Did you know that black americans were more successful and owned more buisnesses 100 years ago? So what changed?
1900-1930s is refered to as the The golden age of black entrepreneurship, during that time Blacks were increasingly segregated. However the more they were cut off from the larger white community, the more black entrepreneurs succeeded in establishing flourishing businesses that catered to a black clientele. The most rapid growth came in the early 20th century, As the increasingly rigid Jim Crow system of segregation moved urban blacks into a community large enough to support a business establishment. When white businessmen reduced their contacts with black customers, black entrepreneurs rushed to fill the vacuum by starting banks, insurance companies and numerous local retailers and service providers. Furthermore, the number of black doctors and lawyers increased sharply and by 1920, there were tons of thounsands of black buisnesses. This also meant success for black people as they were family orientated in those days and could build generational wealth.
So what happened?
Even though it wasn't uncommon for some of those prospering communities to be attacked by jealous white people who burned everything down, they where actually rebuilt because there was no other choice. But in the 50-60s black people started the Civil right movement which was the biggest hoax in history, it went on making the black community consumers instead of producers. Instead of continueng building their own, black people fought for their rights to dine in white owned restaurants with white people. When desegregation started black people stopped spending money at black buisnesses and would rather go into a white community where they would spend their money and this meant that those black business that were once prospering became bunkrupt. High income black people rather moved into white communities where they were not wanted and suffer racism than build up their own communities. This has continued till today and its estimated that asian americans keep a dollar in their community 120 times longer than black americans because they engage in group economics where they buy from each other unlike black people which is why its not common for asians to drive to white/black communities to buy goods while its the norm for black people to drive to white/asian/non black communities to buy goods. It also should be said that today most of the shops in black communities are white or asian owned. Another thing is that they stopped being family orientated after desegregation with the ''strong independent black women'' agenda being pushed and also the gangster mentality of having several baby mamas.
You may look at black people prospering in sports such as the NFL, but those black men fail to build generational wealth for black people and the black community. Most of them marry white women (Inferiority complex: ''You're only successful once you have a white women'') and transfer the wealth to the white community once again. The richest black american, Robert F Smith is also married to a white women, so they fail in building generational wealth for their communities.
Once black americans wake up and start thinking as a community and work together is when they will prosper, they did it 100 years ago because they were forced to work together by the laws in place.
Here is a video of Tulsa, Oklahoma A.K.A Black Wall Street, in the 1920 which was one of the prospering black communities. It was unfortunately burned down by poor racists whites in the 1921 Tulsa race riot(A black man was accused of raping a white women and gave the poor racists jungus the motivation that they had long waited for).