Representative democracy has failed black people in America

The growth of political capitalists …

Representation means nothing if the spoils of society are not being delivered for each vote provided by citizens.  Black voters in particular are interested in optimal physical safety, a need stemming from violence perpetrated on them during the Jim Crow era; optimal access to capital, without which economic security is near impossible or very difficult; and the right to exist as a unique and thriving culture.

What I see being exchanged for each vote delivered by black citizens is the acquisition of a title by one or two elected representatives.  Representative democracy has created political capitalism, where owners of the political factors of political output are not creating political outcomes that address protecting uniqueness of black society, optimal black economic security, or optimal protection from violence.  Government, rather, is a feeding trough for black political representatives, with the number of voters they can persuade to vote for their party serving as the tickets for admission to the political feeding spots.

Government as a club you swing, not a club you join …

Blacks should not look at government as a club to send their smoothest talking salesman to.  Rather, blacks should look at government as a club that can be swung in order to generate capital access, physical security, and economic empowerment.  The outcomes should be a result of pressure politics.  This means that black political leadership should not be found embedded in the political machinery.  Black political leadership should be manipulating the political machinery from the outside.

Blacks in America need only go back to 1954 when the U.S. Supreme Court, in Brown v. Board of Education, vacated the ruling in Plessy v. Ferguson, holding that segregated educational facilities were unconstitutional.  This major landmark civil rights action did not flow from the efforts of black members of Congress.  There were hardly any.  This ruling was the result of blacks taking alternative action in the courts, an approach that was focused and targeted on, in my opinion, the most important branch of government.  It is here where the social and public policy goals of law are interpreted and in some cases, where current social policy is brought to light and used to overturn precedent.

Creative chaos versus status quo ….

When black representatives allow themselves to be embedded in the current electoral structure, their priorities shift to satisfying congressional leadership and mining votes for their national parties.  These activities serve the interests of a majority white congressional leadership versus the black constituents black representatives are supposed to be advocating for.  Take for example U.S. Representative Al Green’s attempt to bring forward articles of impeachment against President Donald J. Trump.  The articles were blocked by the House with Mr. Green, Democrat of Texas, not being able to bring the majority of his own party on board with the proposal.

Mr. Green’s actions were in keeping with the status quo of congressional politics.  But did his actions result in any benefits for black constituents?  Did they lead to an increase in physical or economic security?  Did they lead to increased influence of blacks in the national Democratic Party?

What is likely is that Mr. Green lost political capital and as a political capitalist he must realize that a decreased ability to bring voters with him to the trough means lessened prestige in the Congress.  The other issue he has to face is how his constituents will deal with the knowledge that their congressman has wasted scarce political capital on a go nowhere initiative all because being embedded in the machinery creates the obligation of delivering outcomes that don’t serve them.

Conclusion: Representative democracy is failing blacks …

Representative democracy has failed black people in America.  The representatives from the black community in Washington have been converted into agents for their respective party’s leadership, securing the votes needed so that they can pull up a chair at the trough.  Just like social media has turned subscribers to social networks into resource and product for advertisers, the electoral system has turned black voters into lumps of coal with black congressmen acting as the conveyor belt carrying the coal to the primaries and the national elections.

The question is, what is the alternative approach?

 

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Increasingly wary of the entrepreneurship narrative

The eye catcher ….

Social media in particular has been pushing entrepreneurship to blacks as another path to wealth building.  I need to ponder this idea some more particularly from the legal and public policy perspective, but right now I wonder if entrepreneurship is nothing but a policy sham, designed to keep the eyes of Americans in general and black Americans in particular off of what truly drives wealth building in any economy: capital, especially its monopolization.

True wealth building factors ….

Since I am not wealthy, the following wealth factors are from what I have observed versus actually experienced.  They are:

  1. The ownership of the factors of production.
  2. Ownership or significant control of a unique production process.
  3. Investment in a number of unique production processes that provide significant returns.
  4. The sale of unique, exceptional expertise.

Entrepreneurship: Wage slavery on steroids … 

Entrepreneurs are typically involved in the resale of the output of the production process.  They rarely own the intellectual property behind the production process or the product itself.  They are typically agents competing against other agents trying to sell the same or like products.  Competition erodes the opportunities they have to earn high profit.  They are stuck in the volume game.  Any wealth the attain will come from their ability to save some portion of their business margins.  Most are wage slaves with the additional responsibility of paying back a business loan with the hopes of capturing the value of the firms during their sale.

Parting, starting thoughts….

Should policy provide entrepreneurs with more opportunity to capture wealth and if so, how?  Are we too fixated with the “actin aspect” of wealth that we are paying little attention to the thought exercise that is involved in creating the true value behind wealth and its transmission?

Again, just some thoughts on entrepreneurship that I promise to share later.

“Keep on, keeping on” has to go away …

A black woman on the train.  Homeless by her account ans asking for spare change.  She gives her “testimony” about how God has brought her through trials and tribulations.  She reminds riders willing to listen that with their belief in God, they will prosper, even though at this present time her narrative of prosperity does not appear to be holding up for her.  Then again, her faith may be emboldening her to get up everyday and get on the train to do what she has to do and ask for a little help from strangers.

But is the “keep on, keeping on” narrative sufficient enough to lift the entire black collective living in the United States?

The religiosity-driven “keep on, keeping on” narrative has been expressed since Africans were brought to the western hemisphere over 500 years ago as part of the slave trade.  While the black man has been free from slavery in America for over 150 years, his mental and emotional state has not elevated to a state of awareness necessary for nationhood.  The black man is still immersed in pain and suffering.

