The fact Killer Mike's rules of how Black America can save itself is actually controversial speaks volumes.

[O.Red]

You one of those "work harder, pull yourself up by the bootstraps" brothas.

I'm one of those "fight racism, but understand that you're only gonna get so far with this dirty ass house" brothas

I also loathe lip service socialists that don't mean half the shyt they say. The same nikkas that lean on socialist utopian ideas because they've given up and have resorted to pitching a worldview they would eschew if they woke up a billionaire tomorrow

Even funnier is the ones that used capitalism to shill socialism, like FD Signifier and the like

 

[2 Up 2 Down]

I'm one of those "fight racism, but understand that you're only gonna get so far with this dirty ass house" brothas

I also loathe lip service socialists that don't mean half the shyt they say. The same nikkas that lean on socialist utopian ideas because they've given up and have resorted to pitching a worldview they would eschew if they woke up a billionaire tomorrow

As it currently stands black folks, as a whole, can't compete on an even playing field under our current capitalist structure. That is something that many black activists like MLK jr (later in life), Paul Robeson, Fred Hampton, and Malcolm X came to realize.
Is socialism perfect? No and but we've seen socialism implemented into different aspects of society that have been needed and beneficial to everyone. To fix things now, they'll have to add in more socialism.
The middle class is getting more narrow and the wealth gap is widening for all citizens. Personally, I think it's very idealistic thinking that black folks can somehow weave through the ever increasing class and racial wealth gap in our current economic state of affairs to reach this black capitalistic utopia.

I completely agree with prioritizing education and having financial literacy but ingrained systemic racism (not just white folks, some black folks too) is what will limit a lot of us from upward mobility.

 

[ViShawn]

Having stable families and nested communities will ensure our success further. I see his point. Many of my family members lives have been derailed simply due to having kids out of wedlock and not aligning their skillsets to something that can earn them money.

 

[Apollo Creed]

“Community”
“Family”

You stupid nikkas still dont get it

 

[CopiousX]

none of that will close the wealth gap.

https://www.thecoli.com/threads/education-alone-cant-solve-americas-racial-wealth-gap.325304/

https://www.thecoli.com/threads/the-wealth-gap-for-every-100-in-white-wealth-blacks-hold-5-07-also-water-is-wet.571903/

Investigating the U.S. Racial Wealth Gap

https://archive.vn/CyrRv https://www.rand.org/education-and-labor/projects/racial-wealth-gap.html? The gap in wealth between Black and white Americans is a product of historical realities that continue to shape economic outcomes. Policy interventions to address current wealth disparities must...

www.thecoli.com

The Racial Wealth Gap

Looked for a thread on this and saw several so.... https://www.thecoli.com/threads/why-the-racial-wealth-gap-wont-go-away-cnn.395352/ https://www.thecoli.com/threads/education-alone-can%E2%80%99t-solve-america%E2%80%99s-racial-wealth-gap.325304/...

www.thecoli.com

I think it will solve it in two or three generations.

After all, most of the wealth gap is housing due to gi-bill discrimination. And our stats are also needlessly diluted by single parents. So marriage, plus skills , plus investment in property will fix the issue.

You just need the first generation to do the hard work to set the second and third generation up. Problem is fixed by the time their married parents/ grandparents pass the home/stocks to them.

 

[CreepyMcCreeperson]

nikkas been working hard for centuries and a lot of the hardest working nikkas never made it above sharecropper, janitor, or whatever blue collar job that could support a family in yesteryear. What you call luck is actual policy in the form of affirmative action, which is policy that came right after the civil rights act that our elders sacrificed and died for

Are white janitors doing well in life?


You have to aspire to be the head of maintenance. Hard work doesn’t always mean manual labor. It requires thinking outside the box, a solid determination to advance, and believing in yourself. If we believe we will fail, and expect roadblocks all the time, it becomes a self fulfilling prophecy. I believe the black so called leaders have drilled into our heads that every failure we have is due to the system, and not a part of life. Then we give up, and think we can’t succeed. I also think too many of us have an all or nothing mentality when it comes to money.

 

[Gloxina]

I saw F.D Signifier talking about this, and I disagreed with his take about calling this "pick yourself up by your bootstraps" talk.

Yeah capitalism sucks, but a Socialist Revolution is not happening tomorrow. The next Vladimir Lenin is not emerging any time soon. Black people have to exist and find ways to live comfortably in the society and economic system they currently live in right now.

Saying things like black people need to go to school, learn skills that are valuable to the market, live below their means, and find alternative streams of revenue is not simping for capitalism, but just the basis for what should be the standard in black households, because we're at the bottom of society economically. We can figure out the rest simultaneously or later.

Yea that shyt should be common sense at this point. That’s the blueprint every Black family in the middle class (or higher) followed to achieve stability.

 

[OperationNumbNutts]

Also diet and exercise

Healthy diets and exercise leads to a healthy mind that leads to better decisions.

