African Americans have been extremely disadvantaged because of the conditions in which we first arrived to this country. Immigrants came to this land with their cultures intact and strong self-esteem, both of which can result in a strong entrepreneurial spirit. Slaves, in contrast, were broken down and reduced emotionally, as well as physically. For a long time, blacks were denied the opportunities to be employers or employees. We were required to be slaves.
Even after slavery, we continued to be oppressed and were not given an equitable opportunity to move ahead. For example, soon after the invention of the radio, the government which owned the rights to distribute this new product, decided to disseminate the rights of broadcast to the public. These became our first radio stations. The long exclusive list was comprised of the most affluent in
society, and of course none were African American. Furthermore, when television was invented, these same owners (and others like them), were given the same opportunities. Situations similar to these have left many families with strong legacies of wealth that stretch back to the days of America’s founding fathers.No, we haven’t had the best of times since arriving to this country. It is also true that we continue to face many forms of degradation and discrimination. However, even with the strife that we have endured, we are at a point where we need to take accountability for our own actions. In many ways, we continue to be the cause of the inhibition of our own growth.
And as they heard these things he added and spake a parable, because he was nigh to Jerusalem, and because they thought that the kingdom of God should immediately appear. He said therefore, A certain nobleman went into a far country to receive for himself a kingdom, and to return. And he called his ten servants and delivered them ten pounds, and said unto them, Occupy till I come. (LUKE 19:11-13)
While others may interpret this differently, to me this verse means that a certain King of Kings, while he is away receiving his kingdom of Heaven, has given each of us an allotment. He expects us to demonstrate responsibility for this gift, until his return. If you were to read further into this passage through Verse 27, you will see that he did return. He then took full account of what each one of his faithful servants had done with his allotment.
True, many of us didn’t receive an inheritance, and are living within economic conditions
which are very difficult to get out of. However, we as a people don’t realize that, “eighty percent of America’s millionaires are first generation rich,†according to the best-selling classic on the study of wealth, The Millionaire Next Door by Thomas Stanley and William Danko. What have we done with the little that we have? Have we continued to complain that it wasn’t enough to be sufficient, or have we made the most of it and tried our best to make it grow? “The plans of the diligent lead to profit as surely as haste leads to poverty.†(Proverbs 21:5)Luke 19:11-13 tells me that it is not only our responsibility, but our obligation to be responsible for what we have been given and continue to grow financially. This is our duty, not the government’s, and certainly not the “oppressors†who have
discriminated against us. While legislation such as affirmative action is still necessary, and welfare is still needed in many of the inner-city areas of the community (and other areas), many of us continue to use these systems as a crutch. Welfare was not intended as a continued means of living, but only a temporary subsidy to allow that individual or family to get back on its feet. The problem with relying on government programs to shelter and save us is that the government takes people out of poverty. As African Americans, we must work on taking the poverty out of the people.Part 1: Taking The Poverty Out of the People
Part 2: Taking Care of Business
Part 3: Taking Stock of How We Spend
Part 4: Taking Control of Our Destinies
Ryan Mack is president of Optimum Capital Management, LLC