp-content/uploads/2019/04/RI_Increasing-Public-Power-to-Increase-Competition-brief-201905.pdf

CREATIVE COMMONS COPYRIGHT 2019 | ROOSEVELTINSTITUTE.ORG

The report features the work of OUR COMMON GROUND Voices, Drs. William “Sandy” Darity and Darrick Hamilton

Darity Hamilton

Ten Solutions to Bridge the Racial Wealth Divide – Inequality.org

The deep and persistent racial wealth divide will not close without bold, structural reform.  It has been created and held in place by public policies that have evolved with time including slavery, Jim Crow, red lining, mass incarceration, among many others. The racial wealth divide is greater today than it was nearly four decades ago and trends point to its continued widening.

Source: Ten Solutions to Bridge the Racial Wealth Divide – Inequality.org