Black Economics by Jawanza Kunjufu (Animated Summary)

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  • Опубликовано: 4 окт 2024

Комментарии • 80

  • @UrbanFinance
    @UrbanFinance  4 года назад +13

    Are there any other books you would recommend doing a review of?

    • @kimoramicheal8353
      @kimoramicheal8353 4 года назад +3

      Yes! A book called "Message to the Millineals." By Rizza Islam.

    • @kbnice2393
      @kbnice2393 3 года назад

      My book list ruclips.net/video/sB5y4IqYQhc/видео.html

    • @corbin1763
      @corbin1763 2 года назад +1

      Think and Grow Rich: A Black Choice by Dr. Dennis Kimbro

    • @corbin1763
      @corbin1763 2 года назад

      Anything by George Subira...

    • @UrbanFinance
      @UrbanFinance  2 года назад +1

      @@corbin1763 I actually did this one on my other channel. Feel free to check it out: ruclips.net/video/TIGt56gOTrY/видео.html

  • @kbnice2393
    @kbnice2393 3 года назад +22

    immigrants understand the importance of supporting family and community before they come to America which gives them a slight advantage over black America we must focus on developing black families and communities first then black businesses

  • @savelikeaprowithleah5157
    @savelikeaprowithleah5157 4 года назад +36

    Super informative! As an immigrant I have to agree with you that government doesn't assist foreigners to become independent.We have to work twice as hard as people those who born here...

    • @UrbanFinance
      @UrbanFinance  4 года назад +7

      Thanks for watching and commenting. I agree with you, depending on your level of melanin, foreigners have to work twice as hard to accomplish sometimes less.

    • @kbnice2393
      @kbnice2393 3 года назад +10

      True but immigrants understand the importance of supporting family and community before they get here which gives them a slight advantage over black America

    • @JacksonR.L
      @JacksonR.L 2 года назад

      @@UrbanFinance oh yeah Syrian refugees have so much melanin & all the Irish / italians back in the day.. Get over yourself. Absolute joke mentality.

    • @JacksonR.L
      @JacksonR.L 2 года назад

      Yeah. So annoying how African Americans complain when they actually get so much help compared to an immigrant. "BLM" 😅

    • @iambubblez
      @iambubblez 2 года назад

      utter facts and we are persecuted by black Americans for it.

  • @seanyaboi4766
    @seanyaboi4766 4 года назад +12

    Dr. Anderson, Dr. Umar Johnson and Minister Farrakhan have a round table discussion. I would pay to see it...

    • @UrbanFinance
      @UrbanFinance  4 года назад +2

      That would certainly be an interesting conversation.

    • @UrbanFinance
      @UrbanFinance  4 года назад +3

      If you enjoyed this I recently created a new page called BLACK BOOKS ANIMATED feel free to subscribe to it.

  • @blackamericatelevisionnews7842
    @blackamericatelevisionnews7842 2 года назад +8

    This reminds me of Dr. Claude Anderson's Powernomics. This is exactly what Black Americans need to do in or to obtain wealth in our communities.

    • @UrbanFinance
      @UrbanFinance  2 года назад

      I agree, it's certainly similar! This is indeed what we need.

    • @Realogn
      @Realogn 8 месяцев назад

      They did but then communist influence led to the decline

  • @azh9123
    @azh9123 4 года назад +18

    Nice review. Very logical - Kunjufu is high quality social scientist and we need to spread these teachings more

  • @Hamza7308
    @Hamza7308 4 года назад +8

    The views on this video need to be WAAAAAY higher

    • @UrbanFinance
      @UrbanFinance  4 года назад +1

      thanks bro! glad you enjoyed it.

    • @Ginab3001
      @Ginab3001 4 года назад +2

      Yes. The views on Hollywood gossip channel are toooooo high.

    • @Hamza7308
      @Hamza7308 4 года назад

      @@Ginab3001 Thats a fact lol

  • @brycepardoe658
    @brycepardoe658 8 месяцев назад

    This is a very informative video. I feel a strong sense of solidarity with the black American struggle as their experience is similar to that of my people's (Māori). As Māori we can learn a lot of from our African American brothers & hopefully can achieve the same things they have.

  • @HEMPHILL84
    @HEMPHILL84 4 года назад +17

    We wont invest with each other, my family wont, my friends wont...so i will do it myself until maybe others outside join...fuck it...thats what leaders do...thanks bro

    • @UrbanFinance
      @UrbanFinance  4 года назад +10

      We aren't all on the same page and won't be for some time, set the example for them. When people see that you're make moves they would like to, they will start to follow your lead.

