Introduction to the special issue on black political economy: Obama and the deteriorating condition of African America

Black Scholar

Volumn 40, Issue 1, 2010, Pages 2-6

  Cha Jua, Sundiata Keita ^a  

^a NONE

Author keywords

[No Author keywords available]

Indexed keywords

EID: 77951815612     PISSN: 00064246     EISSN: None     Source Type: Journal    
DOI: 10.1080/00064246.2010.11413505     Document Type: Review

References (25)

1. Oliver C. Cox delivered a devastating critique of Gun-nar Myrdal, Ruth Benedict, Robert Park, and the other liberal idealist race theorists. Ibid;
2. Gunnar Myrdal and Sissela Bok, American Dilemma: The Negro Problem and American Democracy, Vol.1 (New Brunswick, NJ: Transaction Publishers, 1995; New York, 1944);
3. Charles W. Mills, The Racial Contract (Ithaca, NY, 1997), 21;
4. Oliver Cromwell Cox, Caste, Class and Race: A Study in Social Dynamics (New York, repr, 1970; New York: Monthly Review Press, 1948), 463-538, 477-484
5. Congress's Joint Economic Committee estimated thatby the end of 2009, 1.3 million families will have experienced home foreclosures, causing a loss in housing wealth of $103 billion dollars. Blacks constituted 20.1 percent of the sub-prime mortgage market and according to United for a Fair Economy home foreclosures will cost them between $71.5 and $92.9 billion dollars in wealth. Bureau of Labor Statistics, U.S. Department of Labor, News Release, The Employment Situation-October 2009," Table A. Major indicators of labor market activity, seasonal-ly adjusted," November 6, 2009, http://www.bls.gov/news.release/pdf/empsit.pdf;
6. U.S. Department of Labor and U.S. Department of Commerce, The Social and Economic Status of Negroes in the United States, 1969, BLS Report, 375, 1970;
7. Algernon Austin, "What a recession means for black America," EPI Issue Brief #241, January 18, 2008, http://www.epi.org/publications/entry/ ib241/
8. Walter W. Heller, "Economics of the Race Problem," Table II: The Diminishing Cost of Being Black," Social Research Vol. 37, No. 4 (Winter 1970): 499;
9. Dedrick Muhammad, "Race and Extreme Inequality," Institute for Policy Studies, June 11, 2008," http://www.ips-dc.org/articles/454
10. Dalton Conley, Being Black, Living in the Red: Race, Wealth, and Social Policy in America (Berkeley: University of California Press, 1999), 5.
11. Amiri Baraka coined the term changing same to describe the continuities and discontinuities in black music, specifically rhythm and blues music (William J. Harris, The Leroi Jones/Amiri Baraka Reader (New York: Thunder's Mouth Press, 1991), 186;
12. Alphonso Pinkney, The Myth of Black Progress (New York: Cambridge University Press, 1986).
13. Samir Amin, "Financial Collapse, Systemic Crisis?: Illusory Answers and Necessary Answers," Pambazuka News, December 11, 2008, http://www.pambazu-ka.org/en/category/features/52617.
14. Importance differences exist among radical political economists. William Tabb considers finance capital a new social structure of accumulation, whereas John Bellamy Foster views it as particular phase of monopoly capitalism. Samir Amin believes that capitalism is undergoing a systemic crisis, that the system is not capable of restructuring itself;
15. whereas the website Anti-Capitalism: Strategies for Rebuilding the radical Left contend that the system still has options to restructure itself and generate a new social structure of accumulation. Ibid;
16. William K. Tabb, The Centrality of Finance," Journal Of World-Systems Research, Volume 13, Number 1: 2;
17. John Bellamy Foster, The Financialization of Capitalism," Monthly Review Vol.58, No.11 (October 2007), http://www.month-lyreview.org/0407jbf.htm
18. William K. Tabb, "Four Crises of the Contemporary World Capitalist System," Monthly Review, Vol.58, No. 11 (October 2007), http://monthlyreview.org/081006tabb.php
19. Doug Henwood, "Reflections on the Current Crisis" Part 1, The Left Business Observer, August 2007, http://www.leftbusinessobserver.com/ Turmoil.html.
20. Amin, "Financial Collapse, Systemic Crisis?" http://www.pambazuka.org/en/category/features/52617;
21. Lucia Mutikani, "U.S. poverty rate hits an 11-Year High," Reuters, Thurs. Sept. 10, 2009, 7:49 pm EDT, http://www.reuters.com/article/ topNews/idUSTRE58943C20090910;
22. Algernon Austin, Three Lessons about Black Poverty," The Daily Voice: Black America's Daily News Source, September 10, 2009, 11:45AM, http://thedailyvoice.com/voice/2009/09/three-lessons-about-black-pove-002262. php.
23. Foster, "The Financialization of Capitalism," http://www.monthlyreview.org/0407jbf.htm; A
24. lgernon Austin, "Reversal of Fortune: Economic Gains Of 1990s Overturned For African Americans From 2000-2007," EPI Briefing Paper, Economic Policy Institute, Briefing Paper #220, September 18, 2008, 2.
25. Harry Braverman, Labor and Monopoly Capitalism (New York: Monthly Review Press, 1998).