The PROBLEM! Sharecropper Economics!
African American Buying Power: 1.5 Trillion Dollars, but little wealth and assets
Dr. Claud Anderson, the president of The Harvest Institute, a non-profit, tax-exempt and nationally recognized Black think tank that works to help Black America become a self-sufficient and competitive group of people. Dr. Anderson is also recognized as one of America’s most influential intellectuals and authors and has popularized Black history.
In his teachings he emphasizes the importance of Black Business Development, using a cultural approach to make his point. He states the following statistics from 2009 data:
Stated that in 2009, the MEDIUM HOUSEHOLD INCOME BY CULTURES was:
Asian income averaged $55,000
White income averaged $53,000
Hispanic income averaged $33,00
Black income averaged $19,400
Encouraged African American to start businesses. Business ownership equates to wealth building!
In 2009:
Asians: 1 out of 10 own a business
White: 1 out of 34 own a business
Hispanic: 1 out of 54 own a business
Black: 1 out of 104 own a business
http://harvestinstitute.org/biography-of-dr-anderson
Cultural Economic Development Priorities
*Support the Economic Development programs of the National Black Chamber of Commerce, state and local chambers in the majority and minority community that stress improvement of economic opportunities in the African American and minority business cores.
*Support the efforts of the National Black Chamber of Commerce Initiative to increase trade and business opportunities with Africa, Latin America, and Caribbean countries, to create trade partnerships region for minority businesses.
*Support the continued development of a Micro-Enterprise system that will benefit businesses with less than five employees.
*Seek improvement in the funding of the public and private Historically Black Universities and Colleges, Community Colleges, and the Vocational Education System.
*Create a volunteer small business mentor/protégé program that will assist minority and women-owned businesses by teaming them with mainstream business managers.
*Support the efforts of the National Black Chamber in their expansion into cultural heritage tourism markets and their program to assist to minority-owned microenterprises and tourism-related businesses.
*Seek and recruit businesses that have a successful history of operating in the urban core of major cities, and solicit their expansion into targeted areas to create jobs and opportunities for local residents.
*Seek economic equality in the distribution of tax proceeds for economic and community development.
*Seek parity in all government procurement programs.
*Continue the effort to eliminate the Technology Divide that plagues the African American business community.
*Support the development of a Farmers Support Network — to grow, process and distribute organic foods.
*Support the development of cultural arts clustering and assistance in the creation of cultural heritage tourism destinations in historic Black communities as a vehicle to educate cultural travelers and expand Florida's tourism base.
*Support and expand throughout the state the Affordable/Essential Housing Programs.
*Support the development of community-based, on-the-job trade programs to train disadvantaged youth in the traditional trades.
*Provide all possible support to local health industry organizations to recruit minorities for employment in the health field and to conduct health education and screening programs.
African American Buying Power: 1.5 Trillion Dollars, but little wealth and assets
Dr. Claud Anderson, the president of The Harvest Institute, a non-profit, tax-exempt and nationally recognized Black think tank that works to help Black America become a self-sufficient and competitive group of people. Dr. Anderson is also recognized as one of America’s most influential intellectuals and authors and has popularized Black history.
In his teachings he emphasizes the importance of Black Business Development, using a cultural approach to make his point. He states the following statistics from 2009 data:
Stated that in 2009, the MEDIUM HOUSEHOLD INCOME BY CULTURES was:
Asian income averaged $55,000
White income averaged $53,000
Hispanic income averaged $33,00
Black income averaged $19,400
Encouraged African American to start businesses. Business ownership equates to wealth building!
In 2009:
Asians: 1 out of 10 own a business
White: 1 out of 34 own a business
Hispanic: 1 out of 54 own a business
Black: 1 out of 104 own a business
http://harvestinstitute.org/biography-of-dr-anderson
Cultural Economic Development Priorities
*Support the Economic Development programs of the National Black Chamber of Commerce, state and local chambers in the majority and minority community that stress improvement of economic opportunities in the African American and minority business cores.
*Support the efforts of the National Black Chamber of Commerce Initiative to increase trade and business opportunities with Africa, Latin America, and Caribbean countries, to create trade partnerships region for minority businesses.
*Support the continued development of a Micro-Enterprise system that will benefit businesses with less than five employees.
*Seek improvement in the funding of the public and private Historically Black Universities and Colleges, Community Colleges, and the Vocational Education System.
*Create a volunteer small business mentor/protégé program that will assist minority and women-owned businesses by teaming them with mainstream business managers.
*Support the efforts of the National Black Chamber in their expansion into cultural heritage tourism markets and their program to assist to minority-owned microenterprises and tourism-related businesses.
*Seek and recruit businesses that have a successful history of operating in the urban core of major cities, and solicit their expansion into targeted areas to create jobs and opportunities for local residents.
*Seek economic equality in the distribution of tax proceeds for economic and community development.
*Seek parity in all government procurement programs.
*Continue the effort to eliminate the Technology Divide that plagues the African American business community.
*Support the development of a Farmers Support Network — to grow, process and distribute organic foods.
*Support the development of cultural arts clustering and assistance in the creation of cultural heritage tourism destinations in historic Black communities as a vehicle to educate cultural travelers and expand Florida's tourism base.
*Support and expand throughout the state the Affordable/Essential Housing Programs.
*Support the development of community-based, on-the-job trade programs to train disadvantaged youth in the traditional trades.
*Provide all possible support to local health industry organizations to recruit minorities for employment in the health field and to conduct health education and screening programs.