    • @buicklincoln
      @buicklincoln 3 года назад +7

      Worse is when you have given your family no reason to mistrust you and you still can't get your family to help each other to benefit the WHOLE family not just yourself. Blacks always say in public how much they fear whites mistrusting and harming us, but we do more damage today to ourselves than the Klan can dream of.

    • @HEMPHILL84
      @HEMPHILL84 3 года назад +2

      @@buicklincoln we have to do it ourselves bro

    • @rexmonte1628
      @rexmonte1628 Год назад

      Did you get started?

  • @a.j.c187
    @a.j.c187 2 года назад +5

    In Jamaica, we call it pardna not fufu

    • @UrbanFinance
      @UrbanFinance  2 года назад +1

      Thanks, a few Jamaicans mentioned that.

  • @annaire8491
    @annaire8491 Год назад +3

    Haitians call it susu or sol. In the Caribbean ownership is the way to go and bring in the right circles (significant other or friendship) will get you fat. Also, the career you enter has a large determining factor. Many Caribbean women go into nursing.

  • @levelup7913
    @levelup7913 4 года назад +3

    Thank you big brother ✊ strength, love and respect

    • @UrbanFinance
      @UrbanFinance  4 года назад +1

      Thanks for the love and for watching.

  • @ricardoboggs6503
    @ricardoboggs6503 3 месяца назад +1

    Please do a review of "The 10 Commandments Of Black Economic Power" by Dr. Boyce Watkins. Your channel, you and your wife are dope brother! Continued success to you and our community because of your deposits into our heads and our hearts!

    • @UrbanFinance
      @UrbanFinance  2 месяца назад

      Thanks for the recommendation. Just bought the book and looking forward to reading it.

    • @UrbanFinance
      @UrbanFinance  2 месяца назад

      I did it on my other channel: ruclips.net/video/orkXI2sIVqA/видео.html

  • @AxmedBahjad
    @AxmedBahjad 2 года назад +2

    5 excellent takeaways. Cheers,

  • @user-eu2me4bp7j
    @user-eu2me4bp7j 3 года назад +17

    According to the Pew Research center, not only do black people have lower marriage rates, but black men are twice as likely to marry interracially. As men are traditionally providers and protectors of families and communities, this hurts black economics as black generational wealth goes to white/nonblack women (and communities). We see this often with wealthy BM and where their generational wealth ends up going.

    • @appollo1826
      @appollo1826 11 месяцев назад

      But black men still marry black women more than any other group. You only looking at some super wealthy and making this half true to meet your conclusion. Traditionally, black men were more married than white men, and due to child support and government handouts bw left and continue to leave their marriages with the belief that there is something greener on the other side.

  • @vnorm2907
    @vnorm2907 Год назад +1

    It is not just Black Small business fail in the first few years.
    U.S. Bureau of Labor Statistics (BLS):
    Data from the BLS shows that approximately 20% of new businesses fail during the first two years of being open, 45% during the first five years, and 65% during the first 10 years. Only 25% of new businesses make it to 15 years or more.

  • @UrbanFinance
    @UrbanFinance  4 года назад

    If you enjoyed this video, check out my new channel, Black Books Animated, I will post weekly reviews of black books - ruclips.net/channel/UCuFNsbcu-uE0G7K5x3SuqqQ

  • @UrbanFinance
    @UrbanFinance  4 года назад +2

    Follow us on Instagram: instagram.com/theurbanfinance

    • @kbnice2393
      @kbnice2393 3 года назад

      Great job loved the video

  • @mindovermatter1462
    @mindovermatter1462 2 года назад

    So TRUE!✊🏾👍🏽❤💙💖💜🤎

  • @itsmylifelife1511
    @itsmylifelife1511 2 года назад

    i loved this review im 25 years of age Malawian, starting somewhere is better than starting nowhere. im.gonna start saving for a better future if you guys know any tips.
    Please share. Bless and thank you.

    • @UrbanFinance
      @UrbanFinance  2 года назад

      I have a lot of content on regarding this on my channel, but feel free to start here: ruclips.net/video/5ZRtjDY7sYo/видео.html

  • @paulopedroso6648
    @paulopedroso6648 4 года назад +1

    I am here because of Andre Igoudala

  • @kbnice2393
    @kbnice2393 3 года назад +8

    The reason why black businesses don't do well is because of a lack of unity in Black communities we need to first address the need to develop black communities then start businesses we can't keep putting the cart before the horse most immigrants come to America from tight-knit communities so they already covered step one if we focus on creating communities community members can then be taught community responsibility as well as the importance of supporting black-owned businesses everybody talking about black owned business but nobody talking about black community development

    • @akuacatastaire4174
      @akuacatastaire4174 Год назад +2

      How do we get started creating communities then?

