Global Black Voices: News from around the World
- Our spending funds outsiders, letting the Black dollar build others' dreams instead of our neighborhoods.
- Lost economic power drains billions, underfunds Black-owned businesses, schools, media, and blocks building generational wealth.
- Directing just 10% to Black-owned businesses could create over a million jobs, so recirculate the Black dollar with each purchase.
The hard truth? The Black dollar doesn’t stick around. On average, it leaves our community in just 6 hours. Compare that to other com- munities: the dollar circulates for about 20 days in Jewish communities, 28 days in Asian communities, and 17 days in white communities. Ours? Gone before dinner.
That means the money we hustle for — our paychecks, side gigs, small business earnings — ends up building someone else’s dreams. We’re funding corporations that don’t advertise in our papers, don’t sponsor our kids’ sports, and don’t care about our neighborhoods.
And the cost? It’s huge.
We’re talking billions in lost potential, thousands of Black- owned businesses that don’t get our support, and commu- nities that stay underfunded. Without economic power, we can’t fund our own schools, support our media, elect lead- ers who work for us, or pass down generational wealth.
But here’s the good news: We can change this.
If just 10% of our spend- ing went to Black-owned businesses, economists say we could create over a mil- lion jobs. That’s power. That’s progress. That’s legacy.
This isn’t just about what we boycott — it’s about what we buy into. From Black-owned banks and bookstores to beauty brands and tech start- ups, we already have what we need.
So next time you spend money, ask yourself: Is this helping build us up — or sending our power out the door?
Let’s stop the leak.
Let’s recirculate the Black dollar.
Say it with your money. Say it for your future.
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