Black 1 percent have to lead by example in uncomfortable places Economic Corner

[richardmurray]

Thinking in between Soccer/Futebol clubs going from Non Profit to Profit or Profit to Non Profit. And thinking on improving Black owned football clubs the world over , the USA going on two hundred and fifty years, and what one learns in experience... I see a Black Unity in the Pan Black experience the world over... on interpreting fiscal capitalism. 

Most human beings who see positive future built on today/modernity, led by the positive elements of the heritage of the usa, see said future through a union of fiscal capitalism+non violent competition+rule of law. 

But when I think of leading by example as a mandatory. 

No where in humanity has achieved: fiscal capitalism+non violent competition+rule of law. 

The USA has fiscal capitalsim+rule of law, but is the worst violent offender in modern humanity by a long mile. 

One of the things that I think has to happen moreso is lead by example. 

And I admit part of this comes from a discussion amongst others elsewhere concerning the state of Nigerian soccer. And, while my suggestion bols down to someone leading by example. Most others want an complete overhaul from an overseer which goes back to Blacks enslavement to non blacks and the fiscal perspectives based on black history , and how many/probably most blacks treat fiscal capitalism as a power play, not a build from scratch lemonade stand , but the kill others and steal from others and get away with it like non blacks did and do as well as an evergrowing number of blacks finally allowed by non blacks to participate. How said blacks treat the nonviolent competition as a thing only valuable in the athletic world but foolhardy in the financial, which makes sense based on black experience. Jerry Lawson is proof that nonviolent competition in non athletic fields is really unfounded historically. And lastly the rule of law, which never is around when needed for black people historically and now is only used by non blacks and some blacks to tell black people to follow a moral code which isn't in any of the foundation to modernity.

So... lead by example to the positive aspects of fiscal capitalism+non violent competition+rule of law has to grow in the uncomfortable places. The comfortable places are personal finance/small black owned business. The comfortable places have tons of examples in the black populace globally. BUT, the uncomfortable places, elected officials, black shareholders in mid to large firms, black owners in mid to large firms, is where the negative aspects of fiscal capitalism+ non violent competition+rue of law are overwhelming by black participants, the Black one percent; that has to change. The Black one percent have to lead by example, 

https://aalbc.com/tc/events/event/605-economic-corner-29-11302025/

 

[Pioneer1]

It would seem that the fact that they made it TO the 1% is example enough that some of our people can reach high stations in life.

But ofcourse, Mr. Fuller Jr. would refer to these elite Black folks as being "Showcasted"

They are pawns in a game being played by Racists known as "Racial Showcasing Confusion"
According to Mr. Fuller, many of them didn't achieve their positions on their own but were "chosen" by the Whites in power to be used as props to make it appear that there is no racism and that the system is fair and just.   This gives the feeling to those NOT chosen that something must be wrong with THEM since these selected negroes are apparently so successful but they aren't. 
 

[ProfD]

On 11/30/2025 at 4:26 PM, richardmurray said:

BUT, the uncomfortable places, elected officials, black shareholders in mid to large firms, black owners in mid to large firms...

The Black one percent have to lead by example, 

As @Pioneer1 mentions below, the Black 1% may have been chosen or allowed to prosper because they aren't interested in leading or pro-Black endeavors or investments.

 

4 hours ago, Pioneer1 said:

But ofcourse, Mr. Fuller Jr. would refer to these elite Black folks as being "Showcasted"

They are pawns in a game being played by Racists known as "Racial Showcasing Confusion"

No shortage of showcasing among Black folks.

[richardmurray]

@ProfD

the problem with @Pioneer1 position is in the past of the usa the black 1% supported the underground, the black 1% were keys in the many Black DOSers going back to Africa through their own minimal means, the black 1% helped financed the travel and activities of the civil rights movement leaders like mlk jr. 

The black 1% has always existed, many black loyalists and some black rebels were black 1% who owned businesses. So history disproves white power as having the potency he suggest. Don't tell me black 1% were able to help black people in the 1800s when black pregnant women were being hung for sport by whites but now in 2025, the great mind shackle exist. The future isn't about returning to the past, but history does have value, and I think the modern black 1% who have a better environment than any time before in usa or british colonial history , have no excuse to lead by positive + better example. Black business owners circa 1865 in south carolina were willing to defy white people by having black schools when white people, pre KKK , were going from black town to black town burning them down to the ground. 

Fellas, they got to do better and in all earnest , if they don't want to help, I say, call them out on it. I don't have a problem with wealthy blacks not helping black folk if said black 1% can be honest about it, tfi the 99% of black people can be honest about it. . Lets call it like it is, a minority of our forebears were willing to help the white people fighting the englsih, who were enslaving us. So it isn't odd that some black people are willing to help whites over black people in the usa.. But... again, call it like it is.

[Pioneer1]

richardmurray
 

 

the problem with @Pioneer1 position is

A major problem is...it's not MY position, lol.
It's the position of Neely Fuller Jr.
I should have made that crystal clear.

However I DO think there is a lot of validity to it.
Black elites operate and live INSIDE of a powerful System of Racism and what they can and cannot do to "help" other Black folks is very limited despite what you THINK they should be doing.

Yes, much of the Civil Rights movement was funded by wealthy Black people MOST of it was funded by wealthy White philanthropists who maintained control over most of the Movement being the major "shareholders" of it.
So the power of the Black 1% was tampered down and offset by the power certain members of the White 1% who played "good cop".

 

Further, you speak of the "Black 1%" as if they are a monolith and move as a team or unit.

SOME Black elite are down for the cause and believe in helping their people, others are in it only for themselves and hoard their wealth, and yet others are sell outs who ASSIST the System of Racism in oppressing other Black people.
It varies.

Not only is it misleading and confusing to talk of the Black elite as if they were a monolith group of singular thought, aim, and purpose.....but it can also lead to a lot of misunderstandings and conflicts in the community.

The rhetoric and venom aimed at Black elites in general usually hit the good along with the bad.
Even the wealthy and so-called powerful Black people who WANT to help and ARE helping with their wealth and positions often end up being victi