Word: retardent
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Dates: during 1970-1979
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...rather risky payoff." If many more Negro-owned businesses are formed, warned Brimmer, they "would certainly be more prone to failure than already established firms, and their failures would leave a lasting burden on the individuals starting these firms. Moreover, he argued, "the pursuit of black capitalism may retard the Negro's economic advancement" by distracting attention from programs that would really help blacks and discouraging Negroes from "full participation in the national economy." What Negroes need, Brimmer counseled, is more jobs as salaried managers or as craftsmen for major companies, where they would have the capital resources...