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Diddy , Boyce Watkins, Powernomics: Why we can’t see the Racial Wealth Gap pt 2

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Attorney Antonio Moore discusses the recent report “What We Get Wrong About Closing The Racial Wealth Gap” with Political Commentator Yvette Carnell in a 2 of 3 part series on wealth & race in America.

Moore and Carnell dig into a historical, and current economic analysis of black celebrity, the principles of powernomics, and the reality of extreme wealth calcification in its current form.

Read the Full Report Here https://socialequity.duke.edu/sites/socialequity.duke.edu/files/site-images/FINAL%20COMPLETE%20REPORT_.pdf

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Comments

tonetalks says:

Our report defines the economic limits of blackness while unrooting the fantastical post-racial identity we created to cope. Full report https://socialequity.duke.edu/sites/socialequity.duke.edu/files/site-images/FINAL%20COMPLETE%20REPORT_.pdf
All the fantastical solutions of factories and financial classes are coping mechanisms. Not solutions at all, real solutions require an awareness of the financial terrain that many of us refuse to learn and be honest about.

Nick N says:

You guys make it seem like this type of self help stuff worked in the 90s. It never worked without government and politics. History shows that black people have worked the hardest. A lot of that time we worked for free and here we are hundreds of years later and we are the poorest of the poor. We see immigrants come here and because they don't have the burden of blackness on their back are able to integrate a level or two above black people. Claude's examples and prescriptions have never been effective at anytime in racist america.

Black Ambassadors says:

Great show but false on the fact that Chinese hire Africans, they bring in other asians. This is a big problem in African countries now when Asian say and agree to hire Africans but then just bring in their own people.
It's about creating jobs for their own billion of people, even when it is in Africa or anywhere for that matter. The primary special interest is China or any other group over the other group. The Africa dynamic is not your strong point, please fall back on such topics. You guys are amazing but have a terrible habit of dividing Africans, like you guys are not really sitting their with the DNA of Africans, you don't have no slave blood thats not a real thing. While I understand what you guys want to do with the politics in USA ensure that other mentality Ill Africans do not misuse our policies. Just relax because majority of Africans are living in poverty and can not even afford and dream about coming to no USA. You guys utilize the top 10% to describe all of Africans. Native Blacks do have a problem that the government and citizens afflicted against native black but also blacks do have a enslaved/mentality ill behavior, belief, attitudes and energy towards the oppression. Native Blacks have been economically, physically and politically dominated but do not forget the mental/Psychological damage we still have after 600 year of oppression. The European Domination did it to us but also we still have those psycho affects today, that we must acknowledge, which we fail to do so, we need mental/cultural treatment. This treatment can NOT be provide by any other group but Africans and needs to connect to todays world but also our stole, destroyed culture/history . We do not need civil rights 3.0 and then be looking stupid next time around like we are now, fighting for the same stuff over and over. We need a stable independent nation to protect africans the world all over but protect Africans not just the american ones , because regardless of what you think the world seem will treat you as an African regardless of your title you give yourself. So if you have the power then it does not matter what they think because they will not be able to enforce otherwise. We have to caught up please we continue to run the same damn play over and over again. This is the 3rd "civil rights" movement for us. Side Note: unless you forget the system will also kill you after they sign your little funky bill, so in an environment like that you guys have to start thinking a lot more complex and major. International and global with the people that have been dominated like you and mend your own relationship with your own group of people because other tribes that you want to join are not letting you in their group. So please stop begging and do what you do best think grander. Please

TruAthlete B says:

I don't argue the numbers, but again what reverberates through my mind is this after all the data, how then are you going to request a government who's baseline is to deny Black African Americans born on this soil from any access to things that'll help give them a shot at a fair life. The facts behind the numbers while true don't offer a solution other than go beg the white government which controls everything to be fair with us. That's not a solution, so to me it's hard to knock anyone who's at least trying to produce a way of being self-sufficient within this structure.

Because I can tell you, pleading and appealing to the open oppressor is no better than trying to take matters into your own hands against a rigged system. Again I can appreciate the facts, but riding those that understand the gov't isn't going to help is not solution either.

Thugocratic says:

Have you considered doing an episode about whether or not, in light of circumstances facing us here in the United States, black Americans should leave the country? Most black Americans can't do this at the moment, but the reason low-income Mexicans and Central Americans can immigrate to the US and find work and housing is because other people from those nations came before them and established some level of infrastructure for new immigrants. Also, while not being an emigration in the strict sense, millions of blacks did leave the south for opportunities in the north and the west coast during the great migration.

If not a conversation about leaving America entirely, a discussion around what states are better or worse for black Americans could be important. I read a study a while ago that concluded based on data that Wisconsin was the worst state to raise a black child in, while Hawaii (the state with the lowest rate of incarceration for blacks and highest black household income) was the best state for black children.

It is interesting that our first black president, in addition to not being a descendant of the people who endured slavery and jim crow, being raised by a white mother, and receiving hundreds of thousands of dollars of inheritance from his white family, was also raised in the state that is now being regarded as the best place for a black child.

Thank you for all of the thoroughly-researched, thought-provoking material.

Ryan Martin says:

I loved this podcast! You nailed some issues I've been trying to explain to my friends and family for years!

Shawn Hill says:

I loved the report.  One thing I do wish is that there was more information about the Federal Jobs Guarantee, Baby Bonds, and Reparations on the report as some solutions to the problem.

P L Bradley says:

Antonio and Yvette have you reached out to the Bishops of the African Methodist Episcopal Church?

Tracy Adams Avery says:

It’s good that you all voice your differing opinions of each other’s work. I do hope, however, that you all will be able to put your egos aside and work together for the betterment of the people.
Tone, you and Evette are on point with providing relevant data and information in a way that is easy to understand. Straight with no chaser. Dr. Watkins is similar, but he’s actually doing things, programs, etc to uplift black people.
At some point you guys are going to have to start putting some meat behind this idea of changing the government’s mind on how they treat us. Otherwise, you guys will sound like you’ve got all the negative information about our situation but no solution.
And if solutions is not your focus area then fine, why not work with someone like Boyce to help him understand the direction he should be going in? No point in tearing him down and you still don’t have the answers either.
I appreciate you all, and I hope the growth continues without a crab in a barrel mentally. Black people will never get anywhere if all we do is tear one another down.

J. Jones says:

The wealth gap that affect Blacks is due to systemic oppression and Black people's addiction to White principles of individual success . Dr. Claud Anderson has been and is still petitioning the government on the behalf Blacks for reparations, he also believes Blacks should get help from their government like other groups do . Until then Blacks should develop their communities like the successful historic towns of Durham NC and Tulsa Oklahoma to help them gain political clout . The politics and the money working to improve Black prosperity ; although this is not an easy task with the present social climate .

Angela Ray says:

The REALITY IS, if we don't UNITE AND SUPPORT one another, we may as well hang it up; there's no ground for discussion here.

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