    • @kbnice2393
      @kbnice2393 Год назад +1

      @@akuacatastaire4174 I've written a document on how to create education and economic development. In black communities, it took me 6 years to write this document. It suggests the creation of two organizations One is a social organization behind whatever cause you want or your church group That Would help build wealth for its members then purchase neighborhoods to create new communities. And two, the creation of community development organizations. Or community development corporations. These entities already exists in black communities around the country My plan that I write about is how to put this concept on steroids and Develop them in every black Community around the country. Like franchises.

    • @akuacatastaire4174
      @akuacatastaire4174 Год назад +3

      Also, I would add on that "lack of unity" isn't the sole reason why black businesses don't do well. 80% of ALL businesses in the US (black, white, asian, etc) fail in the first two years. When you compare the average wealth of a black American versus a white American then it becomes a no brainer as to not only why black businesses fail but also as to why a lot of black Americans cannot pursue entrepreneurship at the same as whites -- simply because we cannot afford it or the lifestyle it entails. The average white can't do it either for this same reason as it is an unsustainable lifestyle for most except those that come from well-connected somewhat well off families.
      However, this isn't to shoot down your idea. Indeed obtaining the UNITY in our commUNITY and sticking to it with our black dollars may be the one thing that can offshoot our business failures. But that would require strict, damn near authoritative spending discipline where we only shop and exchange money with each other all the way up the supply line, from retailers to distributers, wholesalers, etc. The NOI has this model but they are so cult-like that they keep this system exclusive only to their NOI members instead of breaking bread and teaching the rest of us how to copy their methods.

    • @kbnice2393
      @kbnice2393 Год назад

      @@akuacatastaire4174 with that in mind let's distinguish the two types of business models that we are talking about that exisist you have community-based businesses and then there are businesses where you would sell to almost anyone. And we do have a good chance to be successful in the second one rather that is an online business or businesses we can buy or invest in as an Investment Group or holding company. And in my document I emphasize the importance of creating investment groups holding companies and LLCs where you would not have to reveal who actually owns the company and through these entities you'll be able to purchase businesses and franchises as well as real estate throughout the country without any worry of being discriminated against. Investing in well established business models would give us the experience we need as well as the collateral needed to start businesses that may be of a higher risk like community-based businesses if we failed in the community it won't be such a big deal because we have these other businesses to fall back on.

    • @NintendoGamepro
      @NintendoGamepro 11 месяцев назад +1

      ​@@akuacatastaire4174buy land plan hire contractors to build. If you dont have the money fund raise. Its not even hard. The upper class "blacks" could have been started along time ago but they want to be like their white counterparts! They're not interested in helping the "black" community. They just fake it.

  • @RexBanner_
    @RexBanner_ 3 года назад +4

    This is a must read by all blacks worldwide

  • @dawnmason8693
    @dawnmason8693 3 года назад +1

    This is excellent for high school economics except for the optic. of the archaic stereotype of a Chinese person. It makes me unable to use this with them even though I have a majority Black student body. It would be nice if you could change this otherwise excellent presentation. It is just long enough to keep their attention.

    • @UrbanFinance
      @UrbanFinance  3 года назад

      Thanks, you usually don't have a huge selection of images for POC.

  • @timelessgoacexx7033
    @timelessgoacexx7033 4 года назад +4

    How can I get the book in Nigeria

    • @UrbanFinance
      @UrbanFinance  4 года назад +1

      Check out Amazon: www.amazon.com/Black-Economics-Solutions-Community-Empowerment/dp/0913543829/ref=sr_1_1?keywords=black+economics+by+jawanza+kunjufu&qid=1575073642&sr=8-1

    • @UrbanFinance
      @UrbanFinance  4 года назад +3

      Is Jawanza Kunjufu popular in Nigeria?

    • @Morgue12free
      @Morgue12free 2 года назад +1

      @@UrbanFinance Amongst the pan-africans in Nigerian, he is known. Thanks for a great post.

    • @UrbanFinance
      @UrbanFinance  2 года назад +1

      @@Morgue12free Thanks for sharing that information.

  • @140aj
    @140aj 3 года назад +2

    jamaicans call it "partna", not fou fou.

  • @buddinganarchist
    @buddinganarchist 3 года назад +2

    This is a pretty white view man.,

    • @akuacatastaire4174
      @akuacatastaire4174 Год назад +1

      It's from an African foreigner outsider🤷‍♀. What do you expect?😭

  • @vnorm2907
    @vnorm2907 Год назад

    I really hate this term or word "empowerment".
    What does it really mean?
    Is it really true?
    True empowerment means you control a partnof the means of production, or a part of the economy.
    The beginning of this video talks about a 8 members of a Black family that invested $800.00 a month for 5 years and now the have 2.3 million dollars.
    Who did they invest this money with?
    This did not empower them it just gave them 2.3 million.
    What changes can they make to this system?
    None.