“I have always been someone who is curious about people and society and culture,” said Dr. Rachel Lariya. Businessman.
Image Credit: Courtesy of Penguin Random House. Dr. Raheel Lariya.
The upbringing of a single mother who migrated from Ghana to the United States, Lariya began her career in Goldman Sex and had a dual PhD in African American studies and social cultural humanity from Yale University. CalvilleJP Morgan Chase and his new book current research, Black investor: a blueprint for what is possible.
“It was definitely a culture shock,” and I have said about working in the Goldman Sex’s corporate services and real estate divisions, “and I have so far made some culture shocks in my short life. But it was also an experience that presented me (my) pace in a very practical way, which opened up a lot of questions and curiosity because of writing me (which led me to write (which opened me a lot of questions and curiosity.Black investor).. “
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In his academic work, Lariya reviewed the black radical tradition and how the experience of the history and critical theory around the black is found in capitalism. Lariya says that often, such scholarships show that black people have no relationship with the capitalist system that does not exploit the history of American capitalism, because black people “and often, were labor of the capitalist system, but hardly it was beneficial.
However, in the Goldman Sex, Lariya found that people of many colors have “an animal’s stomach” – with Wall Street “complex, interesting, contradictory relationships.” This experience revised her from which she learned and considers how to make a place for black people within the American economic system, to discover how they can benefit from capitalism.
“Anyone can invest and invest in black capital.”
Lariya’s work Black investor It started when he researched and wrote his dissertation, which focused on black investors in the trans -Atlantic industry. When he continued the project, he confronted the question of how people could use capital tools to develop their communities.
Image Credit: Courtesy of Penguin Random House
Lariya’s book depends on two essential terms: “black capitalist” and “black capitalism.”
Lariya explained, “I describe a black investor as an individual who identifies as a black person and positions himself in position with the strategy within the economy to take advantage of it (and) to create social well -being.”
On the other hand, the “Black Capital” Race Agonostic, Lariya Note. She says, “Anyone can be invested and implemented in black capitalism, because it can be an individual or collective who is doing the same thing to reset within the economy to create social welfare.”
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According to Lariya, this sectarian mentality has the ability to “break” contemporary ideas about capitalism – about what it can do and how we can participate in it.
“For many people, the idea of ​​a black investor is oximoronic or even identity crisis.”
Lariya has acknowledged that some people will have a “negative reaction” in the title of his book. Black investor.
“For many people, the idea of ​​a black investor is oximoronic or is also a crisis of identity because the question becomes, How can I adopt an economic system that has never allowed me to take advantage of it, and in fact, only me and my community have been exploited?“Lariya explained.
Lariya says it is a question of tension that has been presented to the history of legal slavery in the United States, the generations of economic trauma, and has come from the history of continuously expanding the gap of ethnic wealth.
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Lariya also notes the difference between a black investor and a black person who participates in capitalism. In the latter case, anyone who is participating in capitalism to “regenerate the loss of the capitalist system” will not fit in the definition of Lariya.
“It became clear to me that I would need to use my story.”
A couple of stories Black investor In these packs, they are a black Goldman sex employee and an IFA priest who describes himself as “spy”, who receives extra resources to his black communities in Brook Lane, New York, and Nigerian business Vememo Abe and returns to his black parties, which is a joint company.
“(Isoso is) this win win,” Abe said, “Abe told Businessman In 2023. “This is a win for the tenant because they can set their credit score or create their credit score and when we came to this country and I could not go through my mother and I, and during a difficult time, the (tenant) can also get a zero -hiring rent.
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Lariya also made a “difficult choice” to tell her story in the book. When he interviewed for the book, many women with whom he spoke were concerned about being included and recognizable despite the names of the names.
Lariya explained, “It became clear to me that I would need to use my story in such a way that I was standing for many women whom I spoke to.” “Because at the end of the day, many of our stories and experiences were like how we visit corporate America – many of the negative experiences we have, many of them have many experiences in these places but really never benefit their benefits.”
Before publishing Black investor On June 10, Lariya hopes the book will transmit readers to a united action.
Lariya says, “Especially when we are living, ((is)) lock the weapons and go to the same page as to how we will live in that moment and how we will pass at that moment.” “We know that total capitalism is not being eliminated, so from a practical point of view, this is a question, How can we use the tools of this system to create a more equal system of social good ((and), in a permanent effort, we can try to bring something that is more? “