Able Quote by Angela Davis
“We have to look at for example the increasing globalization of capital, the whole system of transitional capitalism now which has had an impact on black populations - that has for example eradicated large numbers of jobs that black people traditionally have been able to count upon and created communities where the tax base is lost now as a result of corporations moving to the third world in order to discover cheap labor.”
About This Quote
Source Speech: Lecture on Globalization and Labor, 1990s
Capitalism’s shift to cheap labor abroad erodes jobs for Black communities and depletes local tax bases, deepening economic inequality.
In simple terms: Globalization cuts jobs and tax revenue for Black communities.
Key Takeaway
Address economic policies to protect local jobs.
Themes
economics
race
globalization
labor
inequality
Mood
concerned
determined
Type
political
analytical
When to use this quote
- community organizing
- policy advocacy
- local investment
- job training
- tax reform
Key Concepts
capitalism
structural racism
tax base erosion
Questions to Reflect On
- How can local economies adapt to global labor shifts?
- What policies can protect vulnerable workers?
A Different Perspective
Corporations may still prioritize profit over equitable policies.
