Extemporaneous musings, occasionally poetic, about life in its richly varied dimensions, especially as relates to history, theology, law, literature, science, by one who is an attorney, ordained minister, historian, writer, and African American.
Tuesday, January 5, 2016
BLACKS ARE THE 'CAPITAL' IN CAPITALISM
Blacks are the 'capital' in capitalism
Blacks formed the foundation of capitalism. This economic system rose from, upon, after the enslaving of Africans and their exportation to the Americas and to the Caribbean.
This simple and direct fact was stated by Dr. Martin Luther King, Jr., in a speech that he gave in 1967 at some unknown convention.
I heard this tape for the first time on January 4, 2016. When I heard it, I remembered that Adam Smith's classic, THE WEALTH OF NATIONS that I had read decades ago, in my attempt to understand the origins of capitalism, was written in the 1776. Hence, "The "Declaration of Independence" and the "Wealth of Nations" should be studied as one unit, along with Thomas Jefferson's 1785 classic, NOTES ON THE STATE OF VIRGINIA, "Query XIV." to gain an accurate understanding of the true origin and purpose of capitalism as it pertains to blacks.
Capitalism spawned the "Industrial Revolution" in England from the tons of cotton and sugar derived from the black slaves in the "New World." England 's manufacturing, insurance, and shipping helped to supply rum, cheap goods, mirrors, and arms to African chiefs and thieves to steal more laborers.
So, we need look only to ourselves to discover a means to defuse its capitalist desecration of ourselves!