Economic Co-Operation Among Negro Americans: Report of a Social Study Made by Atlanta University, Under the Patronage of the Carnegie Institution of ... Conference for the Study of the Negro Problem Buy on Amazon

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Economic Co-Operation Among Negro Americans: Report of a Social Study Made by Atlanta University, Under the Patronage of the Carnegie Institution of ... Conference for the Study of the Negro Problem

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ISBN / ASIN1330609581
ISBN-139781330609583
AvailabilityUsually ships in 24 hours
Sales Rank1,436,490
MarketplaceUnited States  🇺🇸

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Excerpt from Economic Co-Operation Among Negro Americans: Report of a Social Study Made by Atlanta University, Under the Patronage of the Carnegie Institution of Washington, D. C., Together With the Proceedings of the 12th Conference for the Study of the Negro Problems, Held at Atlanta University, on Tuesday, Ma

The Conference regards the economic development of the Negro Americans at present as in a critical state. The crisis arises not so much because of idleness or even lack of skill as by reason of the fact that they unwittingly stand hesitating at the cross roads - one way leading to the old trodden ways of grasping fierce individualistic competition, where the shrewd, cunning, skilled and rich among them will prey upon the ignorance and simplicity of the mass of the race and get wealth at the expense of the general well being; the other way leading to co-operation in capital and labor, the massing of small savings, the wide distribution of capital and a more general equality of wealth and comfort. This latter path of co-operative effort has already been entered by many; we find a wide development of industrial and sick relief, many building and loan associations, some co-operation of artisans and considerable co-operation in retail trade. Indeed from the fact that there is among Negroes, as yet, little of that great inequality of wealth distribution which marks modern life, nearly all their economic effort tends toward true economic co-operation. But danger lurks here. The race does not recognize the parting of the ways, they tend to think and are being taught to think that any method which leads to individual riches is the way of salvation.

The Conference believes this doctrine mischievously false, we believe that every effort ought to be made to foster and emphasize present tendencies among Negroes toward co-operative effort and that the ideal of wide ownership of small capital and small accumulations among many rather than great riches among a few, should persistently be held before them.

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