The Myth of Black Capitalism - Hutchinson, Earl Ofari
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"In his 1970 book The Myth of Black Capitalism, Earl Ofari Hutchinson laid out a rigorous challenge to the presumption that capitalism, in any shape or form, has the potential to rectify the stark injustices endured by Black people in America. Ofari engaged in a diligent historical review of the participation of African Americans in commercial activity in this capitalist country, demonstrating conclusively that the creation of a class of Black capitalists failed to ameliorate the extreme inequity faced by African Americans. Even "Buy Black" campaigns which aimed to "keep resources in the…mehr

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Produktbeschreibung
"In his 1970 book The Myth of Black Capitalism, Earl Ofari Hutchinson laid out a rigorous challenge to the presumption that capitalism, in any shape or form, has the potential to rectify the stark injustices endured by Black people in America. Ofari engaged in a diligent historical review of the participation of African Americans in commercial activity in this capitalist country, demonstrating conclusively that the creation of a class of Black capitalists failed to ameliorate the extreme inequity faced by African Americans. Even "Buy Black" campaigns which aimed to "keep resources in the community," he showed, reinforced a Black bourgeoisie which often enough exploited the Black underclass to increase their own wealth. Whether Black capitalists dared to go up against, or merely tried to find their place amongst, giant monopoly corporations, Ofari argued they would make little substantive progress in the lives of Black people. And whether calls for "Black capitalism" came from within the Black Power movement for Black economic autonomy, or were appropriated by the old-line Black elite, in the end the promotion of the myth of "black capitalism" was a project of the Black elite which solely served the interests of the capitalist managerial class"--
Autorenporträt
Earl Ofari Hutchinson has been a lifelong fighter in the movement for Black Lives. When Earl Ofari wrote The Myth of Black Capitalism, he was just twenty-three, married, and held a degree in psychology from California State College in L.A., where he was active in the Student Nonviolent Coordinating Committee and instrumental in setting up one of North America's first Black student unions. At the time, he had been already published in such publications as The Guardian and Los Angeles Free Press, and had crafted pamphlets for the Radical Education Project. Since then he has written extensively on race and politics for the Los Angeles Times, Newsday, The Washington Post, The Christian Science Monitor, Chicago Tribune, and The Baltimore Sun and become a nationally acclaimed author and social issues commentator. Today Hutchinson hosts the live call-in program The Hutchinson Report on Pacifica Radio.