Archive for the ‘Economics’ Category

I really hope Delonas has a helluva explanation for this political cartoon …

The arrival of the recession didn’t really hit me that much. I remember the basic economic principal that I was taught when I was younger, “As the supply of jobs goes down, demand for education goes up.” While this is still probably true, this past week’s events really made me take a deeper stock of my position as an academic and the ways that the University system is insulated, but not impervious. This past Friday, Clark Atlanta University dismissed 100 staff members, including 70 faculty citing financial difficulties.

What would our communities look like if we concentrated on contributing positively to each other lives, rather than concentrating on accruing financial capital? Basically, the desire to make money often takes precedent over our ability to contribute to each others well being. “Support Black Business” this was my approach to the principle of Ujamaa for years, but I realized that supporting a business by someone who looks like me will likely get our people no closer to liberation. Need an example, just turn on BET.

The Automaker “bailout” remains a hot topic and the conversation about it on the web and in the mainstream press […]