Using historical and present data, this presentation examines the contribution of black entrepreneurship to the continuous re-birth of people of means, shopkeepers, or the black bourgeoisie.
Forgotten data from works such as W.E.B. Dubois’ 1896 study Economic Co-Operation Among Negro Americans, his 1911 book The College Bred Negro, shows that by the 1940s, black families in this tradition were in their third generation of college matriculation (Charles Johnson’s The Negro College Graduate). Evidence from Monroe Works research on the Negro Business Leagues shows how by 1911 blacks were just as likely to be self-employed than most Americans.
Dr. John S. Butler will discuss his own work, Entrepreneurship and Self-Help Among Black Americans: A Reconsideration of Race and Economics, to compare black Americans with other self-help entrepreneurial groups which adopted the entrepreneurial model for adjustment to American Society.
This tradition continues today in the form of a value system which is grounded in black success, and shows how homophily continues to fuel the black bourgeoisie through organizations and endowments. The data explored from the 1700s to the present allows for the understanding and presentation of models which accounts for the continued success of black Americans in this tradition. Attendees will learn how this model can fuel a rebirth among communities who have been lost in the wilderness.