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In Class with Carr

S E118: "Money is Power!" The Black Dollar (Part 1)

In Class with Carr

Knarrative

Africana Studies, Society & Culture, Education, History, Karen Hunter, Empowerment, Greg Carr

4.9972 Ratings

🗓️ 29 July 2019

⏱️ 24 minutes

🧾️ Download transcript

Summary

Karen and her guest Andrew McCaskill (formerly of Nielsens) break down the economic history and power of the black community. And they take a look at where black spend their dollars and why.

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Transcript

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0:00.0

This is Karen Hunter and welcome to the hub.

0:10.0

What is freedom and what is power? According to James Baldwin, freedom is not

0:16.8

something that anybody can be given. Freedom is something people take and

0:21.0

people are as free as they want to be.

0:24.0

According to James Baldwin, you're free,

0:27.6

as long as you think you are,

0:29.1

and no one can give you freedom.

0:30.5

You have to take it. And it's similar with power. And today we're

0:34.8

going to talk about buying power. I did an interview at the top of the year, top of

0:38.8

2019 with Andrew McCaskill, who at the time was with Nielsen.

0:42.8

Andrew McCaskill frequently is a guest on the Clay Kane show on Serious XM Urban View Channel

0:47.3

126, and I wanted to have them on frequently on my show to talk about buying habits and buying power because I want to

0:54.9

close this wealth gap. But I know in order to close this wealth gap this is not

0:58.8

about a political movement. This is not about marching in the streets. This is about choices, just like freedom is a choice.

1:05.0

Our power to close the wealth gap is also a choice.

1:08.0

And what Andrew McCaskill did in our very first interview was lay the groundwork for the work that we need to do next.

1:15.0

It was a great interview.

1:16.0

I broke it into two parts.

1:17.3

This is part one where we talk about the beginnings, the history, how we got here. And what McCaskill said, which I think is really powerful,

1:26.0

is that the biggest way people give up their power

1:28.6

is by thinking they don't have any.

1:30.5

So we explore the awesome amount of power black folk have and how black dollars single-handedly

...

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