Dr. Anderson’s book PowerNomics gives one of the clearest explanations of why Black people in this country have struggled to advance. It wasn’t an accident. It wasn’t because we didn’t work hard. It was because the majority society created systems—laws, policies, and everyday practices—that were designed to keep us in poverty. For generations, we were blocked from land ownership, quality schools, business loans, and the wealth-building opportunities that other groups received.
And Dr. Anderson doesn’t stop there. He explains something we often whisper about but rarely say out loud: most other cultures do not support the economic interests of Black people. They support their own first. They protect their own businesses. They build networks that keep their dollars circulating inside their communities. That unity is the key to their success.
As Dr. Anderson writes in PowerNomics:
“Nobody wants to propose black solutions for black problems. Society is more comfortable recommending broad minority solutions for problems that are actually unique to black people alone.” Moguldom
That quote hits at the heart of the issue: Black America can’t rely on one-size-fits-all “minority” plans — we need our own strategy, designed specifically for our history, needs, and potential.
Look at the Jewish community. Many came to America carrying trauma and loss, but they built institutions — banks, schools, organizations — that served and protected their people. Their success came from tight-knit cooperation.
Asian communities do the same. They pool resources, support each other’s businesses, and build financial strength before spending outside their community. Their progress comes from discipline and collective thinking.
And here’s the truth Dr. Anderson reminds us of:
Black people can create the same success when we practice group economics.
We already have the intelligence, the creativity, and the work ethic. What has been missing is the structure and unity that other groups use to build generational power.
To move forward, we must:
- Support Black-owned businesses
- Teach our children about money early
- Pool resources within our families
- Build institutions that serve our interests
- Keep our dollars circulating among us
- Stand together instead of competing against each other
Let me say this clearly: We are not behind because we are broken. We are behind because the system was built to hold us back. But we still rise. Every time we help each other. Every time we build something of our own. Every time we choose unity over division.
Our future changes the moment we stop waiting for anyone else to save us and start investing in ourselves — our families, our businesses, our community.
This is how we close the wealth gap.
This is how we build power.
This is how we protect the next generation.
It starts with us. It starts with working together.
Because when Black people move as one, nothing can stop us.
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Marvin Dixon/Founder
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