Marc Lamont Hill doesn’t like the concept of “black excellence” because he thinks black billionaires shouldn’t exist

[lib123]

The conversation is deeper than the caption reads. I don't disagree with Marc Lamont Hill (for a change). We measure black excellence based on money and fame when the greatest black men in America like MLK, Malcolm X, etc were not wealthy people and may not be considered High Value Men based on our communty's standards and expectations.

Kanye is one of the richest black American's ever but is he black excellence? Yes he and a lot of black streamers have wealth and fame and even influence but at the same time what about dignity?

Yeah and also a lot of these black celebrity “billionaires” aren’t really billionaires. Aside from Tyler Perry who actually controls his infrastructure, they apply inflated valuations on partnerships that can end overnight (eg Kanye) if they step out of line. Also the dominant society uses them to promote the “illusion of inclusion”.

 

[Doobie Doo]

nobody does until they earn alot of money are told to give it all away as if they didn't earn it.

This is doubly disrespectful for black billionaires because they all started with nothing. At least with the white ones you can argue that they are only that rich because they were born with wealthy parents and given a head start most people wouldn't have

I do not agree with black billionaires giving away all their money but at the same time most black billionaires are not self made. They too benefitted from tapping in to the same network that made the 2nd group of people you mention rich and wealthy.

Of course I acknowledge they had to be etremely talented in another field to gett into that network.

 

[Shysty]

This episode was a fire episode…mark telling the story of how he found out he had a daughter he didnt know about

 

[fscballin]

MLH is against capitalism but thecoli is pro capitalism when it benefits blacks

 

[☑︎#VoteDemocrat]

Spoiler: Don’t be a loser

billionaires shouldn't exist period. Tax anything over 1 billion at 100%. Da fukk do you need so much money for?

They shouldn’t. Billionaire presuppose the exploitation of masses of people.

The overwhelming majority of black capitalists exploit their own people.

The conversation is deeper than the caption reads. I don't disagree with Marc Lamont Hill (for a change). We measure black excellence based on money and fame when the greatest black men in America like MLK, Malcolm X, etc were not wealthy people and may not be considered High Value Men based on our communty's standards and expectations.

Kanye is one of the richest black American's ever but is he black excellence? Yes he and a lot of black streamers have wealth and fame and even influence but at the same time what about dignity?

This argument again.
There is no right or wrong answer. And it's basically mental masturbation anyway.

Capitalism is going nowhere in this country so to survive you have to learn how to navigate it as best you can.

People with that kind of money have bought the politicians.

fukk me he might have a point…. Just cause you wealthy doesn’t mean you are down for the cause and should be idolized.

It’s not just a black problem it’s an American problem. Look at that cocksucker Trump. He is stupid as shyt and a horrible human being but white people him because he is wealthy. He’s been elected twice and he is subpar at most things.

I think you are missing the point.

I didn’t have a problem with what he said

nobody does until they earn alot of money are told to give it all away as if they didn't earn it.

This is doubly disrespectful for black billionaires because they all started with nothing. At least with the white ones you can argue that they are only that rich because they were born with wealthy parents and given a head start most people wouldn't have

Billionaires are the result of extreme levels of exploitation. Lebron himself might not directly have dirt on him but in order for Nike to even give him that 30M a year they gotta exploit cheap labor and then extort $200 from the customer for a shoe that cost $10.

This is a misleading title. They were speaking about how the concept of black excellence is used as a tool to keep the black community asleep. We focus more on celebrating the individual that made it out of the hood instead of focusing on group economics that could raise more people out of poverty together. The billionaire aspect of it came from an example of do we celebrate a black billionaire if he made his money from the industrial prison industry.

I don’t support exploitation but I do think the way your make your money matters. Entertainment is one thing… Industry and finance is another.

We need more black billionaires. Think of all of the media and propaganda efforts funded against us by nonprofits and think tanks and other charitable efforts with agenda driven motives?

Why are we expected to forfeit any sort of economic leverage with some generic notion of having to look out for everyone primarily?

 

[Diondon]

I don't where or when the standard of black excellence became being the most wealthy
Success which is relative, particularly in-spite of roadblocks
Escaping generational poverty is black excellence
Becoming a doctor raised in a family of struggle is black excellence
Winning the gold medal at the Olympics is black excellence

 

[StackorStarve]

I don’t support exploitation but I do think the way your make your money matters. Entertainment is one thing… Industry and finance is another.

