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Black Wealth Is Not a Dream. It’s Our Birthright

  • Writer: karissajaxon
    karissajaxon
  • Jun 27, 2025
  • 5 min read

Updated: Jul 26, 2025

We’ve Been Wealth. We’ve Built Wealth.

Before we ever owned stock, we were stock. Bought, sold, and exploited as capital, Black people were the economic engine of early America. Our ancestors didn’t just build wealth—they were the wealth. From picking cotton, laying railroad tracks, nursing white babies and inventing tools that revolutionized industries, Black labor made America very very rich.


Yet somehow, we’re still being told that wealth is new to us. That Black prosperity is a trend. That ownership is a dream we’re just now allowed to chase. But none of that is true. Wealth has always been in our hands. It’s just been ripped from our grip time and time again.

We have to begin believing what has always been true about ourselves and unlearning the lies we’ve been taught.


Black wealth is not about what we might accomplish someday. It’s about reclaiming what’s already ours. Black wealth is not a fantasy. It isn’t rare. It isn’t an exception. It’s a birthright. And the more we understand that, the more unapologetically we can build, buy, and believe in the economic future we deserve.


From Cotton Fields to Corporate Fields

Contrary to what is being taught in schools, our story did not start or stop in the fields. After emancipation, Black people became what they always were: masterbuilders. We wasted no time building businesses, buying land, founding towns, and forming banks. We built entire economic ecosystems in places like Tulsa’s Greenwood District, Durham’s Black Wall Street, Chicago’s Bronzeville, Detroit’s Black Bottom, and Atlanta’s Auburn Avenue. We opened our own hospitals, newspapers, insurance companies, and schools—not because we were allowed to, but because we were determined to.


Even when redlining, segregation, and terrorism tried to choke the life out of Black advancements, we adapted. We moved from the fields to the factories, from the back kitchens to the boardrooms. Today, we lead companies, launch brands, and drive billion-dollar industries in tech, beauty, fashion, and finance. Our creativity shapes global culture. Our spending power is estimated at nearly $1.8 trillion—a number that would make us the tenth-largest economy in the world if we were our own country.


But here’s the challenge: spending isn’t the same as owning. And the next chapter of our story must focus not only on what we contribute to the economy, but on what we control.


Ownership Is the New Revolution

We’ve mastered influence. Now it’s time to master infrastructure. Real power comes not from being the face of a movement, but from controlling the systems behind it. Ownership means having the final say—over our homes, our businesses, our media, our land, and our futures.


We can no longer afford to just be consumers. Every dollar we spend without intention is a missed opportunity to build legacy. Ownership gives us leverage. It funds our schools, protects our communities, and creates jobs for the next generation. It’s how we reclaim our narrative and insulate ourselves from the cycles of exploitation.


The revolution won’t be televised—but it will be incorporated, patented, and land deeded.

Owning what we build is not a luxury. It’s survival. And more than that, it’s strategy.


Building Wealth on Purpose

Wealth doesn’t happen by accident—it happens by design. And for Black communities, building wealth must be intentional, generational, and collective.


That means teaching our children financial literacy from an early age. It means pooling our resources, supporting Black-owned businesses, buying land, and creating our own institutions. It means choosing legacy over lifestyle, and community over clout.


It also means healing the mindset. Centuries of systemic oppression have conditioned many of us to believe wealth is for “them,” not us. But we’ve already proven otherwise—time and time again. From Tulsa to Auburn Avenue, Bronzeville and Jackson Ward, Black Americans have built thriving economies before and with more technological advances than any other time in history, we can do it again.


Purposeful wealth-building is how we break free from survival mode and step into sovereignty. Every investment, every lesson, every dollar redirected into our community is a brick in the foundation of liberation.


Reclaiming What Was Stolen

Make no mistake, Black wealth didn’t disappear—it was taken. Through redlining, racist lending practices, wage theft, violent displacement, and the systematic destruction of Black communities, the wealth our ancestors built was strategically stripped right away. Entire neighborhoods like Tulsa’s Greenwood District, Detroit’s Black Bottom, and Durham’s Hayti were bombed, bulldozed, and buried under freeways.


And yet—we’re still here.


Reclaiming that wealth isn’t just about money. It’s about memory. It’s about truth-telling. It’s about correcting the lie that we’ve never had anything to lose. We did have something. We had thriving businesses, banks, schools, hospitals, and mutual aid networks. We had dignity in ownership and power in unity.


To reclaim what was stolen, we must restore what was buried: our vision, our self-worth, and our strategy. That starts with understanding our economic history—not just the pain, but the power. We must study how we built before so we can build smarter now.


Reclaiming is resistance. Reclaiming is repair. Reclaiming is the return to what has always been rightfully ours.


The Future Is Ours to Fund

We are not waiting for permission, and no, we’re not waiting for reparations, validation, or inclusion. The future of Black America will be funded by us—or not at all.


That means circulating our dollars intentionally. Supporting Black-owned businesses consistently. Teaching our children financial literacy, ownership, and entrepreneurship as early as we teach them to walk. Pooling our resources to invest in land, education, media, and infrastructure that reflects our values and serves our people.


We’re not starting from scratch—we’re starting from legacy. From the genius of those who built wealth in chains. From the brilliance of communities that turned segregation into self-sufficiency. From ancestors who planted seeds so we could harvest opportunity.


Know this: The dream of Black wealth is not some distant fantasy. It’s the unfinished business of our people. And it’s waiting for us to finish what they started.


Let’s build.


Pick Your Own Cotton is more than a metaphor—it’s a call to reclaim our economic power and choose ourselves. For too long, Black dollars have flowed out of our communities, supporting other economies instead of our own. Integration gave us the right to choose where we live and spend, but far too many of us are still choosing to support systems that don’t prioritize our liberation.


Every purchase, every business decision, is an opportunity to invest in Black communities and create generational wealth. It’s time to recognize that the economic injustices of slavery are still felt today, and without ownership, we're not far from that slave status. We must take responsibility for our community—supporting our own businesses, guiding our own youth, and uplifting our own people. 


It’s time to pick our own cotton, not as laborers for someone else, but as creators of our own economic future, ensuring that every dollar works to rebuild what was lost and create a thriving, self-sustaining Black economy.







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