listen, I know the majority of us are out of school but its perfectly fine to take a class on capitalism (racial theory 101 even) to learn how these systems work. fuck it go to a library and cop a book . you are looking to the Black bourgeoise to save you from poverty and idk where you been for the past idk 100 years but thats never going to happen. Dubious and his talented tenth theory, well to do Black men will one day lift the Black poor out of poverty and teach them how to maneuver in society, was a wild ass idea then and still is now.
Did obama change your socioeconomic status in society? how about Jayz? fuck it did any Black person in your family that had a degree and a top paying job, increase the generational wealth of your family overall?
matter of fact, this might be a class on sociology because rarely, if ever, do families change social statuses. its very hard to do so. LOOK IT UP.
capitalism works that only a few are at the top (1%)
and the rest are at the bottom.
we are too caught up in trying to adopt the very systems that are keeping us downtrodden, sick, depressed, missing, imprisoned and ultimately discarded. how r we are going to uplift one another out of poverty via capitalism when capitalism is the reason so many of us are impoverished?
how many Black ppl are in this country and you think more Black millionaires and billionaires are going to increase the generational wealth for all of us? even after seeing the moves of a nigga with mad money? *cough* jayz *cough* but lets say you had 100 Black billionaires in society....you think their wealth will somehow trickle down to you? capitalism does not work like that my friend. the trickle down theory was proposed by the infamous crack dealer ronald reagan in the 80s and it has been proven since then
that the wealth of the uber rich does not trickle down to improve the economy, but it instead tends to be amassed and sheltered in tax havens
In all reality, until niggas wake tf up and start realizing how america is desgined and ran and stop thinking that an anti-Black country is going to assist in them accumulating high amounts of wealth, yall are going to be spinning your wheels in this thread all fucking day.
whats really bothering me is you can live in society, see the copious amounts of bullshit working class Black ppl are met with day in and day out and still think the rich are going to one day save you.
again, billionaires only exist thru exploitation. in order to hoard that amount of wealth someone has to be getting fucked over.
so this post just reads to me that you wish you and your family were next in line to do the fucking
This sounds mad irresponsible.why are you niggas so concerned with passing down wealth anyways? you cant even pass down concrete ideas, or shape a sound moral compass for your family to follow, but money is the go to?
a whole bunch of niggas with mad wealth and shitty ass ideas, 0 introspection, no moral high ground, and 0 empathy sounds like a grand ol time...
You can put your foot in those at the bottom, I just don't want black people being that bottom.I get all that and my point is no one.....
Not one person in this country will ever settle for mediocrity if they don't have to.
And it's natural to want to have something to pass down to our children.
If you grew up poor, you're going to want better for your children.
Those things will create drive in people. Create purpose and passion. They want to acquire things and provide for their family.
That's natural. If you have an issue with people wanting to do well and acquire any kind of wealth .. Then I honestly don't see a point in continuing the discussion.
Now if you can acknowledge that there's nothing wrong with wanting to be financially secure and to make as much as you potentially can.... We have to then consider those who surpass just security and begin to adopt those capitalistic ways you describe....
My whole point is where is the line.
Taking classes in capitalism what not, that's cool. But you got a lot of black folk starting and running businesses. A lot of folk looking to take their family to the next level. I personally don't see anything wrong with that..... But again.... We have to constantly examine ourselves...
Cuz while I may not be the next person in line to be a Jay one day....I will look out for my family first regardless...
And if a lot of money is in my future, I don't it's ignorant to ask how does a black person with money navigate thru society without adapting to these systems?
like what would you do? If your area of expertise paid you some serious money that could make an impact. How would you invest and grow your money without putting a foot on those on the bottom....
like I know you say you don't come in here to teach niggaz... But fuck that...
i want answers... Cuz it sounds to me if you wanna get money, you gonna have to step on some toes to keep it grow it....
tell me that ain't it
She has a good point tho.This sounds mad irresponsible.
Why wouldn't any one want something to pass down to the next generation.
So we should just accept that we ain't shit. Jump off a bridge and not try to leave anything for the ones behind us??
How does that make anyone better. I want my children to be better than me.... Am not equipped for that to happen by consequence of my experience??
But if you bussing your ass to the best of your ability to provide and do right by your children, can you not see how that is spitting in the face of that effort?She has a good point tho.
Money is nothing without a plan for your family.
How many dudes really have plans for their family? No diss to anyone personally or economically.
Like how the child will be raised, 529s, trusts, wills, life insurance, don't disrespect women, etc.
I see her point.
Kinda lost me on the first paragraph.But if you bussing your ass to the best of your ability to provide and do right by your children, can you not see how that is spitting in the face of that effort?
I just don't have a defeated attitude. I believe my presence in my children's life is a major plus
Which is weird, cuz I'm normally a pessimist.
My first personal step is build within the family unit, open discussions of thoughts and feelings and the understanding that we are only as strong as we make each other. We take care of the elders and babies and push and support the school to working range group. Money and an understanding of it has to be taught too. Life insurance which I have will be passed down to help establish wealth. Also a sense of working for achievements and goals will lead rather than entitlement.and what are those?
those people who received watches bought VIP tickets, so i'm guessing that whatever they contributed was probably MORE than the 40k those watches cost.