We need more black billionaires. Think of all of the media and propaganda efforts funded against us by nonprofits and think tanks and other charitable efforts with agenda driven motives?

Why are we expected to forfeit any sort of economic leverage with some generic notion of having to look out for everyone primarily?

Why are you spoiling my comment. The conversation was never solely about whether there should or shouldn’t be black billionaires. It was acknowledging that we should support black excellence but we shouldn’t let the media use those individuals to lull us (the black community) to sleep. Just because we have more black millionaires and billionaires than we’ve had in the past doesn’t mean that as a group we’re collectively doing any better than we have before. It’s a better discussion to have than whether or not you believe in capitalism.

 

[Gloxina]

We as a ppl need to stop venerating entertainers and wealth.

Talking about entertainers. Did they mention the Black ppl who gained their billions through ownership, like Byron Allen and the couple who owned BET?

Any talk of the African Americans who made their riches in engineering and tech?

Our brothers and sisters on the continent who made their wealth in business, oil, etc?


In a capitalist world we need Black ppl who can dominate in their fields and become captains of industry -and that should be celebrated- however, we don’t need to pedestalize them.

Previous generations understood this.

Wealthy entertainers aren’t going to single-handedly save the community.

 

[Gloxina]

I don't where or when the standard of black excellence became being the most wealthy
Success which is relative, particularly in-spite of roadblocks
Escaping generational poverty is black excellence
Becoming a doctor raised in a family of struggle is black excellence
Winning the gold medal at the Olympics is black excellence

Exactly

 

[☑︎#VoteDemocrat]

Why are you spoiling my comment.

I responded to like 10 people at once.

The conversation was never solely about whether there should or shouldn’t be black billionaires. It was acknowledging that we should support black excellence but we shouldn’t let the media use those individuals to lull us (the black community) to sleep.

I think the real issue this arises with is when people make their money in entertainment with unscrupulous content and selling vice…

Just because we have more black millionaires and billionaires than we’ve had in the past doesn’t mean that as a group we’re collectively not doing any better than we have before. It’s a better discussion to have than whether or not you believe in capitalism.

Marc seems to have a problem with money.

 

[cheek100]

I don’t support exploitation but I do think the way your make your money matters. Entertainment is one thing… Industry and finance is another.

We need more black billionaires. Think of all of the media and propaganda efforts funded against us by nonprofits and think tanks and other charitable efforts with agenda driven motives?

Why are we expected to forfeit any sort of economic leverage with some generic notion of having to look out for everyone primarily?

Look at Big Nap coming around
Bout time for that name pivot anyday now. U see how disgraceful the party has become let the children play inside and live in fear.
WE NEED MORE BLACK BILLIONAIRES!

 

[☑︎#VoteDemocrat]

Look at Big Nap coming around
Bout time for that name pivot anyday now. U see how disgraceful the party has become let the children play inside and live in fear.
WE NEED MORE BLACK BILLIONAIRES!

I support the notion of the Black Elite.

I’m not with all this abolition of hierarchy and structure when the opps clearly have that and much more in place and in motion. Why do we have to disarm when they run wild?

 

[cheek100]

I support the notion of the Black Elite.

I’m not with all this abolition of hierarchy and structure when the opps clearly have that and much more in place and in motion. Why do we have to disarm when they run wild?

I agree to a certain extent and we could go on for days. The black dollar should be treated with the upmost respect. There’s a lot of responsibility on said black billionaire to reach back and open some doors. The Boule should be in favor of that but they’ve proved to be in opposition.

 

[StackorStarve]

I responded to like 10 people at once.

I think the real issue this arises with is when people make their money in entertainment with unscrupulous content and selling vice…

Marc seems to have a problem with money.

True. I think he’s like a Bernie Sanders. I don’t think it’s anti-capitalist to acknowledge there’s a problem with a tiny fraction of the population holding an overwhelming amount of money in the world. Especially if the have nots are literally dying in the streets. It’d be okay if the have nots were still able to buy a house and support a family. We don’t all need yachts. The system should be restructured.

 

[Nigerianwonder]

Folks only have a problem with black billionaires when black folks started becoming billionaires. It was all good when white folks were the only ones with money. Now that modern black athletes and business owners are crossing that threshold capitalism is all of a sudden a problem. This is crab in a barrel thinking. Capitalism is going nowhere.

But he is conflating black excellence with celebrity worship. Celeb worship is definitely a problem and for a lot of people they think that is the end all be all for black excellence but I don't think most people see it that way.