Economic Freedom Riders of today, stand up!

James Clingman | 6/23/2013, 5:04 p.m.
It is always interesting to reflect on certain events that took place in days gone by, especially when it comes ...

I would much rather go to Detroit and ride a Black-owned bus than go to a museum and pay to see the bus that Parks and others rode in 1955. It may be a piece of history, but it’s still just a bus, an inanimate object that played nothing more than a passive role in what we now call our struggle for equality. Someone made a few hundred thousand dollars from the sale of the bus. Someone else made another $300,000 to restore it. And the museum continues to make who knows how much because people want to see it, to board it, to touch it, and to actually sit in the same seat in which Parks sat. As Don King said, “Only in America!”

I appreciate the willing spirit of those who sacrificed, walked, fought and subjected themselves to the Bull Connors of this nation. It would be a tribute to them if we would use their lessons to economically empower ourselves. Celebration and nostalgia are fine, but what we need now are ownership and control of income-producing assets, such as buses, museums, supermarkets, hotels and gas stations.

Is anybody out there willing to start an equity/investment fund? Is anybody out there ready to put some money into it? Is anybody out there willing to support the businesses developed by such an effort? Or, are we satisfied with simply making others wealthy by spending our way into economic oblivion? I don’t think Parks would want us to do that. She was tired of giving in, so she defied the status quo. Are we tired enough to make a similar change in our economic behavior?

Jim Clingman, founder of the Greater Cincinnati African American Chamber of Commerce, is the nation’s most prolific writer on economic empowerment for Black people. He is an adjunct professor at the University of Cincinnati and can be reached through http://blackonomics.com.