 

[Action Mike]

This a doers vs talkers debate

 

[BaggerofTea]

Is there a tl Dr. Killer Mike pushed me away with his cow towing for white supremacists earlier

 

[Robbie3000]

Imagine understanding how our economy works seeing planned recessions that result in the rich getting richer then claiming individual change will close the wealth gap

Black people don’t have the luxury to think this way. What Mike is advocating is easily achievable.

 

[Secure Da Bag]

none of that will close the wealth gap.

https://www.thecoli.com/threads/education-alone-cant-solve-americas-racial-wealth-gap.325304/

https://www.thecoli.com/threads/the-wealth-gap-for-every-100-in-white-wealth-blacks-hold-5-07-also-water-is-wet.571903/

Investigating the U.S. Racial Wealth Gap

https://archive.vn/CyrRv https://www.rand.org/education-and-labor/projects/racial-wealth-gap.html? The gap in wealth between Black and white Americans is a product of historical realities that continue to shape economic outcomes. Policy interventions to address current wealth disparities must...

www.thecoli.com

The Racial Wealth Gap

Looked for a thread on this and saw several so.... https://www.thecoli.com/threads/why-the-racial-wealth-gap-wont-go-away-cnn.395352/ https://www.thecoli.com/threads/education-alone-can%E2%80%99t-solve-america%E2%80%99s-racial-wealth-gap.325304/...

www.thecoli.com

No it won't close the wealth gap immediately. But it will shorten it. Assuming you do that for more than 1 generation.

• Stocks have an average return of 6 to 8 % annually.
• Living below your means means you have more liquidity.
• Not having children out of wedlock means you don't increase your debt significantly.
• Also not having children puts you in a better position to buy a house which does increase wealth.

 

[Ezekiel 25:17]

People in this thread are confusing two things: getting financially stable and closing the wealth gap. They are not the same.

Killer Mike's tips are good for individual and family getting financially stable.

However, there are only four real ways to close the wealth gap and having a good job and degree isn't one:

1. Blacks must invest our wealth in assets or investments and receive a greater ROI than the national average for many years. Having a higher savings rate could allow us to get lower returns since more of our earnings are invested.

2. Black productivity must increase faster than the national average and Black employees must derive an equal or greater share of those productivity gains than the average American worker

3. Outside entities invest in Black Americans in a way that allows us to build assets rapidly. Private or government

4. Government redistribution (reparations)

That's it folks. Stable Black families are necessary to pool resources to get assets and education allows better investing but if you don't fulfill one of the four criteria above you are just juelzing on closing the wealth gap

Did you really just say having a good job and degree isn't a real way to close the wealth gap but then bring up investinng wealth into assets or investments?

How do you do those things without a good job?

 

[Still Benefited]

As it currently stands black folks, as a whole, can't compete on an even playing field under our current capitalist structure. That is something that many black activists like MLK jr (later in life), Paul Robeson, Fred Hampton, and Malcolm X came to realize.
Is socialism perfect? No and but we've seen socialism implemented into different aspects of society that have been needed and beneficial to everyone. To fix things now, they'll have to add in more socialism.
The middle class is getting more narrow and the wealth gap is widening for all citizens. Personally, I think it's very idealistic thinking that black folks can somehow weave through the ever increasing class and racial wealth gap in our current economic state of affairs to reach this black capitalistic utopia.

I completely agree with prioritizing education and having financial literacy but ingrained systemic racism (not just white folks, some black folks too) is what will limit a lot of us from upward mobility.

I dare every American go to work and try to form a union,and see if its really capitalism or imperialism that we live under. Humans are the definition of a commodity. Imagine if oil could talk and negotiate its own price


People have to be socialist,because people/workers arent allowed to be capitalist. But in order to make changes you have to do what your not allowed to do. I said a long time ago as part of #BlackFreeAgency2028. That black people need to threaten a national walk out across the country,that would cripple the global economy. And the only way to stop the walk out is to have our demands met. Are people actually willing to do this? No,because we are already far too comfortable,as Killer Mike gives more advice on how to be comfortable in America.


We definitely arent built like our ancestors in the civil rights era,yet people like to call them soft. Theres not an ounce of sacrifice in most of us. Maybe Killer Mike sees that,and has just given up on any sort of revolutionsry measures. Just go to work,stop having kids,and do as the European says#AssimilationAgenda

 

[Luke Cage]

didn't read or watch the video. but if he just listed of cultural/behavioral things people need to change at an indivdual level. its just yelling at clouds.
Need actual enforceable policies written into law to actually affect real change at any level in this country. thats pretty much for any issue no matter how big or small.
Anything else can basically be summed up by people saying "yall need to do better" and actually believing saying that will one day work somehow
edit: watched the video, yeah he basically just saying yall need to do better." profound wisdom in his part.