Nation: Black Pocketbook Power

Black Power sentiment is fed, among other things, by the urban Negro's pent-up resentment of the white businessmen who make their living from the slum's daily needs. These white-run enterprises, blacks complain, not only batten on the ghetto's misery by overcharging for shoddy goods but also siphon off their profits from Negro neighborhoods and seldom employ black workers.

But black animosity can breed an antidote to its own racial poison. In Chicago, where the white community dismissed Martin Luther King's 1966 civil rights crusade with a hatful of vapid promises, black pocketbook power has become an effective, constructive force....

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