*The American Black Bourgeoisie is affirmed on this date in 1619. They are America’s Black upper class based on financial income. The Black Bourgeoisie comprises engineers, lawyers, accountants, doctors, politicians, business executives, venture capitalists, CEOs, celebrities, entertainers, entrepreneurs, and heirs with annual incomes of $200,000 or more. This social class sometimes referred to as the... View Article
I'll go on a little rant about this paper in @QJEHarvard if only for its treatment of the literature. As it's clearly not the first paper to analyze Black economic progress after slavery, we'll focus on the value-added over previous research. An important reference here is Sacerdote (ReStat 2005) "Slavery and the Intergenerational Transmission of Human Capital". by @AndreasShrugged(Andreas Backhaus) | Twitter Thread Reader
I'll go on a little rant about this paper in @QJEHarvard if only for its treatment of the literature. As it's clearly not the first paper to analyze Black economic progress after slavery, we'll focus on the value-added over previous research. An important reference here is Sacerdote (ReStat 2005) "Slavery and the Intergenerational Transmission of Human Capital".
Left of Karl Marx: The Political Life of Black Communist Claudia Jones - Carole Boyce Davies | Are.na
doi.org/10.1215/9780822390329
Black Owned | Class Bookstore | United States
Cognitive Capitalism - Public Seminar
There are broadly three ways of thinking historically about capitalism. One draws on Marx’s value theory and pretty much treats...Read More
Black Marxism, Revised and Updated Third Edition by Cedric J Robinson | East Bay Booksellers
In this ambitious work, first published in 1983, Cedric Robinson demonstrates that efforts to understand Black people’s history of resistance solely through the prism of Marxist theory are incomplete and inaccurate.
Why did capitalism begin in the West?
Culture, class, and the origins of capitalist development
Systems: How the Ultra-Wealthy Think About Money - Anil Dash
A blog about making culture. Since 1999.
American Babylon
A gripping portrait of black power politics and the struggle for civil rights in postwar Oakland
Black Marxism: The Making of the Black Radical Traditio…
In this ambitious work, first published in 1983, Cedric…
The Artist Loft: Affordable Housing (for White People)
Do these tax-subsidized apartments perpetuate segregation by excluding some low-income households?
The Origin and Future of Economic Inequality
Global Inequality — Harvard University Press
Winner of the Bruno Kreisky Prize, Karl Renner InstitutA Financial Times Best Economics Book of the Year An Economist Best Book of the Year A Livemint Best Book of the YearOne of the world’s leading economists of inequality, Branko Milanovic presents a bold new account of the dynamics that drive inequality on a global scale. Drawing on vast data sets and cutting-edge research, he explains the benign and malign forces that make inequality rise and fall within and among nations. He also reveals who has been helped the most by globalization, who has been held back, and what policies might tilt the balance toward economic justice.“The data [Milanovic] provides offer a clearer picture of great economic puzzles, and his bold theorizing chips away at tired economic orthodoxies.”—The Economist“Milanovic has written an outstanding book…Informative, wide-ranging, scholarly, imaginative and commendably brief. As you would expect from one of the world’s leading experts on this topic, Milanovic has added significantly to important recent works by Thomas Piketty, Anthony Atkinson and François Bourguignon…Ever-rising inequality looks a highly unlikely combination with any genuine democracy. It is to the credit of Milanovic’s book that it brings out these dangers so clearly, along with the important global successes of the past few decades.—Martin Wolf, Financial Times
News for Black America - NewsOne
Breaking news for and about Black America: politics, original stories, diverse opinions, current events and their impact on Black lives.
Mercantilisme et capitalisme de la finitude : aux origines de l’Empire Trump | Le Grand Continent
Les seigneurs de la Silicon Valley s'installent dans l'État américain : un nouveau pouvoir disrupte le libéralisme et la démocratie. Vivons-nous un moment inédit ? Il y a quatre cents ans, une start-up de la City – la Compagnie des Indes – se lançait déjà dans une entreprise de conquête mondiale similaire. Pour expliquer Trump et Musk, Arnaud Orain renoue avec les fils de cette histoire, en forgeant un concept : le capitalisme de la finitude.
if there's one conclusion that the study of both labor history and imperialism converge on, it is that the richest people in the world are happy to burn money on control, power, impunity. and the "everything is about profit" version of anti-capitalism does not survive serious contact with either
Leonard Pierce
Adding to this thread: it’s a common mistake (I’ve made it myself, many times) to think of the motivations of the capitalist elites as essentially mercantilist: that is, that they are largely still motivated *entirely* by profit and loss, selling product, etc. This has not been true for a while.
