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Analysis Of Malcolm X's Liberation Through Creating Black Businesses

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Stance on economic situations of the black population
Malcolm X extended his views on racial injustice to the economic issues of African Americans, which were, in turn, largely affected by racial injustice. He prioritized the improvement of black lives. In his noticeable “Liberation Through Creating Black Businesses” speech, he pointed out the economic issues that black communities were dealing with in a straightforward way. At the time, the black population was living in significantly worse conditions than the whites were due to their inferior economic situation. Malcolm X’s interpretation of this phenomenon was that blacks were investing in themselves far less than they should be. He used a simple example to illustrate his reasoning: “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 …show more content…
Firstly, the blacks were “misled and misguided” into spending their money in communities other than those of their own. Secondly, when blacks were spending money in their own communities, since whites controlled most of the stores and services, the money they spent did not necessarily end up in their own hands. Rather, other communities were benefited due to their control over stores and other businesses in black communities. As a solution, Malcolm X largely advocated for black nationalism, which indicated a demand of blacks having full control over themselves. He largely encouraged the creation of more black businesses, since they could provide the possibilities for blacks to invest their money in their own communities. Such actions would improve the economic

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