Of course, it takes more than money to win elections. In fact, in both the 2012 and 2016 presidential elections, the candidates who spent the most money lost.
But overwhelmingly, the policy preferences of the very wealthy consistently prevail over the preferences of middle-class and poor voters.
In the U.S., land ownership holds great significance in social, cultural, political and economic affairs. It is an indicator of power and influence in our country. According to a report done by the U.S. Department of Agriculture, the five largest white land owners in America together own more rural land than all of black America combined.
Without control over land, communities of color have little choice than to disproportionately depend on those the do.
Blacks and Latinos have levels of net worth that are only 1/10 of those held by white Americans. Fewer of their assets are in the form of business assets.
"All business is an exchange of products, goods, and services for some type of fair compensation (usually currency). And so…we cannot buy Black, we cannot thrive Black, we cannot build wealth Black [or any nationality…] if we are not creating enough products, goods and services…”
DON'T MISS THE 'For The Culture: Securing the Bag, the Business, & the Legacy' WORKSHOP SERIES. If we don’t learn how money works, we’ll spend the rest of our lives just working for it.
Meetups will occur monthly. The first event will take place Saturday, January 12th at 2pm in Inglewood, CA. Visit https://www.meetup.com/FOR-THE-CULTURE-Securing-the-Bag-The-Business-The-Legacy/ to join our group and receive reminders and ongoing updates.