Title of Course: Economics 101
Black Power Economics: The Building Blocks
Mba Mbulu, Instructor
Copyright 1998 - 2002, 2020 ASET, M. Mbulu All rights to everything on this web site are reserved.
Read the essay below. Afterwards,
try to get the best understanding you can of the following questions.
(1) What is energy?
(2) What have Black People been doing with their energy that is
detrimental to the development of Black Power Economics?
(3) Do you think Black America is presently the equivalent of
an economic ghost town?
(4) Can you imagine what you need to do to make your energy more
beneficial to Black People?
Class #7: What Has To Be Managed? ENERGY [Audio Version]
Economics is a science; an organized system of activities (some economic systems are more highly organized than others) as opposed to a random series of activities. This will be one of several classes that asks fundamental Economics questions, and answers those questions as simply as possible. The question for this class is, "What has to be managed?"
We Have To Manage Our Energy
On the personal and national/community
levels, there are several resources Black People have to manage.
These resources include, but are not necessarily limited to, the
following: People, Attitudes, Energy , Time, Skills, Wealth and
Money. In this class we will take a brief look at Energy.
What is Energy? For the purpose of this course, energy is the
ability to make something happen. Energy is the fuel that motivates
and empowers a person to do whatever s/he does. All energy, in
my opinion, is good energy, but what people use their energy to
accomplish is not always good. Unfortunately, in the Black Community,
a disproportionate amount of Our energy is used to the detriment
of Black People. The energy some of Us use to help white people
maintain white power is detrimental to Black People, and the energy
some of Us use to prey on elements of the Black community is also
detrimental to Our development. We must devote more of Our energy
to the development of economic activities geared toward establishing
a Black Power Economic system.
If Black individuals use their energy wisely, each of Us will
be able to provide a viable product or service to the Black community.
If Black individuals use their energy wisely, each of Us will
be able to make something good happen. Every time a Black individual
makes something good happen for the Black community, Our nation
takes on more life, more dynamism and more self-confidence.
Today, Black America is the equivalent of an economic ghost town
because Black People provide viable goods and services to white
America's economic system, not Black America's. The economic energy
Black People presently reserve for Black America is practically
non-existent. That will continue to be the case as long as Black
People operate within the confines of a white power economic system.
We can't compete within that system. To be competitive, to be
productive, We need Our own system. We need Black Power Economics,
and if We make better use of Our energy, We can make Black Power
Economics a reality.