Word: approach
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Dates: during 1960-1969
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...conventional approach of both the black and white communities is simply to arrange to let black entrepreneurs buy these businesses now. This is, of course, very much in the ordinary business tradition, and will probably occur...
...difficulty with the conventional approach, again, is that it passes up a tremendous opportunity for innovation. Once businesses are handed to black entrepreneurs, they, of course, will begin to pocket the profits made from doing business in the community. This is all well and good from the conventional standpoint...
...means the profits will end up helping only a tiny handful of entrepreneurs--not the community at large. The approach will lead to their personal enrichment, and to their abandonment of the community from which they came...
AGAIN, THE conventional mind can find a thousand reasons why such an approach will not work. But those with imagination can see that the community corporation idea--linked to an independent source of funds which can supplement and perhaps eventually take the place of anti-poverty funds--is a creative response to our present difficulties...
...Such an approach might even help American cities get beyond the crisis which threatens to pull conventional-minded leadership into the hands of violence, counter-violence--and the now all too conventional cycle of rebellion, terror and repression