We say we’re not going to fight capitalism with socialism, but we’re going to fight it with black capitalism.

48 points

Pretty sure killer mike and his rap persona are two different people with different ideologies.

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41 points

But all the money goes to one guy.

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15 points

Yeah the bad one

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15 points

i like to imagine he has a cubby hole somewhere with Killer Mike’s cut and in his bank is Normal Mike’s cut

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10 points

That seems awfully optimistic to me.

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44 points

“Financial literacy” is such a condescending concept that blames the victims of poverty and absolve the perpetrators.

People are not broke because they don’t know how to make a budget. People are broke because wages are too low and prices are too high.

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22 points
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Deleted by creator
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Okay but poverty is harrowingly expensive . Those skills are only useful once you have money.

Like being an Olympic gymnast with a severed spine or a marathon running with a lethal dose of muscle relaxants in your blood.

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6 points
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18 points

Out of character I’m going to point out that a lot of poor people deeply distrust banks because they charge every fee imaginable. One of the most frequent criticisms I see is that poor people will spend a large portion of their income on gold jewelry. Yeah, because it’s a store of value that’s independent of predatory bank fees. As @SoyViking said, people are not broke because they don’t know how to make a budget. People are broke because wages are too low and prices are too high.

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I feel like this presents a tautology or something because the wealthy by definition don’t have to worry about the same strict financial limitations of people in poverty, thus anything the wealthy do will seem financially literate. The wealthy don’t have the same consequences for failures of personal finance, so how you would even begin to compare these situations is beyond me. A wealthy person by definition isn’t worrying about something as dire as making a choice between a dentist visit or getting their car fixed.

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yep. not sure what that other guy is on about with his “both sides” take.

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39 points

Both are ridiculous. You fight fire with prison slaves.

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37 points
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Listening to Killer Mike on RTJ 1-4 : :ancom: :fred-hampton::ancom::chairman-meow: :anarcho-sickle:

(Seriously, they are genuinely good albums)

Seeing Killer Mike & EL-P along with other titans of the hip-hop in the X-Men gala comics: :dean-smile:

Listening to Killer Mike talking about “empowering” black folk by recreating the same systems that hurt us but this time it has black faces on at the top. A very common hustle that I have seen my entire life from every grimy black entrepreneur trying to make a buck off and feel good about it. An utter betrayal of the cultural promise of hip-hop : 💢 😡 💢

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27 points

The whole hustle with black owned businesses is bullshit, unless the black owners of the business are the workers.

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30 points
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Yup!

I’m also pretty tired of being called a hater/uncle tom/tryna sound white or whatever, but “black-owned” isn’t radical unless that ownership is a fundamentally different form of ownership.

I hate how libs have co-opted blackness into a consumer choice and/or marketing brand. I hate how this aspirational capitalism is somehow empowering for black folks, it’s not. It never has been. It never will be.

Sure get your money right, that’s fine, but never ever think you can capitalism the people to prosperity and equality. If anything capitalism demands black folk remain an underclass. I wish there were a more prominent discussion about capitalism direct negative impact on black folks. I suppose it’s easier because race is a buffer to class which a buffer to capital in the US, it sucks.

It’s just dreadful to know that black folks are meant to want this nonsense. I want my peoples to be free and equal, to live Dr. King’s dream in its fullness, but capital will never bring us to the mountaintop.

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14 points
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very well put, reminds me of this quote

Let’s travel back to Marx’s Grundrisse:

It is not individuals who are set free by free competition; it is, rather, capital which is set free.

from https://redsails.org/china-has-billionaires/

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30 points

:fred-hampton:

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Nope, sorry, never heard of him.

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