The self-correcting necessary to move black people away from the “keep on, keeping on” will require a deep analysis as to its root causes, but hopefully when we conduct the analysis we will not spend too much time such that we create another institution or think tank within which professors labor over multiple approaches for discussing the problem.  We are stagnant enough as it is.

Black people also have to ensure that during our self-analysis that we are not using analytical approaches steeped in Eurasian philosophy.  There are too many Ivy League wannabe-educated black PhD s inserting Euro-poison into the analysis of black political issues.  Blacks need an analytical framework that is non-linear; can break down and identify the connecting dots between black pain and suffering; can identify the factors that cause blacks to view policy through pain and suffering, and; can convert the hurt narrative into a conqueror’s narrative.

Unlike the choruses of defeatism uttered by the homeless woman on the train, blacks need to start writing choruses of victory.  Staying in the kumbaya mindset will not help us.

Joe Biden still sitting comfortable in South Carolina

For the period 11 June through 22 July 2019, Joe Biden is polling strong in South Carolina with 37.5% of potential primary voters giving him the nod.  Real Clear Politics has Bernie Sanders polling at 12.5% while Kamala Harris trails at 11.3%.

The South Carolina primary, to be held on 29 February 2020, is seen as a barometer for how well the candidates may do with black voters.  The majority of South Carolina’s Democratic primary participants are black and blacks have historically provided significant electoral support to the Democratic Party.

Joe Biden “yes” vote holds at $.30

As of 1:20 pm EST, PredictIt priced the chances of Joe Biden winning the Democratic nomination for president at $.30.  Elizabeth Warren‘s chances of wining the nomination is priced at $.23 while Kamala Harris‘ chances are now priced at $.16.

Thanos: To be Savage …

And they found Thanos, the Savage, working the land, in touch with a natural environment that provided his sustenance, in a world where there was enough nature to go around. They couldn’t understand that kind of freedom. So they killed him so that they could return to a world of systems upon systems upon systems that serve only to separate man further from what is natural. They would rather live in that artificial world than one where they could get closer to themselves ….

….Thanos was right …and in the end, in reality, The Avengers failed…

Libra coin and broadband provide a template for increased economic empowerment

The eye catcher: Maxine Waters’ reaction to Facebook’s Libra …

Facebook’s announcement that it is getting closer to releasing a cryptocurrency has regulators in the United States in a wee bit of a tizzy.  For example, U.S. Representative Maxine Waters, chairman of the House Committee on Financial Services, asked that Facebook put a moratorium on activity to release the crypto-coin, known as Libra, in 2020.

“Given the company’s troubled past, I am requesting that Facebook agree to a moratorium on any movement forward on developing a cryptocurrency until Congress and regulators have the opportunity to examine these issues and take action,” Mrs. Waters said.

Facebook’s issues with adequately protecting the behavioral data of its platform’s users is a continued topic of discussion among the consumer protection folks.  As a protector of the American payment system, Mrs. Waters concerns are expected.  A platform that is used by 2 billion people across the globe with a digital payment system overlay should raise concerns for any nation as that new payment systems entrant poses a competitive alternative for people using currency to seek out and purchase goods and services of value to them.  Reducing the transaction fees assessed on currency movement and purchases provide a benefit to consumers and to holders of capital seeking to increase returns.

Privacy. Disposing the non-issue …

I will dispose of the data privacy issue side note before moving on to the more important issue of black political economy empowerment.  If Mrs. Waters is that concerned with saving Americans from the privacy bogeyman, she would bring members across the aisle in the House Committee on Energy and Commerce and the Senate Committee on Science, Commerce and Transportation and offer a comprehensive bill on privacy that encompasses data collection behavior on the part of core providers, such as AT&T, Comcast, and Verizon, and edge providers, such as Facebook and Google.

Democrats have shown no balance on the issue of internet regulation and acting as if Facebook’s cryptocurrency is a surprise only signals to the internet industry that Congress lacks vision and intends to remain hopelessly behind the technology curve.  The privacy issue should not be used to slow down Facebook’s crypto initiative.

Facebook’s Libra is an outline for the African Diaspora’s Next Step ….

What Mrs. Waters and the rest of the black American political elite may not appreciate is the schematic a digital coin tethered to other currencies or securities provides for the African Diaspora community.  For example, a digital payment system provides a conduit between the African Diaspora in the United States and the African continent.  Currency is an information transmitter and if digitized it means that the information currency transmits about wealth and opportunity can be sent without the friction introduced by unneeded intermediaries.

The block chain technology that such a platform would be built on provides transparency in the form of a digital ledger linked by cryptography.  By design, data transmitted in the block chain is resistant to modification.

Reduced friction in transactions facilitates digital data flows.  It means reduced costs for the cross border flow of capital.  Broadband technology would not only enhance the search and confirmation of investment opportunities in Africa, it makes greater use of block chain technology possible.

And while Facebook’s mission is to “connect the world”, Facebook’s priority is not economic empowerment of blacks.  This opens an opportunity for engineers, scientists, technologists, and economists in the African Diaspora to build their own digital platform linking the western and eastern hemispheres with a digital currency designed to run over this platform.  The resulting creation of capital on both continents can be used to build food processing plants that are desperately needed in Ghana and increasing the size, production efficiencies, and marketing efforts of black-owned farms in the United States.

Conclusion: Keep the eyes on empowerment and digital future …

Rather than slowing down Libra, Mrs. Waters and the rest of the black political elite should be asking, “How can we use this platform or the idea of this platform to our benefit?”