Word: capitalisme
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The catchy and promising phrase "black capitalism" became part of the language when Richard Nixon promised during his election campaign that his Administration would step up loans and other aid for Negroes to start their own businesses. As Nixon put it, the Government should act decisively to help Negroes gain...
There are still few capitalists among the U.S.'s 22 million blacks. They own only 3% of the nation's businesses - and that 3% accounts for less than 1% of U.S. business receipts. In greater Harlem, which has a population of half a million, there are fewer than...
Budget Cut. At the center of the controversy is the embattled Small Business Administration, which was supposed to have been the primary financier, cheerleader and quarterback of black capitalism. The Government's general budget hold-down has forced the SBA to cut its loans. Funds for the SBA'...
Critics who are lauding this as an indifferently lighted Death of a Salesman are missing the point. (Besides, if it's a death, it's a movie death. A central duplicity is being practiced here-a duplicity which violently, perhaps fatally, transgresses principles of minimum interference. How likely is it...
Some of the athletes give non-athletes an assist in business. The Cleveland-based Black Economic Union, founded four years ago by ex-Fullback Jim Brown and some of his Browns teammates, has offices in six cities to help blacks find jobs, business advice and capital. Brown, who worked off...