The philosophy of Black Nationalism involves a re-education program in the black community in regards to economics. Our people have to be made to see, that any time you take your dollar out of your community and spend it in a community where you don’t live, the community where you live will get poorer and poorer, and the community where you spend your money, will get richer and richer. […] If we own the stores, if we operate the businesses, if we try and establish some industry in our own community, then we’re developing to the position, where we are creating employment for our own kind. Once you gain control of the economy of your own community, then you don’t have to picket and boycott and beg some cracker downtown, for a job in his business.
So our people not only have to be re-educated to the importance of supporting black business, but the black man himself, has to be made aware, of the importance of going into business.
And once you and I go into business, we own and operate at least, the businesses in our community. What we will be doing is developing a situation, wherein we will actually be able, to create employment for the people in the community.
And once you can create some employment in the community where you live, it will eliminate the necessity of you and me having to act ignorantly and disgracefully, boycotting and picketing some place else trying to beg him for a job. Anytime you have to rely upon your enemy for a job you’re in bad shape.
The so-called modern education, with all its defects, does others so much more good than it does the Negro, because it has been worked out in conformity, to the needs of those who have enslaved and oppressed weaker peoples.
The large majority of the Negroes who have put on the finishing touches of our best colleges, are all but worthless, in the development of their people.
If the Negroes are to remain forever removed from the producing atmosphere, and the present discrimination continues, there will be nothing left for them to do. If the Negro in the ghetto must eternally be fed by the hand that pushes him into the ghetto, he will never become strong enough to get out of the ghetto………Carter G. Woodson
The political and economic philosophy of Black Nationalism only means that we have to become involved in a program of re-education, to educate our people into the importance of knowing that, when you spend your dollar out of the community in which you live, the community in which you spend your money, becomes richer and richer; the community out of which you take your money, becomes poorer and poorer.
Now go to the “Plan”, read it and “Phase One”