In a recent speech at the University of Maryland, a racially motivated activist known for establishing the largely rudderless Black Lives Matter movement, shared some virulently anti-capitalist views. After declaring that America’s economic system is “bad for blacks,” Alicia Garza insisted that even increased prosperity within minority communities would not change her mind:
I don’t think that by making more black elites that we are going to shift that, so black capitalism is not the answer to that. We need a different economic system that does not prioritize profits over people.
As further ostensible evidence that “there’s something very wrong” with America’s capitalist model, she concluded that “black folks were the first currency in this country.”