Is Black Capitalism Still a Myth?

Abstract

In this reprint of the new introduction to The Myth of Black Capitalism, Earl Ofari Hutchinson reflects on the relevance of his work more than fifty years after its initial publication. Even despite the promotion of wealthy Black individuals as model capitalists and COVID recovery schemes purported to help Black entrepreneurs, "Little had changed except the desperation of countless numbers of near penniless, distressed Black small business owners."