Practicing Group Economics

Based on Dr. Claud Anderson's "PowerNomics", Empowering Black America, We are using his work as an initial organizing strategy for building and implementing the National Black Business Alliance. Rank the importance of each of the 12 points listed below. use the scale of 1 to 10, 1 is the least, 10 is the most. These concepts will become part of "The Black Party", a coalition of people who work to live in the financial "black" and not the indebted "red". Race is not the basis for "Black Party" participation.
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  1. Create an alternative economy within Black communities.
     
      1 2 3 4 5 6 7 8 9 10     N/A
    1  10  


  1. Dominate business ownership and management where Black people are the majority consumer population.
     
      1 2 3 4 5 6 7 8 9 10     N/A
    1  10  


  1. Focus on wealth building and restoring the economic intent of the original civil rights laws.
     
      1 2 3 4 5 6 7 8 9 10     N/A
    1  10  


  1. Counter the “brain drain” with businesses that aggressively attract Black talent from schools, the government and corporate America
     
      1 2 3 4 5 6 7 8 9 10     N/A
    1  10  


  1. Establish solid “root” businesses within Black communities.
     
      1 2 3 4 5 6 7 8 9 10     N/A
    1  10  


  1. Construct vertical businesses and industries that control all processes from raw resources in markets within and outside of Black communities.
     
      1 2 3 4 5 6 7 8 9 10     N/A
    1  10  


  1. Stop the “capital drain” out of Black communities. In other words, “buy Black, but sell to anyone.”
     
      1 2 3 4 5 6 7 8 9 10     N/A
    1  10  


  1. Attract semi-finished products into Black communities for value-added manufacturing, processing, and assembling.
     
      1 2 3 4 5 6 7 8 9 10     N/A
    1  10  


  1. Promote competitive advantages of Black communities.
     
      1 2 3 4 5 6 7 8 9 10     N/A
    1  10  


  1. Establish “safe business zones” based upon a code of conduct in Black business communities.
     
      1 2 3 4 5 6 7 8 9 10     N/A
    1  10  


  1. Amass “vision capital and wealth through community-based financial efforts.
     
      1 2 3 4 5 6 7 8 9 10     N/A
    1  10  


  1. Establish international economic alliances and marketing agreements between Black America, Black Africa and Caribbean nations.
     
      1 2 3 4 5 6 7 8 9 10     N/A
    1  10  


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National Youth Center for Entrepreneurship
Errol A. Jones, M.Ed., MBA
Executive Director
Houston, TX