Happy #BlackHistoryMonth !

I'm still not ready to talk about Black history. I want to talk about white US history.

Q: "Why don't Black people build any generational wealth? Newer immigrant groups seem to be doing just fine? Must be a lazy and shiftless people!"

A: Because for most of US history, white folk have *intentionally* destroyed the wealthiest Black neighborhoods in the US and stolen all the wealth.

Greenwood. Allentown. Seneca Village. Rosewood. Freedmen's town.

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#BlackMastodon

*Creating* generational wealth is not hard for Black people. It's happened many times in US history. There have been thriving communities.

*Keeping* generational wealth has proved to be nearly impossible. Between racist pogroms, and eminent domain used to create parks, freeways, reservoirs, and shopping malls, Black folk in the US have consistently had their wealth stolen by white folks.

I still run into New Yorkers that go to Central Park every week, but have never heard of Seneca Village.

We are truly in a golden age of TV shows, because now I don't sound like I'm making stuff up when I talk about Greenwood (thanks Watchmen!). But Black towns were destroyed with fire and water.

https://m.youtube.com/watch?v=l3D4hSQcWbk

Imagine in the 70s stealing all wealth from white Dallas residents(oil), and in the 80s from all Manhattan residents (finance), and 2000s all Atherton, SF, and Medina residents(tech)

and then asking why white folk can't seem to build wealth, from your yacht on "Lake Menlo Park."

Why do white Americans learn about the dozens of wealthy Black towns that were destroyed by racism, from:
* Fictional TV shows made by HBO
* Black women comedians (Amber Ruffin)
* Random Black dudes that post on the internet 🙋🏿‍♂️

Instead of from their history text books?

Again folks will ask "Why was I not taught this in school?" And again, I will say, "You know why." Look at what DeSantis is doing. Look at what the Texas Board of Education has always done.

This is the Forbidden Knowledge(tm)! 🤫

For my friends with MBAs, here are some case studies / interview prep questions.

1) Try and guess the 5 wealthiest white zip codes in the US. Now imagine all of the wealth in those neighborhoods is just stolen and given to Black people. What does that do to the race wealth gap? Hint: Medina Washington alone has about the same net worth as all Black Americans combined.🤡

2) How much does Manhattan real estate *in central park* sell for per square foot? Estimate the value of just Seneca Village.

Land of the Blacks (Manhattan) - Wikipedia