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) Why do the skills that are critical to the development of
Black Power Economics revolve around Our analytical, creative,
organizational and work abilities?
(2) Have Black People developed economic systems before?
(3) Where do We have to go to find the keys to the Black Power
Economic system We need in the year 2000?
(4) When We imagine new solutions, should We expect others to
be able to identify with those solutions?
(5) Whose standards must We use to assess the progress of Black
Power Economics?
Class #9: What Has To Be Managed? SKILLS [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 Skills
In ancient times, Black People built
the greatest civilizations known to humankind, even to this day.
We were able to do so because We had the analytical, creative,
organizational and work skills to do what needed to be done. More
than 5000 years later, Black People still possessed those skills.
What We no longer possessed, however, was the ability to defend
Ourselves. We continued to build great nations, but Eastern white
people discovered it was to their advantage to kidnap Us, transport
Us across the Sahara to their homelands and enslave Us. Why? Because
they wanted to build a better world for themselves, and they knew
We had the skills that would enable them to do so. And nearly
a thousand years after that, Black People still possessed the
analytical, creative, organizational and work skills that had
made Us a great people. White people from Europe, having discovered
a fertile land that was new to them, wanted to build a nation
on that land that was greater than any nation white people had
ever built before. White people didn't possess the skills to build
such a nation, but they knew Black People did. So, they kidnapped
Black People, transported Us across the Atlantic Ocean, and enslaved
Us.
In the year 2000, Black People still possess the analytical skills,
creative skills, organizational skills and work skills needed
to build a great nation. More than 10,000 years ago, We used those
skills to create the very first organized economic system. To
start off, Black People decided to do something that had never
been done before; domesticate plants. To follow up on that, Black
People decided to do another thing that had never been done before;
domesticate animals. Thirdly, Black People devised a technology
that enabled Us to harness the power of the rivers. And, Black
People did something else that was highly unusual; We devised
a technology that enabled Us to refine ores and metals. Therefore,
thousands of years ago, Black People had to view economics in
a way it had never been viewed before. We were able to imagine
new economic solutions because of Our intelligence, and We were
able to institutionalize new economic realities because of Our
analytical, creative, organizational and work skills.
Today, in the year 2000, Black People must once again imagine
what no one else seems capable of imagining and institutionalize
what no one else thinks can be institutionalized. That is the
challenge and essence of Black Power Economics. We have to take
economics back to its roots. We can't imitate what others are
doing or use the standards of others as Our measuring sticks.
Black Power Economics has to be Black and original. And in order
to be original, We have to take a new approach and rely on Our
exceptional intelligence and skills, Our exceptional intelligence
and skills.